ZWB – BMO Covered Call Canadian Banks ETF – ETF Investment Strategy | Morningstar

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Strategy

The Fund seeks to provide income and long-term capital appreciation through exposure to equity securities of Canadian banks, while mitigating some downside risk through exposure to a covered call strategy. Generally, the Fund will invest substantially all of its assets, directly or indirectly, in BMO Equal Weight Banks Index ETF (for the purposes of this Fund, the Reference Fund).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ZWB	BMO Covered Call Canadian Banks ETF	ETF	Open			Jan 28, 2011	CA$4.55B	—	Above Average	—	−CA$202.23M
ZWB.U	BMO Covered Call Canadian Banks ETF (USD Units)	ETF	Open			Jan 24, 2022	$25.82M	—	Average	—	$4.25M
ZWB.T	BMO Covered Call Canadian Banks ETF CAD	ETF	Open	—		Feb 12, 2026	CA$7.61M	—	Average	—	—

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