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Purpose Diversified Real Asset Fund
PRA (Purpose Diversified Real Asset Fund) is an index Canadian Equity ETF by Purpose. With a 0.60% MER, it provides diversified exposure. Quarterly distribution with a 2.11% yield.
PRA by Purpose is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.60% MER, its fees are in line with category averages. It pays a quarterly distribution with a 2.11% 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.