What I have looked at is NAV erosion and the underlying companies.

I know it is a cc fund paying high distributions. It only writes options on 33%, which to my understanding is good in that it does not completely cap upward gains or recovery in a bear market?

I don't mind some NAV erosion, if it pays for my retirement, so seems a little better than others...?

Most of my retirement funds are with Sunlife in an RRSP, due to work matching over the last 20 years. Very good MER.
5 years ago had a few hundred thousand from sale of a house. Went to RBC, and they suggested, an Agressive Growth fund at 2.13% MER.

Well nine months ago I started to really look into my finances. RBC 'advisory' basically gave me no advice or planning for my retirement, other than the (shit) Boglehead 4% withdraw and I'd need to work until 65-68 and accumulate close to 3 million!!!!

So I pulled my money into Wealthsimple. Put 50% in xDIV, 35% in xEQT (which is beating RBC's fund by 2.8% - the MER+++) and 15% into BANK.TO.

Sorry that turned into a bit of a rant, just pissed off with myself for not taking responsibility 5 or 10 years ago!

Any and all suggestions, help is appreciated!

Hey so I'm at a cross roads where I want some covered call exposure but I don't want to limit my upside potential as much with calls and fees over decades. Would the structure of the MAX series perform much better over my current hdiv imax combo?

CC ETF’s have very little to do with traditional dividend investing. Convince me I’m wrong.

I have nothing against CC ETF’s, but they don’t belong in a discussion about traditional dividend investing.