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Mackenzie Global Dividend ETF
MGDV (Mackenzie Global Dividend ETF) is an active Canadian Dividend Equity ETF by Mackenzie. With a 0.80% MER, it provides diversified exposure. Semi-annual distribution with a 0.86% yield.
MGDV is actively managed by Mackenzie's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.80% 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.