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Even Herd Long Short ETF
EHLS (Even Herd Long Short ETF) is an active Alternative ETF by Even. With a 2.62% MER, it provides diversified exposure through 14 holdings.
EHLS is actively managed by Even's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 2.62% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).