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Global X Active Canadian Bond ETF
HAD (Global X Active Canadian Bond ETF) is an active Canadian Fixed Income ETF by Global X. With a 0.30% MER, it provides diversified exposure. Monthly distribution with a 3.68% yield.
HAD is actively managed by Global X's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.30% MER, its fees are in line with category averages. It pays a monthly distribution with a 3.68% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.