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Purpose Real Estate Income Fund
PHR (Purpose Real Estate Income Fund) is an active Real Estate Equity ETF by Purpose. With a 0.65% MER, it provides diversified exposure. Monthly distribution with a 4.17% yield.
PHR is actively managed by Purpose's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.65% MER, its fees are in line with category averages. It pays a monthly distribution with a 4.17% 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.