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PIMCO Global Short Maturity Fund (Canada)
PMNT (PIMCO Global Short Maturity Fund (Canada)) is an index Global Equity ETF by PIMCO. With a 0.35% MER, it provides diversified exposure. Monthly distribution with a 4.46% yield.
PMNT by PIMCO is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.35% MER, its fees are in line with category averages. It pays a monthly distribution with a 4.46% yield, making it attractive for income-seeking investors.
It is a popular choice as a core holding in long-term portfolios, whether in a TFSA, RRSP, or FHSA.