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PLUS Korea Defense Industry Index ETF
KDEF (PLUS Korea Defense Industry Index ETF) is an index Industrials Equity ETF by PLUS. With a 0.65% MER, it provides diversified exposure through 23 holdings.
KDEF by PLUS is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.65% MER, its fees are in line with category averages.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).