Opinions Larry Berman CFA, CMT, CTA
Horizons CDN Select Universe Bond ETFHBB.TOCOMMENTJun 29, 2026
Larry Berman CFA, CMT, CTAUnknown
$50.97
Stock price when the opinion was issued
$50.86
As of Jul 06, 2026. Market Open.
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It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
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PAST TOP PICK
(A Top Pick Jan 09/23, Up 2%)
Safe vehicle that reduces risk in markets. Paired with ownership in equities - is a good option for portfolio diversification.
Mike PhilbrickOwned
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You have to do a breakeven analysis. The cost of this ETF and getting that tax efficiency is around 40 bps a year. If your total return in the ETF is (on an after-tax basis) better than 40 bps a year, then it makes more sense to use it (compared to one that doesn't give you that tax efficiency). It also depends on the tax bracket you're in.
Because this ETF is within Horizons corporate class, there are no distributions. This gives you better compounding, and your total return is by way of capital gains when you sell. Great for fixed income.