Invesco Long Term Government Bond Index ETF Review (PGL) 2024
Wealth Awesome Rating: 79/100
This fixed income ETF has an MER of 0.28%. With lower than average fees, it’s a cost-effective option. Managing 396 million in assets, it’s less popular among investors. Suitable for those preferring stability with a low to medium risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
PGL trades on the TSX exchange.
Looking to invest in fixed income? Consider an fixed income ETF as an easy way to get access. The Invesco Long Term Government Bond Index (PGL) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the Invesco Long Term Government Bond Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.28%. This ETF trades on the TSX exchange.PGL stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $396MM
Expense Ratio: 0.28%
Price: $0.41 (Updated: 3/7/2024)
The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the FTSE TMX Canada Ultra Liquid Long Term Government Bond Index, or any successor thereto. This ETF invests primarily in Canadian government bonds.
PGL Management Expense Ratio
PGL has a management expense ratio of 0.28% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy Invesco Long Term Government Bond Index TSX ETF
You can buy PGL on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
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