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Harbor Scientific Alpha High-Yield ETF
SIHY (Harbor Scientific Alpha High-Yield ETF) is an index Commodities ETF by Harbor. With a 0.48% MER, it provides diversified exposure through 288 holdings. Monthly distribution with a 7.58% yield.
SIHY by Harbor is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.48% MER, its fees are in line with category averages. It pays a monthly distribution with a 7.58% 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).