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The Global X Laddered Cdn Pref. Share Corporate Class ETF (HLPR) is designed for investors seeking exposure to Canadian investment-grade preferred shares. With a low management expense ratio of 0.3%, HLPR focuses on a diversified portfolio comprising utilities, banks, and energy companies, providing a unique laddered maturity structure for rate resets. Unlike traditional ETFs, as a Corporate Class ETF, it does not distribute dividends, making it particularly tax efficient for investors holding it in non-registered accounts, as capital gains are realized upon sale. Experts recommend setting a stop-loss at $25, with an upside potential of over 17% to achieve a target price of $33, highlighting its attractiveness in the current investment landscape.
Global X Laddered Cdn Pref. Share Corporate Class ETF is a Canadian stock, trading under the symbol HLPR-T on the Toronto Stock Exchange (HLPR-CT). It is usually referred to as TSX:HLPR or HLPR-T
In the last year, there was no coverage of Global X Laddered Cdn Pref. Share Corporate Class ETF published on Stockchase.
Global X Laddered Cdn Pref. Share Corporate Class ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Global X Laddered Cdn Pref. Share Corporate Class ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Global X Laddered Cdn Pref. Share Corporate Class ETF published on Stockchase.
On 2025-04-16, Global X Laddered Cdn Pref. Share Corporate Class ETF (HLPR-T) stock closed at a price of $27.93.
HLPR is a low-MER (0.3%) ETF that holds Canadian investment grade preferred shares with a laddered maturity for rate resets. As a Corporate Class ETF, it does not pay any dividends or distributions, making it highly tax efficient for non-registered accounts -- when you sell you generate a capital gain. The underlying portfolio is a well diversified portfolio of utilities, banks, and energy companies. We recommend setting a stop-loss at $25, looking to achieve $33 -- upside potential over 17%. Yield 0%