Top Stories· August 18, 2026 at 10:06 a.m.
Canadian Dividend ETF Offers Balanced High Yield and Controlled Risk
Key takeaways
- A new Canadian dividend ETF has been launched
- The fund aims to provide high yield and manage risk
- The fund tracks the S&P/TSX Composite High Dividend Yield Index
- The fund's expected yield is around 4.3%
- Investors should consult with a financial advisor before investing
A new Canadian dividend exchange-traded fund (ETF) has been launched, aiming to provide investors with a high yield while managing risk. The fund, named the BMO Canadian Dividend Income Index ETF, is designed to track the performance of the S&P/TSX Composite High Dividend Yield Index. This index includes the top 50 Canadian stocks with the highest dividend yields.