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Fidelity Global Income Portfolio
FMPI (Fidelity Global Income Portfolio) is an active Canadian Dividend Equity ETF by Fidelity. With a 0.70% MER, it provides diversified exposure. Monthly distribution with a 0.54% yield.
FMPI is actively managed by Fidelity'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.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.