Horizons Active Floating Rate Bond ETF Review (HFR) 2024
Wealth Awesome Rating: 73/100
This fixed income ETF has an MER of 0.46%. With higher than average fees, it’s a premium option. Managing 430 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.
HFR trades on the TSX exchange.
Looking to invest in fixed income? Consider an fixed income ETF as an easy way to get access. The Horizons Active Floating Rate Bond (HFR) 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 Horizons Active Floating Rate Bond ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.46%. This ETF trades on the TSX exchange.HFR stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $430MM
Expense Ratio: 0.46%
Price: $9.90 (Updated: 3/7/2024)
Horizons Active Floating Rate Bond (HFR) 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 |
Horizons Active Floating Rate Bond (HFR) 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 |
Horizons Active Floating Rate Bond (HFR) 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 |
HFR Management Expense Ratio
HFR has a management expense ratio of 0.46% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy Horizons Active Floating Rate Bond TSX ETF
You can buy HFR 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  |
| Get $50 Free Stock Trades |