Company Data
BMO US Put Write Hedged to CAD ETF
Ticker
ZPH:CA
Current Price
$14.145 -0.11%
Market Cap
$29.0M
Price Target
Refer to Report
Volume
11.1K
52wk Range
$12.7 - $15.2
Overview
The ETF seeks to provide exposure to the performance of a portfolio of put options on U.S. large capitalization equity securities to generate income. The ETF will invest in or use derivative instruments to seek to hedge U.S. currency exposure. Currently, the ETF primarily invests in BMO US Put Write ETF and uses derivative instruments to hedge back to the Canadian dollar. The ETF will sell put options on individual securities that will be selected considering volatility, fundamental and technical analysis, price sensitivity to the broad market, and sector diversification.