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Monarch Dividend Plus ETF
MDPL (Monarch Dividend Plus ETF) is an active US Dividend Equity ETF by Monarch. With a 1.24% MER, it provides diversified exposure through 25 holdings. Quarterly distribution with a 1.41% yield.
MDPL is actively managed by Monarch's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 1.24% MER reflects the costs of a more specialized management approach.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.