But it’s probably the tax advantage that’s the biggest difference, because actively managed strategies tend not to be that tax-efficient, whereas an index fund, whether it’s open-end or ETF ...

Index funds track market indexes like the S&P 500 and offer various sector-focused options. Choosing the right index fund involves checking its tracking accuracy, costs, and investor limitations.

Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund ETF (TSX:BANK:CA) declares CAD 0.11/share monthly dividend. Payable Feb. 7; for shareholders of record Jan. 31; ex-div Jan. 31. See BANK:CA ...