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Global X Active Canadian Municipal Bond ETF
HMP (Global X Active Canadian Municipal Bond ETF) is an active Canadian Fixed Income ETF by Global X. With a 0.25% MER, it provides diversified exposure. Monthly distribution with a 3.19% yield.
HMP is actively managed by Global X's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.25% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 3.19% 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.