This ETF invests in an equal-weight portfolio of about 20 of the largest healthcare companies listed on North American exchanges. The managers write covered call options on a portion of the stocks to generate extra revenue for unitholders. The goals of this ETF are regular quarterly cash distributions, the potential for capital gains, and below-average volatility.
Income Investor
The ETF is trading slightly below the price at which it was recommended about a year ago. However, investors have received regular, but variable, quarterly distributions that equate to a yield of 5.6%. - Gordon Pape
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Interactive Performance Chart
FHI was first recommended here on June 17, 2022