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Quadravest Preferred Split Share ETF
PREF (Quadravest Preferred Split Share ETF) is an index Canadian Equity ETF by Quadravest. With a 0.50% MER, it provides diversified exposure. Monthly distribution with a 6.70% yield.
PREF by Quadravest is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.50% MER, its fees are in line with category averages. It pays a monthly distribution with a 6.70% 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.