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Rayliant SMDAM Japan Equity ETF
RAYJ (Rayliant SMDAM Japan Equity ETF) is an active International Equity ETF by Rayliant. With a 0.72% MER, it provides diversified exposure through 71 holdings.
RAYJ is actively managed by Rayliant's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.72% MER, its fees are in line with category averages.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).