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Brookstone Dividend Stock ETF
BAMD (Brookstone Dividend Stock ETF) is an active US Dividend Equity ETF by Brookstone. With a 0.89% MER, it provides diversified exposure through 10 holdings. Quarterly distribution with a 3.70% yield.
BAMD is actively managed by Brookstone's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.89% MER reflects the costs of a more specialized management approach. It pays a quarterly distribution with a 3.70% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.