Q: Which would you suggest is the better to hold for the long term ZWB or ZWK? Or should I hold both?
5i Research Answer:
ZWB is a covered call fund focusing on Canadian banks. ZWK is similar, but with a US bank focus. If only one, we would lean to ZWB. Though the US economy is stronger than Canada, our banking system is far less competitive and valuations are attractive. But we do think both of these can be owned for an investor seeking enhanced income.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZWB.