Horizons Equal Weight Canadian Bank Covered Call ETF
The Horizons Equal Weight Canadian Bank Covered Call ETF (TSE:BKCC) is a dynamic investment vehicle designed for those looking to capitalize on the robust Canadian banking sector. As a sector-focused fund, BKCC zeroes in on financials, particularly targeting the banks niche, offering investors exposure to some of the most stable and well-capitalized financial institutions in Canada. This ETF employs an equal weight strategy, ensuring a balanced representation of each bank, which can mitigate the risks associated with overexposure to any single entity.
Furthermore, BKCC enhances its income potential by integrating a covered call strategy, which involves writing call options on the underlying securities. This approach is tailored for investors seeking to generate additional income without significantly sacrificing growth potential. By blending the stability of the Canadian banking giants with the income-generating strategy of covered calls, BKCC presents a compelling option for those aiming to fortify their portfolios with a mix of steady income and potential for capital appreciation. Whether you're a seasoned investor or new to the financial markets, this ETF offers a strategic opportunity to participate in one of Canada's most vital economic sectors.
Horizons Equal Weight Canadian Bank Covered Call ETF (BKCC) Fund Flow Chart
Horizons Equal Weight Canadian Bank Covered Call ETF (BKCC) 1 year Net Flows: C$87M