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BMO Expands Suite of Physical Gold ETFs with New and Innovative Covered Call Spread Gold Bullion ETF
BMO Expands Suite of Physical Gold ETFs with New and Innovative Covered Call Spread Gold Bullion ...
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[{"type":"text","content":"\n\n\n\n BMO Expands Suite of Physical Gold ETFs with New and Innovative Covered Call Spread Gold Bullion ETF\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n BMO gives investors another way to gain exposure to gold, with the added benefit of monthly cashflow\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n May 27, 2025\n \n\n /CNW/ - BMO Asset Management Inc. the manager of the BMO ETFs, today announced the launch of the new BMO Covered Call Spread Gold Bullion ETF (ZWGD).\n \n\n BMO Covered Call Spread Gold Bullion ETF seeks to provide long-term capital appreciation through exposure to the price of gold bullion, net of fees and expenses, by investing directly or indirectly in long-term holdings of unencumbered gold bullion, while mitigating some downside risk through the use of a covered call spread strategy.\n \n\n The new BMO ETF offers investors another way to invest in precious metals and complements BMO's innovative line-up of\n \n physical gold ETFs\n \n , which includes:\n \n\n\n BMO Gold Bullion ETF (ZGLD/ZGLD.U)\n \n\n BMO Gold Bullion Hedged to CAD ETF (ZGLH)\n \n\n\n \"The new BMO Covered Call Spread Gold Bullion ETF is an example of the innovative products BMO GAM is bringing to investors, offering exposure to physical gold while at the same time providing a stream of cashflow,\" said\n \n Bipan Rai\n \n , Managing Director, Head of ETF & Structured Solutions Strategy, BMO Global Asset Management. \"For investors seeking exposure to gold, this ETF is a new strategy for them to consider and may have a place within their portfolio.\"\n \n\n BMO Covered Call Spread Gold Bullion ETF has closed its initial offering of units and is listed and trading on the Toronto Stock Exchange.\n \n\n\n Advantages of Investing in Gold*\n \n\n\n\n Exposure to physical gold can be a good portfolio building block, as historically, precious metals tend to have a lower correlation to traditional asset classes like stocks and bonds and offers investors an effective way to diversify their portfolio.\n \n\n...