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ZWC Review: the BEST \u0026 Diversified Canadian Dividend ETF - All You Need To KnowWhy Invest? � Designed for investors looking for higher income from equity portfolios � Invested in a diversified basket of Canada's most established banks. The BMO Covered Call Canadian Banks ETF Fund's main objective is to achieve a high level of after-tax return, including dividend income and capital gains. The ETF seeks to provide exposure to the performance of a portfolio of U.S. banks to generate income and provide long-term capital appreciation while mitigating.