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He would rather have direct access to floating rates. In Canada there are very few original floating rate preferreds left. One of the highest quality is the Brookfield BAM Preferred B or Preferred K and generally they are in the market and trading 17, 18, so they are at a big discount to their par value of 25. As interest rates start to rise, there is a good likelihood that Brookfield might redeem these.

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Horizons Act Float Prefer ETF(HFP.A-T) Rating

Ranking : 1 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 Act Float Prefer ETF is calculated according to the stock experts' 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 Act Float Prefer ETF(HFP.A-T) Frequently Asked Questions

What is Horizons Act Float Prefer ETF stock symbol?

Horizons Act Float Prefer ETF is a OTC stock, trading under the symbol HFP.A-T on the (). It is usually referred to as or HFP.A-T

Is Horizons Act Float Prefer ETF a buy or a sell?

In the last year, there was no coverage of Horizons Act Float Prefer ETF published on Stockchase.

Is Horizons Act Float Prefer ETF a good investment or a top pick?

Horizons Act Float Prefer ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Horizons Act Float Prefer ETF.

Why is Horizons Act Float Prefer 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 Act Float Prefer ETF worth watching?

In the last year, there was no coverage of Horizons Act Float Prefer ETF published on Stockchase.

What is Horizons Act Float Prefer ETF stock price?

On , Horizons Act Float Prefer ETF (HFP.A-T) stock closed at a price of $.