Horizons Active Cdn Bond ETF Comm (HAD.TO)

(A Top Pick Mar 12/19, Up 6%) A fairly actively managed bond ETF. Its cost is only slightly higher than a passive ETF. It tracked the Canadian bond index quite well he thought.

You need some bond exposure, but can this return above the 42-basis-point MER? Can you earn 10% above that to make a decent return?

All of them are thinly traded and which one is recommended. Which one you select depends on specific situations. When you trade them you should use market orders. HBF-T is their brand product, looking at high quality brand leaders – names you know. They tend to be good dividend payers. It is a pretty decent size. The other two are good quality companies also. Be careful of a small ETF that has only been out a couple of years.

Bonds are tough, but are the cushion of a balanced portfolio. This is actively managed and tracks the Canadian benchmark. It has neutral duration positioning which he likes.