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Guardian Ultra-Short Canadian T-Bill Fund
GCTB (Guardian Ultra-Short Canadian T-Bill Fund) is an index Canadian Equity ETF by Guardian. With a 0.12% MER, it provides diversified exposure. Monthly distribution with a 2.35% yield.
GCTB by Guardian is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.12% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 2.35% yield, making it attractive for income-seeking investors.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.