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Gabelli Love Our Planet & People ETF
LOPP (Gabelli Love Our Planet & People ETF) is an active US Equity ETF by Gabelli. With a 0.90% MER, it provides diversified exposure through 27 holdings. Annual distribution with a 0.73% yield.
LOPP is actively managed by Gabelli's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.90% MER reflects the costs of a more specialized management approach.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).