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Federated Hermes MDT Large Cap Value ETF
FLCV (Federated Hermes MDT Large Cap Value ETF) is a factor US Equity ETF by Federated. With a 0.32% MER, it provides diversified exposure through 451 holdings.
FLCV by Federated is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.32% MER, its fees are in line with category averages.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).