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Middlefield Global Dividend Growers ETF
MDIV (Middlefield Global Dividend Growers ETF) is an active Canadian Dividend Equity ETF by Middlefield. With a 1.31% MER, it provides diversified exposure. Monthly distribution with a 3.49% yield.
MDIV is actively managed by Middlefield's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 1.31% MER reflects the costs of a more specialized management approach. It pays a monthly distribution with a 3.49% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.