Calymore Canadian Financial Monthly Income ETF is a basket of Canadian Financial companies in one ETF. It pays $0.04 per month as dividend. The ETF last paid on December 23, 2011 for $0.04 every share you own.
52 week trading in the range of $5.86 - $7.34. I am comparing this to TD Monthly Income fund that also pay monthly income. For 1 year performance, TD Monthly income fund outperform the ETF over 10%. (TD gain 0.79% while FIE lost 9.82%).
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