Search for an ETF or holding
AltShares Event-Driven ETF
EVNT (AltShares Event-Driven ETF) is an active US Equity ETF by AltShares. With a 1.33% MER, it provides diversified exposure through 68 holdings. Annual distribution with a 0.41% yield.
EVNT is actively managed by AltShares's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 1.33% 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).