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ProShares MSCI EAFE Dividend Growers ETF
EFAD (ProShares MSCI EAFE Dividend Growers ETF) is an index US Dividend Equity ETF by ProShares. With a 0.50% MER, it provides diversified exposure through 2 holdings. Quarterly distribution with a 2.97% yield.
EFAD by ProShares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.50% MER, its fees are in line with category averages. It pays a quarterly distribution with a 2.97% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.