Mike Philbrick
Horizons US 7 10 Year Treasury Bond ETF
HTB-T
TOP PICK
Mar 25, 2020
It is not too late to still get some of this return -- it is up almost 25% this year. Government bonds are a great thing to own. You can buy in either US or CAD dollar denominations.
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%