Global X Active Cdn Municipal Bond ETF (HMP.TO)

The Global X Active Cdn Municipal Bond ETF (HMP-T) is regarded as a stable choice, particularly for conservative, income-seeking investors looking to balance their portfolios with bonds. This ETF offers access to a selection of bonds at better prices than what individual investors would typically achieve on their own, providing a yield that hovers around 3%. While there is some credit risk associated with this investment, its cultivated yield exceeds that of government bonds. Although the fees are slightly elevated, many investors find the value added justifies the management expense ratio (MER) of 0.35%. Notably, this ETF has outperformed its tracking index in nine out of the last ten years, showcasing its ability to deliver returns despite its management fees.