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BMO US Put Write Hedged to CAD ETF
ZPH (BMO US Put Write Hedged to CAD ETF) is an active Alternative ETF by BMO. With a 0.65% MER, it provides diversified exposure. Monthly distribution with a 10.49% yield.
ZPH is actively managed by BMO's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.65% MER, its fees are in line with category averages. It pays a monthly distribution with a 10.49% yield, making it attractive for income-seeking investors.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.