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HTB

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1m

Analysis and statistics

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About

HTB.TO is the Horizons High Yield Bond ETF. This ETF seeks to provide monthly income and modest capital appreciation by investing primarily in a portfolio of high-yield corporate bonds. It offers exposure to the Canadian high-yield corporate bond market, providing investors with a relatively higher yield compared to investment-grade bonds, albeit with a higher level of credit risk. The fund's objective is to deliver a steady stream of income while managing the inherent risks associated with high-yield debt.
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Factors

Interest Rates: Rising rates can decrease demand for HTB.TO as bonds become more attractive, lowering its price.

Bond Yields: Higher bond yields, especially Canadian bond yields, pressure HTB.TO price downwards.

Inflation Expectations: Rising inflation can erode bond value, driving HTB.TO price lower.

Credit Spreads: Widening credit spreads indicate increased risk aversion, decreasing demand and price for HTB.TO.

Economic Growth: Stronger economic growth may lessen demand for HTB.TO as investors seek riskier assets.

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