Franklin Bissett Ultra Short Term Bond Fund ETF Review (FHIS) 2024
Wealth Awesome Rating: 82/100
This fixed income ETF has an MER of 0.18%. With lower than average fees, it’s a cost-effective option. Managing 129 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.
FHIS trades on the TSX exchange.
Looking to invest in fixed income? Consider an fixed income ETF as an easy way to get access. The Franklin Bissett Ultra Short Term Bond Fund (FHIS) 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 Franklin Bissett Ultra Short Term Bond Fund ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.18%. This ETF trades on the TSX exchange.FHIS stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $129MM
Expense Ratio: 0.18%
Price: $20.57 (Updated: 3/7/2024)
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Franklin Bissett Ultra Short Term Bond Fund (FHIS) Sector Breakdown
Sector | Equity % | Relative to Category |
---|---|---|
Basic Materials | 0 | 0 |
Consumer Cyclicals | 0 | 0 |
Financial Services | 0 | 0 |
Real Estate | 0 | 0 |
Communication Services | 0 | 0 |
Energy | 0 | 0 |
Industrials | 0 | 0 |
Technology | 0 | 0 |
Consumer Defensive | 0 | 0 |
Healthcare | 0 | 0 |
Utilities | 0 | 0 |
Franklin Bissett Ultra Short Term Bond Fund (FHIS) Sector Breakdown
Sector | Equity % | Relative to Category |
---|---|---|
Basic Materials | 0 | 0 |
Consumer Cyclicals | 0 | 0 |
Financial Services | 0 | 0 |
Real Estate | 0 | 0 |
Communication Services | 0 | 0 |
Energy | 0 | 0 |
Industrials | 0 | 0 |
Technology | 0 | 0 |
Consumer Defensive | 0 | 0 |
Healthcare | 0 | 0 |
Utilities | 0 | 0 |
Franklin Bissett Ultra Short Term Bond Fund (FHIS) Geographic Breakdown
Region | Equity % | Relative to Category |
---|---|---|
North America | 0 | 0 |
United Kingdom | 0 | 0 |
Europe Developed | 0 | 0 |
Europe Emerging | 0 | 0 |
Africa/Middle East | 0 | 0 |
Japan | 0 | 0 |
Australasia | 0 | 0 |
Asia Developed | 0 | 0 |
Asia Emerging | 0 | 0 |
Latin America | 0 | 0 |
FHIS Management Expense Ratio
FHIS has a management expense ratio of 0.18% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.FHIS Comparisons
- Franklin Bissett Ultra Short Term Bond Fund (FHIS) vs Purpose High Interest Savings (PSA)
- Purpose High Interest Savings is better performing (0.86% YTD vs 0.77%). PSA is less expensive (0.12% vs 0.18% MER).
- Horizons High Interest Savings ETF is better performing (0.86% YTD vs 0.77%). CASH is less expensive (0.11% vs 0.18% MER).
- iShares Premium Money Market ETF is better performing (0.91% YTD vs 0.77%). CMR is less expensive (0.14% vs 0.18% MER).
- BMO Ultra Short-Term Bond Fund is better performing (0.95% YTD vs 0.77%). ZST is less expensive (0.17% vs 0.18% MER).
- CI High Interest Savings ETF is better performing (0.86% YTD vs 0.77%). CSAV is less expensive (0.16% vs 0.18% MER).
High Interest Savings ETF Comparisons
ETF | Inception | MER | AUM | 1Y | 3Y | 5Y | 10Y |
---|---|---|---|---|---|---|---|
PSA | 2013-10-15 | 0.12%% | $260.0 | 5.19% | 2.93% | 2.32% | 1.79% |
CASH | 2021-11-01 | 0.11%% | $4,750.0 | 5.16% | 0.00% | 0.00% | 0.00% |
CMR | 2018-02-18 | 0.14%% | $793.0 | 4.92% | 2.44% | 1.81% | 1.28% |
ZST | 2011-01-27 | 0.17%% | $1,200.0 | 5.37% | 2.56% | 2.26% | 1.90% |
CSAV | 2019-06-19 | 0.16%% | $8,100.0 | 5.07% | 2.87% | 0.00% | 0.00% |
FHIS | 2011-09-11 | 0.18%% | $129.0 | 5.51% | 0.00% | 0.00% | 0.00% |
How to Buy Franklin Bissett Ultra Short Term Bond Fund TSX ETF
You can buy FHIS 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 |
---|---|---|---|
Editor's Choice |
| Get $25 Signup Bonus | |
Reliable Pick |
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