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Mackenzie Canadian High Dividend Yield ETF
MHDC (Mackenzie Canadian High Dividend Yield ETF) is a factor Canadian Dividend Equity ETF by Mackenzie. With a 0.55% MER, it provides diversified exposure. Monthly distribution with a 1.20% yield.
MHDC by Mackenzie is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.55% MER, its fees are in line with category averages.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.