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Global X U.S. Infrastructure Development ETF
PAVE (Global X U.S. Infrastructure Development ETF) is an index Global Equity ETF by Global X. With a 0.47% MER, it provides diversified exposure through 9 holdings. Semi-annual distribution with a 0.80% yield.
PAVE by Global X is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.47% MER, its fees are in line with category averages.
It is a popular choice as a core holding in long-term portfolios, whether in a TFSA, RRSP, or FHSA.