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Invesco DB Precious Metals Fund
DBP (Invesco DB Precious Metals Fund) is an active Precious Metals ETF by Invesco. With a 0.75% MER, it provides diversified exposure through 2 holdings. Annual distribution with a 1.99% yield.
DBP is actively managed by Invesco's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.75% MER, its fees are in line with category averages.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).