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Horizon Expedition Plus ETF
HBTA (Horizon Expedition Plus ETF) is an active US Equity ETF by Horizon. With a 0.86% MER, it provides diversified exposure through 280 holdings.
HBTA is actively managed by Horizon's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.86% MER reflects the costs of a more specialized management approach.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).