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ActivePassive U.S. Equity ETF
APUE (ActivePassive U.S. Equity ETF) is an active US Equity ETF by ActivePassive. With a 0.31% MER, it provides diversified exposure through 44 holdings. Annual distribution with a 0.79% yield.
APUE is actively managed by ActivePassive's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.31% MER, its fees are in line with category averages.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).