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Pacer Industrials and Logistics ETF
SHPP (Pacer Industrials and Logistics ETF) is an index Industrials Equity ETF by Pacer. With a 0.60% MER, it provides diversified exposure through 103 holdings. Semi-annual distribution with a 1.52% yield.
SHPP by Pacer is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.60% 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).