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SP Funds S&P 500 Sharia Industry Exclusions ETF
SPUS (SP Funds S&P 500 Sharia Industry Exclusions ETF) is an index US Equity ETF by SP. With a 0.45% MER, it provides diversified exposure through 10 holdings. Monthly distribution with a 0.60% yield.
SPUS by SP is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.45% 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).