ZWB is an ETF that holds the big six Canadian banks. The advisors sell covered calls against 40% to 50% of the underlying shares, allowing the remaining shares to rise or fall with the market.
The fund was launched in January 2011 and has $3.2 billion in AUM.
ZWB is an ETF that holds the big six Canadian banks. The advisors sell covered calls against 40% to 50% of the underlying shares, allowing the remaining shares to rise or fall with the market.