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Dynamic Active Preferred Shares ETF
DXP (Dynamic Active Preferred Shares ETF) is an active Canadian Equity ETF by Dynamic. With a 0.58% MER, it provides diversified exposure. Monthly distribution with a 4.46% yield.
DXP is actively managed by Dynamic's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.58% MER, its fees are in line with category averages. It pays a monthly distribution with a 4.46% 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.