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ETC 6 Meridian Mega Cap Equity ETF
SIXA (ETC 6 Meridian Mega Cap Equity ETF) is an index US Equity ETF by ETC. With a 0.46% MER, it provides diversified exposure through 36 holdings. Monthly distribution with a 2.00% yield.
SIXA by ETC is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.46% 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).