The Horizons Actively Managed Canadian Municipal Bond ETF (TSE:HMP) is a unique investment vehicle designed for those seeking exposure to the robust and often underexplored realm of Canadian municipal bonds. This ETF stands out in the category of Government, Local Authority/Municipal bonds and is distinctly focused on Broad Credit within a Broad Maturities spectrum. By investing in this fund, investors gain access to a diversified portfolio of bonds issued by municipalities across Canada, which are instrumental in funding local infrastructure and development projects.
Horizons ActCdnMunBd E provides an opportunity to invest in high-quality municipal debt securities that are often characterized by their creditworthiness and potential for steady income. Managed by a team of seasoned professionals, the ETF actively navigates the complexities of the municipal bond market to optimize returns while managing risk. This active management approach allows for strategic allocation adjustments in response to changing economic conditions, interest rates, and fiscal policies, aiming to enhance yield opportunities for investors.
The ETF’s focus on broad maturities ensures a balanced exposure across short, medium, and long-term municipal bonds, providing investors with a comprehensive blend of duration and yield potentials. This strategic diversification not only helps in mitigating interest rate risks but also aligns with varying investment goals and time horizons.
In summary, TSE:HMP is an ideal choice for investors seeking a strategic entry into the Canadian municipal bond market, offering a compelling mix of stability, income potential, and professional management — all encapsulated within an actively managed ETF framework.
Horizn ActCdnMunBd E (HMP) Fund Flow Chart
Horizn ActCdnMunBd E (HMP) 1 year Net Flows: -C$3M
HMP ETF FAQ
What was TSE:HMP’s price range in the past 12 months?
TSE:HMP lowest ETF price was C$9.25 and its highest was C$9.80 in the past 12 months.