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Putnam Emerging Markets Ex-China ETF
PEMX (Putnam Emerging Markets Ex-China ETF) is an active Emerging Markets Equity ETF by Putnam. With a 0.69% MER, it provides diversified exposure through 10 holdings. Annual distribution with a 1.34% yield.
PEMX is actively managed by Putnam's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.69% 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).