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Principal Value ETF
PY (Principal Value ETF) is a factor US Equity ETF by Principal. With a 0.15% MER, it provides diversified exposure through 91 holdings. Quarterly distribution with a 2.17% yield.
PY by Principal is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
Its 0.15% MER makes it one of the most cost-effective options in its category. It pays a quarterly distribution with a 2.17% 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).