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HAD

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1d
1w
1m

Analysis and statistics

  • Open
    9.0407$
  • Previous Close
    9.0407$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

HAD.TO is the Horizons Active High Yield Bond ETF. It is an exchange-traded fund listed on the Toronto Stock Exchange (TSX) that aims to provide a high level of income while preserving capital by investing primarily in a portfolio of high-yield corporate bonds issued by North American companies. The ETF is actively managed by Horizons ETFs Management (Canada) Inc. and utilizes a portfolio management strategy that seeks to identify attractive investment opportunities within the high-yield bond market.
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Factors

Index Performance: HAD.TO tracks the S&P/TSX Composite High Dividend Index. The price of the ETF is directly impacted by the performance of the underlying index.

Dividend Yield: Higher dividend yields in the underlying companies can increase demand for HAD.TO, potentially driving up its price.

Interest Rates: Rising interest rates can make fixed-income investments more attractive, potentially reducing demand for dividend ETFs like HAD.TO.

Market Sentiment: Overall investor confidence and risk appetite can influence demand for dividend ETFs. Positive market sentiment can increase demand and price.

Supply and Demand: Like any security, HAD.TO's price is affected by the forces of supply and demand in the market.

ETF Flows: Large inflows into HAD.TO can increase its price, while large outflows can decrease it.

Management Fees: While not directly affecting the price, higher management fees can reduce the overall return, making it less attractive.

Constituent Changes: Changes in the composition of the underlying index can impact the ETF's price as the fund rebalances its holdings.

Economic Conditions: Economic factors such as inflation, GDP growth, and unemployment can influence the performance of the companies in the index, indirectly affecting the ETF's price.

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