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First Trust Switzerland AlphaDEX Fund
FSZ (First Trust Switzerland AlphaDEX Fund) is an active US Equity ETF by First. With a 0.80% MER, it provides diversified exposure through 1 holdings. Semi-annual distribution with a 2.45% yield.
FSZ is actively managed by First's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.80% MER reflects the costs of a more specialized management approach. It pays a semi-annual distribution with a 2.45% 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).