Q: Is ZWB.U purchased in Canadian or US dollars?
In which currency is the dividend paid?
Thanks.
In which currency is the dividend paid?
Thanks.
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
-
Purpose US Cash Fund (PSU.U)
-
BMO US Preferred Share Index ETF (ZUP.U)
-
BMO Premium Yield ETF (ZPAY.U)
-
BMO Monthly Income ETF (ZMI.U)
-
BMO Covered Call Canadian Banks ETF (ZWB.U)
-
US High Interest Savings Account Fund (HISU.U)
Q: I am looking for US dollar income in a non registered account. What is your view on zpay.u for this purpose. Are there any other etfs you would recommend as an option?
Q: I hold DYN6001 in my non-registered savings account to generate USD income. It has low volatility but relatively modest monthly income due to management fees. Would ZWB.U be a better choice? Its current yield is 7.2% but comes with an MER of 0.72%. Can you suggest other options for USD income with low volatility?