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BMO Covered Call Utilities ETF (ZWU)
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BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE)
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Canoe EIT Income Fund (EIT.UN)
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Q: My wife has been diagnosed with dementia and on a waiting list for LTC. I'm thinking of setting up her TFSA for monthly income to top up her government pensions.
Thinking of eit.un, zwu, zwe . Harvest and Horizon have higher yields but I am concerned about sustainability. Your thought please.
Thank you for your good works.

Asked by David on May 23, 2024

5i Research Answer:

EIT.UN is a long established closed end fund, with a 5-year annualized return of 15.33%. It has...

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZWU.

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