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Fidelity Yield Enhanced Equity ETF
FYEE (Fidelity Yield Enhanced Equity ETF) is an index US Dividend Equity ETF by Fidelity. With a 0.00% MER, it provides diversified exposure through 160 holdings. Quarterly distribution with a 8.32% yield.
FYEE 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 0.00% MER makes it one of the most cost-effective options in its category. It pays a quarterly distribution with a 8.32% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.