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Innovator Premium Income 15 Buffer ETF - January
LJAN (Innovator Premium Income 15 Buffer ETF - January) is an active Commodities ETF by Innovator. With a 0.79% MER, it provides diversified exposure. Monthly distribution with a 5.10% yield.
LJAN is actively managed by Innovator's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.79% MER reflects the costs of a more specialized management approach. It pays a monthly distribution with a 5.10% 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).