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Simplify Piper Sandler US Small-Cap PLUS Income ETF
LITL (Simplify Piper Sandler US Small-Cap PLUS Income ETF) is an active US Dividend Equity ETF by Simplify. With a 0.91% MER, it provides diversified exposure through 10 holdings.
LITL is actively managed by Simplify's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.91% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.