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Global X Active Cdn Municipal Bond ETFHMP.TOPAST TOP PICKOct 16, 2026Stock price when the opinion was issued
As of Oct 16, 2026. Market Open.
Pretty sleepy, but good for balance in your portfolio. Via the ETF, they get a better price for bonds than an individual investor could. You get a bit more yield than government bonds, around 3%. A bit of credit risk, but your return is a bit higher. For the very conservative, income-seeking investor.
Fees are a bit higher, but he's OK with that because he's paying them to add value. Beat tracking index in 9 of last 10 years, despite the management fee. MER is 0.35%.
These hold very short duration bonds. It's been done, but he's still getting paid. He's sticking with it. It will recover when rates decline or stabilize.