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BMO Covered Call Utilities ETF

Stock Symbol: ZWU-T

Last Price Recorded: 15.3000 on 2013-05-23 01:15:00

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Date Signal Expert Opinion Price
2013-04-08 BUY Larry Berman CFA, CMT, CTA

Broader based utilities.  For the next few years this trades 5% on either side of $15 and generates a nice yield for you.  Includes telecoms.  6-7% yield.  Don’t worry too much about volatility.

 Price:
$14.950
Subject:
N/A
Bias:
UNKNOWN
Owned:
Yes
2013-03-25 BUY Larry Berman CFA, CMT, CTA

6-8% dividend for next 2-3 years.  Covered call strategies.  Not without volatility.  Likes it.

 Price:
$14.840
Subject:
N/A
Bias:
CAUTIOUS
Owned:
Unknown
2013-01-09 DON'T BUY Michael Bowman

Very much likes Covered Calls but not in this market. Really great in a market that isn’t going anywhere, sort of a sideways trending market. If you are bullish on equities, you do not want to have any Covered Calls as it will drag down the performance of the position. Thinks markets are moving higher, so covered calls will impact your rate of return.

 Price:
$15.250
Subject:
CANADIAN LARGE & ETFs
Bias:
BULLISH on US MARKET
Owned:
Unknown
2012-12-10 BUY Larry Berman CFA, CMT, CTA

Loves it.  Covered Call Utility Stock ETF.  Utility stocks are relatively stable and the fact that you can do a covered against them enhances the yield a couple percent a year and is a brilliant strategy.  A nice stable investment and if markets dip you still get the yield.

 Price:
$14.970
Subject:
N/A
Bias:
CAUTIOUS
Owned:
Unknown
2012-12-06 COMMENT John DeGoey

This would work very well for people who want a low beta portfolio. Makes a good deal of sense for a lot of people. With covered calls, you are giving away some of the upside but protecting some of the downside. Also, utilities are more conservative usually. Not against this but doesn’t always recommend it.

 Price:
$14.870
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2012-10-29 PAST TOP PICK Richard Croft

(A Top Pick Aug 15/12. Up 1.63%.)

 Price:
$15.190
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Yes
2012-08-15 TOP PICK Richard Croft

This is Covered Calls on utility stocks and pays a monthly income anywhere between $0.085 and $0.09 a share and that is coming to you as capital gains and/or dividends. Yield is about 7% annually.

 Price:
$15.260
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
CAUTIOUS
Owned:
Yes
2012-07-12 COMMENT John DeGoey Are covered Call ETF’s any good, will they fluctuate or be fairly steady? For many people in reasonable doses makes some sense. Doesn’t love or hate covered call ETF’s. The income that you get from covered calls is regular taxable income and taxable at your top marginal rate. If there’s a big run up, you forgo some of that gain.
 Price:
$14.980
Subject:
PERSONAL FINANCE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2012-06-19 BUY Richard Croft Likes this as they only write options on a portion of the portfolio. Premium on top of the dividend is typically a high dividend paying stock. This combination gives you about a 7.5%-8% return.
 Price:
$14.960
Subject:
OPTIONS & ETFs
Bias:
UNKNOWN
Owned:
Yes
2012-04-30 DON'T BUY Michael Bowman Covered Calls seems to be the flavour of the day. There are Covered Calls on any index you want because that is what everybody wants these days. In reality, Covered Calls work extremely well in markets that are trendless. Doesn’t believe these Covered Calls will be able to maintain their dividend. See's volatile decreasing in the market. He would recommend a basket of dividend paying stocks such as iShares International Fundamental ETF (CIE-T) and iShares BRIC ETF (CBQ-T).
 Price:
$15.480
Subject:
ETF's
Bias:
OPTIMISTIC
Owned:
Unknown
2012-04-02 COMMENT John DeGoey Markets for the past 75 days or so have been moving sideways. If you don't believe there is a great deal of direction going forward, utilities are good way of a) minimizing volatility and b) when you lay a covered call strategy on top of that, you minimize volatility even further. This is one of the most conservative ETF's you can get.
 Price:
$15.490
Subject:
PERSONAL FINANCE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2012-02-03 BUY John Hood Covered Call Utilities ETF. Likes this one. What they do is right Calls against individual stocks, not against the index. He uses it for some of his smaller accounts where he can't adequately diversify among 3 or 4 different covered individual bank stocks. You have to realize that if the yield is 8%, that is not what you are going to get.
 Price:
$15.390
Subject:
ETF's & OPTIONS
Bias:
OPTIMISTIC
Owned:
Yes
2011-12-05 DON'T BUY Paul Gardner, CFA Covered Call Utilities ETF. Covered Call strategy is very popular these days but is getting crowded. Basically it says that if the market trades sideways and with all the volatility in the market, can you not make money off that volatility. To do this they go long the stock but write covered calls against it. You underperform if the market goes really down or goes really up. Over the next 2-3 years we should see a better equity market.
 Price:
$15.030
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
No
Showing 1 to 13 of 13 entries

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