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Touchstone Securitized Income ETF
TSEC (Touchstone Securitized Income ETF) is an index Fixed Income ETF by Touchstone. With a 0.41% MER, it provides diversified exposure through 113 holdings. Monthly distribution with a 6.64% yield.
TSEC by Touchstone is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.41% MER, its fees are in line with category averages. It pays a monthly distribution with a 6.64% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.