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Invesco BulletShares 2035 Municipal Bond ETF
BSMZ (Invesco BulletShares 2035 Municipal Bond ETF) is an index US Equity ETF by Invesco. With a 0.18% MER, it provides diversified exposure.
BSMZ by Invesco is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.18% MER makes it one of the most cost-effective options in its category. 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).