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Middlefield Real Estate Dividend ETF
MREL (Middlefield Real Estate Dividend ETF) is an active Real Estate Equity ETF by Middlefield. With a 0.99% MER, it provides diversified exposure. Monthly distribution with a 6.78% yield.
MREL is actively managed by Middlefield's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.99% MER reflects the costs of a more specialized management approach. It pays a monthly distribution with a 6.78% yield, making it attractive for income-seeking investors.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.