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TD North American Dividend Fund
TDNA (TD North American Dividend Fund) is an active Canadian Dividend Equity ETF by TD. With a 0.80% MER, it provides diversified exposure. Quarterly distribution with a 0.10% yield.
TDNA is actively managed by TD's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.80% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.