As an income investor I prefer investments that pay monthly distributions. For those that like exchange traded funds that trade on the TSX I suggest iShares.
Cash distributions for the eleven iShares funds listed on the Toronto Stock Exchange which pay on a monthly basis. Unitholders of record on the second to last business day of the month will receive cash distributions payable on last business day of the month. Details of the “per unit” distribution amounts are as follows: 

Fund Name Fund Ticker Cash Distribution per unit ($)
iShares DEX Universe Bond Index Fund XBB 0.09828
iShares DEX All Corporate Bond Index Fund XCB 0.08879
iShares Dow Jones Canada Select Dividend Index Fund XDV 0.09638
iShares S&P/TSX Capped Financials Index Fund XFN 0.07515
iShares DEX All Government Bond Index Fund XGB 0.06154
iShares U.S. High Yield Bond Index Fund (CAD-Hedged) XHY 0.13200
iShares U.S. IG Corporate Bond Index Fund XIG 0.07016
iShares DEX Long Term Bond Index Fund XLB 0.07347
iShares S&P/TSX Capped REIT Index Fund XRE 0.05900
iShares DEX Short Term Bond Index Fund XSB 0.08410
iShares S&P/TSX Income Trust Index Fund XTR 0.06625
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