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IA Clarington Loomis Global Multisector Bond Fund
ILGB (IA Clarington Loomis Global Multisector Bond Fund) is an active Commodities ETF by IA. With a 0.70% MER, it provides diversified exposure. Monthly distribution with a 5.65% yield.
ILGB is actively managed by IA's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.70% MER, its fees are in line with category averages. It pays a monthly distribution with a 5.65% 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.