Horizons Active Preferred Share ETF Review (HPR) 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 Name | Symbol | Assets % |
|---|---|---|
| Bank of Montreal Non Cum Pfd Registered Shs -B- Series -29- | BMO | 2.60162 |
| Enbridge Inc Cum Red Pref Registered Shs Series -3- | ENB | 2.31337 |
| Canadian Imperial Bank of Commerce Non Cum Red Pfd Registered Shs -A- Serie | CM | 1.994 |
| The Toronto-Dominion Bank Non Cum Pfd Registered Shs Series -3- | TD | 1.95666 |
| Pembina Pipeline Corp Cum Red Pfd Shs -A- Series -9 | PPL | 1.80924 |
| Great-West Lifeco Inc 4.85 % Non Cum Pfd Registered Shs Series -H- | GWO | 1.75386 |
| The Toronto-Dominion Bank Non Cum Red Pfd Registered Shs -A- Series -7- | TD | 1.75331 |
| The Toronto-Dominion Bank Non Cum Pfd Registered Shs -A- Series -1- | TD | 1.54535 |
Horizons Active Preferred Share (HPR) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 0 |
| Consumer Cyclicals | 0 | 0 |
| Financial Services | 0 | 46.77626 |
| Real Estate | 0 | 0 |
| Communication Services | 0 | 13.67921 |
| Energy | 0 | 13.95068 |
| Industrials | 0 | 0 |
| Technology | 0 | 0 |
| Consumer Defensive | 0 | 0 |
| Healthcare | 0 | 0 |
| Utilities | 0 | 25.59385 |
Horizons Active Preferred Share (HPR) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 0 |
| Consumer Cyclicals | 0 | 0 |
| Financial Services | 0 | 46.77626 |
| Real Estate | 0 | 0 |
| Communication Services | 0 | 13.67921 |
| Energy | 0 | 13.95068 |
| Industrials | 0 | 0 |
| Technology | 0 | 0 |
| Consumer Defensive | 0 | 0 |
| Healthcare | 0 | 0 |
| Utilities | 0 | 25.59385 |
Horizons Active Preferred Share (HPR) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 0 | 100 |
| 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 |
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:| Image | Product Title | Features | Price |
|---|---|---|---|
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