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AdvisorShares Psychedelics ETF
PSIL (AdvisorShares Psychedelics ETF) is an active US Equity ETF by AdvisorShares. With a 1.00% MER, it provides diversified exposure through 20 holdings. Semi-annual distribution with a 10.04% yield.
PSIL is actively managed by AdvisorShares's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 1.00% MER reflects the costs of a more specialized management approach. It pays a semi-annual distribution with a 10.04% yield, making it attractive for income-seeking investors.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).