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Global X NASDAQ 100 Risk Managed Income ETF
QRMI (Global X NASDAQ 100 Risk Managed Income ETF) is an index US Technology Equity ETF by Global X. With a 0.60% MER, it provides diversified exposure through 106 holdings. Monthly distribution with a 12.71% yield.
QRMI by Global X 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 monthly distribution with a 12.71% yield, making it attractive for income-seeking investors.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.