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Strategy Shares Newfound/ReSolve Robust Momentum ETF
ROMO (Strategy Shares Newfound/ReSolve Robust Momentum ETF) is a factor US Equity ETF by Strategy. With a 0.87% MER, it provides diversified exposure through 4 holdings. Annual distribution with a 8.93% yield.
ROMO by Strategy is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
Its 0.87% MER reflects the costs of a more specialized management approach. It pays a annual distribution with a 8.93% 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).