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iShares Canadian Financial Monthly Income ETF - FIE

ETF Overview

The fund seeks to maximize total return for investors, consisting of distributions and capital appreciation and to provide investors with a stable stream of monthly cash distributions of $0.05 per unit.

Currently the fund is paying monthly cash distributions of $0.04 per unit.

The fund’s net assets, together with borrowings under its loan facility, are invested in a diversified portfolio consisting primarily of common shares, preferred shares, corporate bonds and income trust units of issuers in the Canadian financial sector.

This fund is one of the few iShares Canada ETFs that have an active mandate (), not passive ().

Key ETF Data

Fundamentals
Category (main) Canadian Multi-Asset Income: Financials
Underlying Index No Index
ETF Structure Active management. No index
Asset Class Multi-Asset - Financials
Region Canada
Issuer iShares Canada by Blackrock
ETF Home Page Available here
Fund Facts
Inception Date 16 Apr 2010
Total Holdings 27
Distribution Frequency Monthly
Leverage Maybe *
Significant Currency Exposure No
Currency Hedging Not applicable

* Fund has a loan facility

Fees
Management Fee 0.65%
Management Expense Ratio (MER) 0.85%
Trading Information
Ticker FIE
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
Eligibility * RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available ** Yes
PACC Plan available ** Yes
SWP available ** Yes

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar