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RiverFront Strategic Income Fund
RIGS (RiverFront Strategic Income Fund) is an active Fixed Income ETF by RiverFront. With a 0.46% MER, it provides diversified exposure through 1 holdings. Monthly distribution with a 4.83% yield.
RIGS is actively managed by RiverFront's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.46% MER, its fees are in line with category averages. It pays a monthly distribution with a 4.83% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.