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FT Vest Growth Strength & Target Income ETF
FGSI (FT Vest Growth Strength & Target Income ETF) is an active US Dividend Equity ETF by FT. With a 0.85% MER, it provides diversified exposure through 50 holdings.
FGSI is actively managed by FT's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.85% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.