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Global X S&P 500 Risk Managed Income ETF
XRMI (Global X S&P 500 Risk Managed Income ETF) is an index International Dividend Equity ETF by Global X. With a 0.60% MER, it provides diversified exposure through 507 holdings. Monthly distribution with a 12.65% yield.
XRMI by Global X 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 pays a monthly distribution with a 12.65% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.