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Nomura National High-Yield Municipal Bond ETF
HTAX (Nomura National High-Yield Municipal Bond ETF) is an index Fixed Income ETF by Nomura. With a 0.49% MER, it provides diversified exposure through 74 holdings.
HTAX by Nomura is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.49% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
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.