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ALPS Active Equity Opportunity ETF
RFFC (ALPS Active Equity Opportunity ETF) is an active US Equity ETF by ALPS. With a 0.48% MER, it provides diversified exposure through 169 holdings. Quarterly distribution with a 0.81% yield.
RFFC is actively managed by ALPS's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.48% 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).