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First Trust Dow Jones Global Select Dividend Index Fund
FGD (First Trust Dow Jones Global Select Dividend Index Fund) is an active International Dividend Equity ETF by First. With a 0.55% MER, it provides diversified exposure through 24 holdings. Quarterly distribution with a 5.37% yield.
FGD is actively managed by First's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.55% MER, its fees are in line with category averages. It pays a quarterly distribution with a 5.37% 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.