Search for an ETF or holding
American Beacon GLG Natural Resources ETF
MGNR (American Beacon GLG Natural Resources ETF) is an active US Equity ETF by American. With a 0.75% MER, it provides diversified exposure through 39 holdings. Quarterly distribution with a 0.95% yield.
MGNR is actively managed by American's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.75% MER, its fees are in line with category averages.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).