The BMO Tactical Dividend ETF (TSX:ZZZD) is a very well-run fund by one of the best money managers in Canada. This ETF offers investors a more tactical approach to dividend options in Canada and around the world. This fund looks to more defensive sectors rather than glamorous ones, meaning investors can receive less volatile returns with owning such an ETF, an extremely valuable attribute.
That said, this fund is under-exposed to higher-growth areas of the economy that have dominated in recent years such as high tech, so investors with greater growth aspirations may rightly choose another ETF that fits such a mandate.
Dividend investing out to be tactical, and in this regard, this ETF is everything a dividend investor needs, in my view.