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American Century Multisector Floating Income ETF
FUSI (American Century Multisector Floating Income ETF) is an index Commodities ETF by American. With a 0.27% MER, it provides diversified exposure through 1,466 holdings. Monthly distribution with a 5.40% yield.
FUSI by American is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.27% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 5.40% 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).