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HHL-B

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1d
1w
1m

Analysis and statistics

  • Open
    8.5272$
  • Previous Close
    8.5272$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

HHL-B.TO is the ticker symbol for the Horizons US Large Cap Equity Covered Call ETF. It is an exchange-traded fund listed on the Toronto Stock Exchange (TSX). This ETF aims to provide income and capital appreciation by investing in a portfolio of large-cap US equities while writing covered call options on a portion of that portfolio. The "B" in the ticker often indicates a CAD-hedged unit class, meaning the ETF seeks to reduce the impact of fluctuations between the Canadian and US dollar on the fund's returns. Therefore, Canadian investors can gain exposure to US equities while mitigating currency risk.
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Factors

Fund NAV: HHL-B.TO's price closely tracks its net asset value.

Supply/Demand: High demand increases price, while high selling pressure lowers it.

Interest Rates: Rising rates can negatively impact bond ETF prices.

Credit Spreads: Widening spreads indicate higher risk, decreasing bond prices.

Economic Growth: Strong growth can lead to higher rates and lower bond prices.

Inflation: Rising inflation erodes bond values, pushing prices down.

Market Sentiment: Overall investor confidence influences ETF valuations.

Currency Fluctuations: Changes in CAD value affect foreign bond returns.

Fund Flows: Inflows increase demand, while outflows reduce it.

Issuer Actions: Fund management decisions impact performance and price.

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