🚀 Two new ways to earn high monthly income just launched on the TSX! Evolve ETFs has rolled out: TSX: CFIN – Evolve Canadian Financials Yield Fund TSX: CUTE – Evolve Canadian Utilities Yield Fund Both use an active covered-call strategy (no leverage) designed to boost cash flow while giving you pure exposure to some of Canada’s strongest companies. CFIN – Canadian Financials Equal-weight exposure to Canada’s “Big Six” banks + major lifecos: • Scotiabank • RBC • TD • BMO • CIBC • National Bank • Manulife • Sun Life • Great-West Life • Power Corp CUTE – Canadian Utilities Equal-weight exposure to Canada’s largest utilities, pipelines & telecoms: • AltaGas • Enbridge • Hydro One • Fortis • BCE • TC Energy • Pembina • Emera • Rogers • Telus Key benefits of both: ✅ High monthly distributions (initial: CFIN $0.20 | CUTE $0.234 per unit) ✅ Active covered-call overlay for enhanced yield + some volatility reduction ✅ No leverage ✅ Equal-weight index approach (rebalanced quarterly) ✅ RRSP/TFSA eligible Main difference? CFIN = pure financials (banks + insurance) CUTE = utilities + pipelines + telecom Perfect pair if you want income from two of Canada’s most reliable dividend engines.
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1 Comments
Eric @rykybiker · 20d
Interesting for margin account as the covercall stratégie is lowering volatility, reducing risk while the leveraging is already brought by the margin instead of adding a second layer of leverage on top 🤔😏
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