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Fidelity Alternative Bond Fund
FFAB (Fidelity Alternative Bond Fund) is an active Canadian Equity ETF by Fidelity. With a 0.75% MER, it provides diversified exposure.
FFAB is actively managed by Fidelity's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.75% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.