Horizons Enhan. Incm. Fin. ETF

HEF-T

Analysis and Opinions about HEF-T

Signal
Opinion
Expert
COMMENT
COMMENT
June 29, 2017

It is one of what he calls the covered call ETFs. It holds mostly Canadian banks. They sell covered call companies so that if the stocks appreciate quite rapidly then they sell out the equities for much less than the market value. It is not the same as a dividend income play. These kinds of ETFs outperform in range bound or downturn markets.

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It is one of what he calls the covered call ETFs. It holds mostly Canadian banks. They sell covered call companies so that if the stocks appreciate quite rapidly then they sell out the equities for much less than the market value. It is not the same as a dividend income play. These kinds of ETFs outperform in range bound or downturn markets.

COMMENT
COMMENT
December 10, 2015

Current yield is about 8.5%. This owns a basket of financial stocks and is basically writing Covered Calls against them. If the prospectus says they are writing options against most of the portfolio, i.e., 80% or more, he would have a problem with it because if he is correct, you get capped on the upside. Markets have been relatively choppy, so you could have the financials go up and come back. You are capped on the upside, it’s dropped down, and they are writing Calls below the strike price, and this could create some losses in the portfolio. He would prefer BMO Covered Call Canadian Banks (ZWB-T).

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Current yield is about 8.5%. This owns a basket of financial stocks and is basically writing Covered Calls against them. If the prospectus says they are writing options against most of the portfolio, i.e., 80% or more, he would have a problem with it because if he is correct, you get capped on the upside. Markets have been relatively choppy, so you could have the financials go up and come back. You are capped on the upside, it’s dropped down, and they are writing Calls below the strike price, and this could create some losses in the portfolio. He would prefer BMO Covered Call Canadian Banks (ZWB-T).

DON'T BUY
DON'T BUY
December 9, 2015

BMO Covered Call Cdn Banks (ZWB-T) or Horizons Enhanced Income Financials (HEF-T)? It is probably time to move from a Covered Call scenario where they yield 7%. If we do have a rising rate environment again, it is going to be a bit more of a “south of the border” scenario. If it is a North American phenomenon and we don’t hit the wall that everybody has been waiting for, then just being Long the Canadian banks, without having covered calls is the way to go. Thinks the US banks have a lot of upside.

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BMO Covered Call Cdn Banks (ZWB-T) or Horizons Enhanced Income Financials (HEF-T)? It is probably time to move from a Covered Call scenario where they yield 7%. If we do have a rising rate environment again, it is going to be a bit more of a “south of the border” scenario. If it is a North American phenomenon and we don’t hit the wall that everybody has been waiting for, then just being Long the Canadian banks, without having covered calls is the way to go. Thinks the US banks have a lot of upside.

COMMENT
COMMENT
December 2, 2015

A covered call similar to BMO Covered Call Cdn Banks (ZWB-T) except that there is a mutual fund company in the asset mix.

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A covered call similar to BMO Covered Call Cdn Banks (ZWB-T) except that there is a mutual fund company in the asset mix.

TOP PICK
TOP PICK
October 21, 2015

This sells Calls against the total portfolio. They are doing between 40% and 70% on covered calls. It is a much better product than it used to be. Dividend yield and capital gain of about 7.3%.

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This sells Calls against the total portfolio. They are doing between 40% and 70% on covered calls. It is a much better product than it used to be. Dividend yield and capital gain of about 7.3%.

BUY
BUY
April 2, 2012
Horizons Enhanced Income Financials ETF (HEF-T) or BMO Covered Call Cdn Banks ETF (ZWB-T) for a long term investment? Likes them both about equally and they are similar. Enhanced Income Financials if you feel insurance will outperform banks otherwise Covered Call Cdn Banks.
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Horizons Enhanced Income Financials ETF (HEF-T) or BMO Covered Call Cdn Banks ETF (ZWB-T) for a long term investment? Likes them both about equally and they are similar. Enhanced Income Financials if you feel insurance will outperform banks otherwise Covered Call Cdn Banks.
WEAK BUY
WEAK BUY
March 26, 2012
Whole slue of products that combined equities with covered call writing. They hold 12 banks and insurance companies and write covered calls on more than half o the portfolio. Can generate pretty good income. When markets rally you are going to miss out on the upside.
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Whole slue of products that combined equities with covered call writing. They hold 12 banks and insurance companies and write covered calls on more than half o the portfolio. Can generate pretty good income. When markets rally you are going to miss out on the upside.
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Horizons Enhan. Incm. Fin. ETF(HEF-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Horizons Enhan. Incm. Fin. ETF is calculated according to the stock expert’s signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Horizons Enhan. Incm. Fin. ETF(HEF-T) Frequently Asked Questions

What is Horizons Enhan. Incm. Fin. ETF stock symbol?

Horizons Enhan. Incm. Fin. ETF is a Canadian stock, trading under the symbol HEF-T on the Toronto Stock Exchange (HEF-CT). It is usually referred to as TSX:HEF or HEF-T

Is Horizons Enhan. Incm. Fin. ETF a buy or a sell?

In the last 1 year, there was no coverage of Horizons Enhan. Incm. Fin. ETF published on Stockchase.

Is Horizons Enhan. Incm. Fin. ETF a good investment or a top pick?

Horizons Enhan. Incm. Fin. ETF was recommended as a Top Pick by Daniel Straus on 2017-06-29. Read the latest stock experts ratings for Horizons Enhan. Incm. Fin. ETF.

Why is Horizons Enhan. Incm. Fin. ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Horizons Enhan. Incm. Fin. ETF worth watching?

In the last 1 year, there was no coverage of Horizons Enhan. Incm. Fin. ETF published on Stockchase.

What is Horizons Enhan. Incm. Fin. ETF stock price?

On 2020-02-19, Horizons Enhan. Incm. Fin. ETF (HEF-T) stock closed at a price of $8.87.