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RiverNorth Patriot ETF
FLDZ (RiverNorth Patriot ETF) is an active US Equity ETF by RiverNorth. With a 0.70% MER, it provides diversified exposure through 3 holdings. Annual distribution with a 1.54% yield.
FLDZ is actively managed by RiverNorth's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.70% 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).