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CI Alternative Diversified Opportunities Fund
CMDO (CI Alternative Diversified Opportunities Fund) is an active Canadian Equity ETF by CI. With a 0.80% MER, it provides diversified exposure. Monthly distribution with a 3.82% yield.
CMDO is actively managed by CI's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.80% MER reflects the costs of a more specialized management approach. It pays a monthly distribution with a 3.82% yield, making it attractive for income-seeking investors.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.