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Franklin Bissett Ultra Short Term Bond Fund ETF Review (FHIS) 2024

 
Last Updated: 3/7/2024

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

SectorEquity %Relative to Category
Basic Materials00
Consumer Cyclicals00
Financial Services00
Real Estate00
Communication Services00
Energy00
Industrials00
Technology00
Consumer Defensive00
Healthcare00
Utilities00

Franklin Bissett Ultra Short Term Bond Fund (FHIS) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00
Consumer Cyclicals00
Financial Services00
Real Estate00
Communication Services00
Energy00
Industrials00
Technology00
Consumer Defensive00
Healthcare00
Utilities00

Franklin Bissett Ultra Short Term Bond Fund (FHIS) Geographic Breakdown

RegionEquity %Relative to Category
North America00
United Kingdom00
Europe Developed00
Europe Emerging00
Africa/Middle East00
Japan00
Australasia00
Asia Developed00
Asia Emerging00
Latin America00

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).
    Franklin Bissett Ultra Short Term Bond Fund (FHIS) vs Horizons High Interest Savings ETF (CASH)
    • Horizons High Interest Savings ETF is better performing (0.86% YTD vs 0.77%). CASH is less expensive (0.11% vs 0.18% MER).
    Franklin Bissett Ultra Short Term Bond Fund (FHIS) vs iShares Premium Money Market ETF (CMR)
    • iShares Premium Money Market ETF is better performing (0.91% YTD vs 0.77%). CMR is less expensive (0.14% vs 0.18% MER).
    Franklin Bissett Ultra Short Term Bond Fund (FHIS) vs BMO Ultra Short-Term Bond Fund (ZST)
    • 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).
    Franklin Bissett Ultra Short Term Bond Fund (FHIS) vs CI High Interest Savings ETF (CSAV)
    • 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:  
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