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PICTON Income Fund
PFIN (PICTON Income Fund) is an active Canadian Dividend Equity ETF by PICTON. With a 0.90% MER, it provides diversified exposure.
PFIN is actively managed by PICTON's investment team, which selects holdings with the goal of outperforming a benchmark index.
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.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.