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Allianz CDR (CAD Hedged)
ALZ (Allianz CDR (CAD Hedged)) is an index Canadian Equity ETF by Allianz. It provides diversified exposure.
ALZ by Allianz is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
It does not pay a significant distribution — returns are reinvested for capital growth.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.