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Fidelity MSCI Consumer Staples Index ETF
FSTA (Fidelity MSCI Consumer Staples Index ETF) is an index Consumer Equity ETF by Fidelity. With a 0.08% MER, it provides diversified exposure through 91 holdings. Quarterly distribution with a 2.22% yield.
FSTA by Fidelity is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.08% MER makes it one of the most cost-effective options in its category. It pays a quarterly distribution with a 2.22% yield, making it attractive for income-seeking investors.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).