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Sprott Active Metals & Miners ETF
METL (Sprott Active Metals & Miners ETF) is an active Commodities ETF by Sprott. With a 0.89% MER, it provides diversified exposure through 10 holdings.
METL is actively managed by Sprott's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.89% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).