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Ninepoint Alternative Credit Opportunities Fund
NACO (Ninepoint Alternative Credit Opportunities Fund) is an index Canadian Equity ETF by Ninepoint. With a 0.90% MER, it provides diversified exposure.
NACO by Ninepoint is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.90% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.