BMO Covered Call Canadian Banks ETF Unit

(BMDLF)

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Profile

BMO Covered Call Canadian Banks ETF seeks to provide Unitholders with exposure to the performance of a portfolio of Canadian banks while mitigating downside risk, and also seeks to provide Unitholders with monthly distributions. Currently, the investment strategy of BMO Covered Call Canadian Banks ETF is to invest in and hold the securities of Canadian banks, units of BMO Equal Weight Banks Index ETF or a combination of these. In addition, depending on market volatility and other factors, BMO Covered Call Canadian Banks ETF will write covered call options on these securities. Under such call options, BMO Covered Call Canadian Banks ETF will sell to the buyer of the option, for a premium, either a right to buy the security from the ETF at an exercise price or, if the option is cash settled, the right to a payment from the ETF equal to the difference between the value of the security and the exercise price.

Contact Information

Website: www.bmo.com/gam/ca
Email: alternativeproducts@bmo.com
Main Phone: +1 8003611392
Address: 43rd Floor
Address 2: 100 King Street West
State: Ontario
City / Town: Toronto
Country: Canada
Postal Code: M5X 1A1

Issuer Information

Exchange: GREY
$ 15.26 $ 0. (0.00%)
Last Price 15.26 Change $ 0. Change % 0.00 Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open N/A High N/A Low N/A Prev Close 15.26
Last Trade Volume 0 52 Wk Hi 15.44 52 Wk Low 14.35
Market Cap 1.5 bi Ex-Div Date Div Rate 0.75 Yield 4.9170
Shares 97,700,000.00 EPS (TTM) N/A PE Ratio N/A Exchange Greys