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Global X 1-3 Month T-Bill ETF
CLIP (Global X 1-3 Month T-Bill ETF) is an index Global Equity ETF by Global X. With a 0.07% MER, it provides diversified exposure through 23 holdings. Monthly distribution with a 4.03% yield.
CLIP by Global X is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.07% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 4.03% yield, making it attractive for income-seeking investors.
It is a popular choice as a core holding in long-term portfolios, whether in a TFSA, RRSP, or FHSA.