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BMO Long Short US Equity ETF
ZLSU (BMO Long Short US Equity ETF) is an active Alternative ETF by BMO. With a 0.65% MER, it provides diversified exposure. Quarterly distribution with a 0.87% yield.
ZLSU is actively managed by BMO's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.65% 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.