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USCF Energy Commodity Strategy Absolute Return Fund
USE (USCF Energy Commodity Strategy Absolute Return Fund) is an active Alternative ETF by USCF. With a 0.79% MER, it provides diversified exposure through 1 holdings. Annual distribution with a 3.14% yield.
USE is actively managed by USCF's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.79% MER reflects the costs of a more specialized management approach. It pays a annual distribution with a 3.14% yield, making it attractive for income-seeking investors.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).