Key stats
About BMO COVERED CALL SPREAD GOLD BULLIO UNITS CAD
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Inception date
May 21, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The fund aims for long-term capital appreciation by providing exposure to the price of gold bullion. Through a fund-of-fund structure, the fund invests directly or indirectly in long-term holdings of unencumbered gold bullion. The underlying fund holds physical gold bullion in a Toronto vault under BMOs custody. The fund seeks premiums through a covered call spread strategy in which a call option spread is implemented on 50% of the portfolio. The fund sells a call option with a lower strike price and buying a call option with a higher strike price to maintain its long exposure to gold bullion price. The options will be out-of-the-money with 1-2 months to expiry, and both options will have the same expiry date. Investors should take currency fluctuations into consideration.
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
ETF
Bonds, Cash & Other100.00%
ETF99.87%
Cash0.30%
Rights & Warrants−0.17%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZWGD assets under management is 3.02 M CAD. It's risen 10.06 M% over the last month.
ZWGD fund flows account for 1.51 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.
No, ZWGD doesn't pay dividends to its holders.
ZWGD shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on May 21, 2025, and its management style is Active.
ZWGD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZWGD invests in funds.
ZWGD trades at a premium (0.47%) meaning the ETF is trading at a higher price than the calculated NAV.