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FlexShares International Quality Dividend Dynamic Index Fund
IQDY (FlexShares International Quality Dividend Dynamic Index Fund) is a factor International Dividend Equity ETF by FlexShares. With a 0.47% MER, it provides diversified exposure through 29 holdings. Quarterly distribution with a 2.93% yield.
IQDY by FlexShares is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.47% MER, its fees are in line with category averages. It pays a quarterly distribution with a 2.93% 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.