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Principal Investment Grade Corporate Active ETF
IG (Principal Investment Grade Corporate Active ETF) is an active Corporate Fixed Income ETF by Principal. With a 0.19% MER, it provides diversified exposure through 1 holdings. Monthly distribution with a 5.05% yield.
IG is actively managed by Principal's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.19% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 5.05% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.