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BMO launches US dollar unit version of US High Dividend Covered Call ETF

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BMO Asset Management has launched a new class of US dollar units of the BMO US High Dividend Covered Call ETF (ZWH.U), making it more convenient for Canadians who want to use US dollars to invest.

BMO AM is a leading provider of ETFs listed in US dollars in Canada. The addition of ZWH.U to BMO ETFs' lineup expands the number of BMO ETFs that offer USD Units to five:

• BMO US High Dividend Covered Call ETF (ZWH.U)
• BMO S&P 500 Index ETF (ZSP.U)
• BMO US Dividend ETF (ZDY.U)
• BMO Low Volatility US Equity ETF (ZLU.U)
• BMO Mid-Term US IG Corporate Bond Index ETF (ZIC.U)

"The US market is becoming increasingly popular for Canadian investors. Many are seeking different ways to participate in it whether through the purchase of Canadian Dollar hedged units, Canadian Dollar unhedged units, or US Dollar units," says Kevin Gopaul, Chief Investment Officer and Senior Vice President, BMO Asset Management Inc. "ETFs that are listed in Canada, but offered in US dollar units, provide investors who are looking for US exposure easy access and tax effective solutions."

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