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BMO Covered Call Canada High Dividend ETF Fund Series A

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Canadian Div & Inc Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-27-2025) 		$9.41
Change
$0.07 (0.71%)

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Sep 2018Jan 2019May 2019Sep 2019Jan 2020May 2020Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025$8,000$10,000$12,000$14,000$6,000$16,000$8,500$9,000$9,500$10,500$11,000$11,500Period

Legend

BMO Covered Call Canada High Dividend ETF Fund Series A

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Fund Returns

Inception Return (May 14, 2018): 4.80%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -0.54% -0.58% 1.77% 1.92% 11.81% 6.35% 3.75% 6.37% 10.45% 4.71% - - - -
Benchmark -0.10% -2.00% 4.34% 1.41% 17.85% 13.20% 9.57% 10.07% 14.37% 10.31% 10.21% 9.29% 9.91% 8.27%
Category Average -0.48% -1.20% 2.30% 1.19% 13.76% 8.94% 6.01% 8.00% 12.03% 7.77% 7.91% 6.96% 7.75% 6.56%
Category Rank 274 / 468 136 / 468 326 / 467 148 / 467 394 / 463 422 / 451 415 / 441 373 / 414 350 / 403 387 / 395 - - - -
Quartile Ranking 3 2 3 2 4 4 4 4 4 4 - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 3.38% -2.82% 5.06% 1.96% 1.95% 0.15% 3.29% -3.33% 2.51% 0.16% -0.20% -0.54%
Benchmark 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10%

Best Monthly Return Since Inception

9.37% (November 2020)

Worst Monthly Return Since Inception

-18.72% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - 15.61% -7.95% 23.90% -4.55% 6.46% 10.89%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17% 15.51%
Quartile Ranking - - - - 4 4 4 3 3 4
Category Rank - - - - 323/ 389 377/ 403 332/ 411 295/ 434 311/ 446 432/ 455

Best Calendar Return (Last 10 years)

23.90% (2021)

Worst Calendar Return (Last 10 years)

-7.95% (2020)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 97.76
Income Trust Units 1.55
Cash and Equivalents 0.69

Sector Allocation

Sector Allocation
Name Percent
Financial Services 39.53
Energy 17.40
Industrial Services 10.46
Telecommunications 8.80
Basic Materials 8.63
Other 15.18

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.45
Latin America 1.55

Top Holdings

Top Holdings
Name Percent
BMO Canadian High Dividend Covered Call ETF (ZWC) 99.81
CAD Currency 0.19

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1011121314151617-5%0%5%10%15%

BMO Covered Call Canada High Dividend ETF Fund Series A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 12.21% 11.33% -
Beta 0.88% 0.85% -
Alpha -0.04% -0.02% -
Rsquared 0.95% 0.90% -
Sharpe 0.04% 0.72% -
Sortino 0.17% 1.08% -
Treynor 0.01% 0.10% -
Tax Efficiency 32.21% 74.47% -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.75% 12.21% 11.33% -
Beta 0.78% 0.88% 0.85% -
Alpha -0.02% -0.04% -0.02% -
Rsquared 0.85% 0.95% 0.90% -
Sharpe 0.90% 0.04% 0.72% -
Sortino 1.78% 0.17% 1.08% -
Treynor 0.10% 0.01% 0.10% -
Tax Efficiency 79.28% 32.21% 74.47% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A79.0​79.063.0​63.00%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A80.8​80.866.1​66.10%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A79.7​79.758.8​58.80%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A72.1​72.161.1​61.10%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

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Fund Details

Start Date May 14, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $221

Fund Codes

FundServ Code Load Code Sales Status
BMO127
BMO70127

Investment Objectives

This fund's objective is to provide a return that is similar to the return of one or more exchange traded funds that invest primarily in dividend paying Canadian equities while mitigating downside risk.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund’s objective: invests up to 100% of the fund’s assets in securities of BMO Canadian High Dividend Covered Call ETF; BMO Canadian High Dividend Covered Call ETF seeks to provide exposure to the performance of a portfolio of dividend paying Canadian companies to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options.

Portfolio Management

Portfolio Manager

BMO Asset Management Inc.

  • Chris McHaney
  • Chris Heakes
  • Charles-Lucien Myssie
  • Jimmy Xu
Sub-Advisor

-

Management and Organization

Fund Manager

BMO Investments Inc.
Custodian

State Street Trust Company Canada
Registrar

BMO Investments Inc.

State Street Trust Company Canada
Distributor

BMO Investments Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.64%
Management Fee 1.45%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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