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 |
