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About BMO Covered Call Technology ETF
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Inception date
Jan 20, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05590J1030
The fund applies a covered call option (or buy-write) strategy on the technology segment of the North American equity market. The fund holds underlying stock positions on technology and technology-related companies, and writes call options out of the money. Call options, which are either exchange-traded or over-the-counter, are selected based on the option's implied volatility. The funds strategy enables investors to earn call option premiums and have tax-efficient distributions. The option premium provides investors with limited downside protection. The funds underlying portfolio is rebalanced and reconstituted on a semi-annual basis, and options are rolled forward upon expiry.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks100.01%
Technology Services47.95%
Electronic Technology39.67%
Retail Trade8.47%
Producer Manufacturing2.40%
Commercial Services1.32%
Bonds, Cash & Other−0.01%
Cash0.18%
Rights & Warrants−0.19%
Stock breakdown by region
North America98.51%
Europe1.49%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZWT invests in stocks. The fund's major sectors are Technology Services, with 48.04% stocks, and Electronic Technology, with 39.75% of the basket. The assets are mostly located in the North America region.
ZWT top holdings are NVIDIA Corporation and Alphabet Inc. Class A, occupying 9.58% and 9.25% of the portfolio correspondingly.
ZWT last dividends amounted to 0.22 CAD. The month before, the issuer paid 0.22 CAD in dividends,
ZWT assets under management is 170.86 M CAD. It's risen 3.68% over the last month.
ZWT fund flows account for −12.18 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ZWT pays dividends to its holders with the dividend yield of 4.19%. The last dividend (Sep 3, 2025) amounted to 0.22 CAD. The dividends are paid monthly.
ZWT shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jan 20, 2021, and its management style is Active.
ZWT expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
ZWT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZWT invests in stocks.
ZWT price has risen by 2.27% over the last month, and its yearly performance shows a 28.30% increase. See more dynamics on ZWT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.67% over the last month, showed a 12.27% increase in three-month performance and has increased by 28.24% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.67% over the last month, showed a 12.27% increase in three-month performance and has increased by 28.24% in a year.
ZWT trades at a premium (0.45%) meaning the ETF is trading at a higher price than the calculated NAV.