Canada’s floating-rate-loan ETFs - Investment Executive
Investment Executive reviews Canada-listed floating-rate loan ETFs, citing yields of about 5–7% over the past year and low duration risk. It highlights the Mackenzie Floating Rate Income ETF (annualized yield 6.3%, duration 0.18 years, one-year return 3% to May 31) and CI’s ETF (yield 5.9%, one-year return 5.1%, three-year annualized 7.3%). It also covers First Trust, IA Clarington, and BMO’s synthetic swap-based approach (MER 0.44%, 10-year annualized 5.8%).

