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iShares S&P/TSX Global Base Metals Index ETF
XBM (iShares S&P/TSX Global Base Metals Index ETF) is an index Commodities ETF by iShares. With a 0.61% MER, it provides diversified exposure. Semi-annual distribution with a 0.73% yield.
XBM by iShares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.61% 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.