Horizons Active Preferred Share ETF Review (HPR) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 67/100
This equity ETF has an MER of 0.64%. With higher than average fees, it’s a premium option. Managing 431 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

HPR trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The Horizons Active Preferred Share (HPR) 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 Preferred Share ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.64%. This ETF trades on the TSX exchange.

HPR stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $431MM

Expense Ratio: 0.64%

Price: $8.25 (Updated: 3/7/2024)



Horizons Active Preferred Share (HPR) Top 10 Holdings

Company NameSymbolAssets %
Bank of Montreal Non Cum Pfd Registered Shs -B- Series -29-BMO2.60162
Enbridge Inc Cum Red Pref Registered Shs Series -3-ENB2.31337
Canadian Imperial Bank of Commerce Non Cum Red Pfd Registered Shs -A- SerieCM1.994
The Toronto-Dominion Bank Non Cum Pfd Registered Shs Series -3-TD1.95666
Pembina Pipeline Corp Cum Red Pfd Shs -A- Series -9PPL1.80924
Great-West Lifeco Inc 4.85 % Non Cum Pfd Registered Shs Series -H-GWO1.75386
The Toronto-Dominion Bank Non Cum Red Pfd Registered Shs -A- Series -7-TD1.75331
The Toronto-Dominion Bank Non Cum Pfd Registered Shs -A- Series -1-TD1.54535

Horizons Active Preferred Share (HPR) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00
Consumer Cyclicals00
Financial Services046.77626
Real Estate00
Communication Services013.67921
Energy013.95068
Industrials00
Technology00
Consumer Defensive00
Healthcare00
Utilities025.59385

Horizons Active Preferred Share (HPR) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00
Consumer Cyclicals00
Financial Services046.77626
Real Estate00
Communication Services013.67921
Energy013.95068
Industrials00
Technology00
Consumer Defensive00
Healthcare00
Utilities025.59385

Horizons Active Preferred Share (HPR) Geographic Breakdown

RegionEquity %Relative to Category
North America0100
United Kingdom00
Europe Developed00
Europe Emerging00
Africa/Middle East00
Japan00
Australasia00
Asia Developed00
Asia Emerging00
Latin America00

HPR Management Expense Ratio

HPR has a management expense ratio of  0.64% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  Horizons Active Preferred Share TSX ETF

You can buy  HPR 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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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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