Q: In your opinion, pls. recommend the best covered call, Cdn. bank ETF.
Thank You
Thank You
5i Research Answer:
We would recommend ZWB for a covered call Canadain bank ETF. It has just under $3B in net assets and charges a 0.65% management fee. HCAL is another option, and since its inception it has outperformed ZWB and charges the same fee. HCAL is however riskier, due to it's usage of leverage and smaller size at $583M in net assets.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZWB.