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Ninepoint Target Income Fund
TIF (Ninepoint Target Income Fund) is an index Canadian Dividend Equity ETF by Ninepoint. With a 0.60% MER, it provides diversified exposure.
TIF by Ninepoint is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.60% MER, its fees are in line with category averages. 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.