Stockchase Opinions

The Panic-Proof Portfolio (Stockchase Research) Global X Laddered Cdn Pref. Share Corporate Class ETF HLPR-T TOP PICK Apr 08, 2025

Stockchase Research Editor: Michael O'Reilly

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%     

$27.910

Stock price when the opinion was issued

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