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TrueShares Active Yield ETF
ERNZ (TrueShares Active Yield ETF) is an active US Dividend Equity ETF by TrueShares. With a 3.25% MER, it provides diversified exposure through 3 holdings. Monthly distribution with a 8.71% yield.
ERNZ is actively managed by TrueShares's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 3.25% MER reflects the costs of a more specialized management approach. It pays a monthly distribution with a 8.71% 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.