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Manulife Smart U.S. Defensive Equity ETF
UDEF (Manulife Smart U.S. Defensive Equity ETF) is an index US Equity ETF by Manulife. With a 0.33% MER, it provides diversified exposure. Monthly distribution with a 1.07% yield.
UDEF by Manulife is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.33% MER, its fees are in line with category averages.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.