Investor suitability

For those who:

• want equity exposure to Canada's 6 largest banks
• want the potential for high income generation
• want to receive regular quarterly cash flows (if any)
• can tolerate medium risk

Fund overview

The Fund's investment objectives are to provide Shareholders with (i) quarterly distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would be experienced by owning a portfolio of common shares of the following banks directly: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank. As part of its investment strategy, each month, the Fund sells call options on approximately, and not more than, 25% of the common shares of each bank held in the portfolio.

Fund/ETF Facts (2022-12-01)