The Horizon Floating Rate Bond ETF (TSE:HFR) is a sophisticated financial instrument designed for investors seeking exposure to high-quality corporate bonds with the added advantage of floating interest rates. This Exchange Traded Fund (ETF) strategically positions itself within the corporate bond category, with a primary focus on investment-grade securities. As a broad-based fund, HFR offers diversification across a range of corporate bonds, ensuring a robust investment portfolio for its holders.
What sets HFR apart is its distinct niche in the short-term bond market. By investing in short-term floating rate bonds, the ETF provides a unique opportunity to mitigate interest rate risk, as floating rate securities adjust their coupon payments in line with prevailing interest rates. This makes it an attractive option for investors looking to shield their portfolios from interest rate volatility while maintaining exposure to high-quality corporate issuers.
HFR is meticulously crafted to deliver consistent income with reduced duration risk, making it an ideal choice for conservative investors who prioritize capital preservation and stable returns. As an investment-grade focused ETF, it ensures that investors are exposed to bonds with lower default risk, thereby enhancing the overall credit quality of the portfolio. With its strategic focus on short-term duration and floating rates, the Horizon Floating Rate Bond ETF is a compelling choice for those seeking a balance of security and income in a dynamic interest rate environment.
Horizon FltgRtBnd Un (HFR) Fund Flow Chart
Horizon FltgRtBnd Un (HFR) 1 year Net Flows: C$12M
HFR ETF FAQ
What was TSE:HFR’s price range in the past 12 months?
TSE:HFR lowest ETF price was C$9.87 and its highest was C$10.11 in the past 12 months.