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The higher-for-longer narrative continues.
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BMO ETFs: Covered Call ETF Strategies in CanadaThe Fund invests primarily, directly or indirectly, in Canadian bank equities by investing all or a portion of its assets in one or more exchange traded funds. The ETF seeks to provide exposure to the performance of a portfolio of Canadian banks to generate income and to provide long-term capital appreciation while. The Fund's F class units slightly outperformed the Solactive Equal Weight Canada Banks Index, which returned %. Overall, Canadian banks were challenged.