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TCW Senior Loan ETF
SLNZ (TCW Senior Loan ETF) is an active Commodities ETF by TCW. With a 0.65% MER, it provides diversified exposure. Monthly distribution with a 7.58% yield.
SLNZ is actively managed by TCW's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.65% 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).