Mike Philbrick
Horizons US 7 10 Year Treasury Bond ETF
HTB-T
PAST TOP PICK
Oct 29, 2019
(A Top Pick Nov 23/18, Up 11%) Most people are underexposed to high-quality bonds, namely US Treasuries. Portfolios should hold bonds now for safety and balance.
HTB is a low-MER ETF that trades in Canadian dollars which holds US treasury bills with a 7-10 year maturity -- a safe haven for parking cash. As a Corporate Class ETF, it does not pay any interest or distributions, making it highly tax efficient for non-registered accounts -- when you sell you generate a capital gain. The underlying portfolio has a current average yield to maturity of 4.1%. Yield 0%