Stock Quote Today & Recent News Horizons Active Cdn Municipal Bond ETF T.HMP

The investment objective of Horizons HMP is to seek to provide unitholders with a high level of income by investing primarily in a portfolio of Canadian municipal bonds denominated in Canadian dollars. The Sub-Advisor uses in-depth credit analysis and other fundamental research to select debt securities for Horizons HMP¿s investment portfolio. Horizons HMP primarily invests in a portfolio of Canadian municipal bonds denominated in Canadian dollars and Horizons HMP is substantially invested under normal conditions. ridges, highways, airports or schools. The proportion of municipal bonds issued by unrated issuers in Horizons HMP¿s portfolio will not exceed 80% of the net assets of Horizons HMP. The Sub-Advisor seeks diversification by issuer, and some diversification by geographic region, but the portfolio will generally be weighted more heavily towards Québec municipal bonds due to the predominance of Québec based issuers in the Canadian municipal bond market.