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SEI Enhanced US Large Cap Momentum Factor ETF
SEIM (SEI Enhanced US Large Cap Momentum Factor ETF) is a factor Commodities ETF by SEI. With a 0.15% MER, it provides diversified exposure through 64 holdings. Quarterly distribution with a 0.54% yield.
SEIM by SEI is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
Its 0.15% MER makes it one of the most cost-effective options in its category.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).