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Manulife Canadian Equity Class
MCAN (Manulife Canadian Equity Class) is an active Canadian Equity ETF by Manulife. With a 0.68% MER, it provides diversified exposure. Annual distribution with a 2.16% yield.
MCAN is actively managed by Manulife's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.68% MER, its fees are in line with category averages. It pays a annual distribution with a 2.16% yield, making it attractive for income-seeking investors.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.