The Canadian Financial Monthly Income ETF seeks to maximize total return to its Unitholders and to provide its Unitholders with a stable stream of monthly cash distribution of $0.04 per Unit. FIE's net assets, together with borrowings under its loan facility, are invested in a diversified and actively managed investment portfolio consisting primarily of common shares, preferred shares, corporate bonds and income trust units of issuers in the Canadian financial sector.
Investment type: ETF (Exchange-Traded Fund); listed on the Canadian TSX exchange
Ticker symbol: FIE
Disclaimers:
Information on this website should not be considered to be investment advice. Any ETF can go DOWN as well as up.
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