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Passive-Income Seekers: 2 BMO ETFs to Buy Aggressively for 2025

The article from MSN Money discusses two BMO ETFs recommended for passive income seekers looking towards 2025. The first ETF highlighted is the BMO Canadian Dividend ETF (TSX:ZDV), which focuses on Canadian companies known for their high dividend yields and stability, offering a yield of 4.25% with a management expense ratio (MER) of 0.39%. This ETF includes major Canadian banks and utilities, providing a diversified approach to income generation. The second ETF is the BMO Covered Call Canadian Banks ETF (TSX:ZWB), which not only invests in Canada's major banks but also employs a covered call strategy to enhance income, yielding 7.4% with an MER of 0.72%. This strategy involves selling call options on the stocks held, which can limit potential gains but significantly boosts income. The article suggests that these ETFs are particularly appealing for those looking to aggressively build passive income due to their high yields and the stability of the underlying assets.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/top-stocks/passive-income-seekers-2-bmo-etfs-to-buy-aggressively-for-2025/ar-AA1vPhPn ]