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ETC 6 Meridian Hedged Equity-Index Option Strategy ETF
SIXH (ETC 6 Meridian Hedged Equity-Index Option Strategy ETF) is an index US Equity ETF by ETC. With a 0.73% MER, it provides diversified exposure through 218 holdings. Monthly distribution with a 2.07% yield.
SIXH 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 0.73% MER, its fees are in line with category averages. It pays a monthly distribution with a 2.07% 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).