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NYLI CBRE Real Assets ETF
IQRA (NYLI CBRE Real Assets ETF) is an active US Equity ETF by NYLI. With a 0.65% MER, it provides diversified exposure through 47 holdings. Quarterly distribution with a 2.54% yield.
IQRA is actively managed by NYLI's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.65% MER, its fees are in line with category averages. It pays a quarterly distribution with a 2.54% yield, making it attractive for income-seeking investors.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).