Great to see all 5 Canadian Financial CC ETF with Leverage use different Strategy to generate income... $CBNK : https://www.mulvihill.com/cbnk Holds 6 Banks & $PIC-A 9% (using the leverage). Writes CC & puts only on the Leveraged portion of 16% & holds $PIC-A on the leverage portion of 9%. 100% growth upside just like DayMax Series. In fact they are the OG of generating income only on the Leveraged Portion. Current Yield of 9.15% (Monthly Distributions). $BANK : https://evolveetfs.com/product/bank/ Only ETF in this list that Holds 6 Banks & 4 Life Cos. Use 25% leverage and write calls upto 33% of the portfolio. Current Yield of 15.94% (Monthly Distributions). $SIXY : https://evolveetfs.com/product/sixy/ Holds 6 Banks. Use 33% leverage and write calls upto 50% of the portfolio. Current Yield of 21.94% (Semi-Monthly Distributions). $BKCL : https://www.globalx.ca/product/bkcl Holds 6 Banks. Use 25% leverage and write calls upto 33% of the portfolio. Current Yield of 11.48% (Monthly Distributions). $HPYB : https://harvestportfolios.com/etf/hpyb/ Holds 6 Banks & Canadian T-Bills. Use 25% leverage and write calls & puts to generate income. Holds 31% in T-bills in order to write puts. Current Yield of 13.18% (Semi-Monthly Distributions).
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10 Comments
Rohit Gupta@rohitg · 21h
Bank baby
Trajvans @tayinvest · 9h
I have BANK and continue to add to my holding every month.
Dany @danman · 22h
Your best ?
Diane Reddick@dreddick · 9h
I have 2 of these. Overlap. Thinking of selling one.
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