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Pmv Adaptive Risk Parity ETF
ARP (Pmv Adaptive Risk Parity ETF) is an active US Equity ETF by Pmv. With a 1.42% MER, it provides diversified exposure through 6 holdings. Annual distribution with a 6.01% yield.
ARP is actively managed by Pmv's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 1.42% MER reflects the costs of a more specialized management approach. It pays a annual distribution with a 6.01% yield, making it attractive for income-seeking investors.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).