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iShares Infrastructure Active ETF
BILT (iShares Infrastructure Active ETF) is an active US Equity ETF by iShares. With a 0.60% MER, it provides diversified exposure through 10 holdings.
BILT is actively managed by iShares's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.60% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).