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iShares Breakthrough Environmental Solutions ETF
ETEC (iShares Breakthrough Environmental Solutions ETF) is an index US Equity ETF by iShares. With a 0.47% MER, it provides diversified exposure through 10 holdings. Semi-annual distribution with a 0.30% yield.
ETEC by iShares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.47% MER, its fees are in line with category averages. 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).