- Horizons Active High Yield Bond ETF (HYI)
- TD Active U.S. High Yield Bond ETF (TUHY)
- Hamilton U.S. Bond YIELD MAXIMIZER TM ETF (HBND)
Q: Hello 5i team,
I received notice that Horizon will be canceling certain ETFs including HYI affective March 20 2024. Can you give me other ETFs that are equivalent?
Andrew
I received notice that Horizon will be canceling certain ETFs including HYI affective March 20 2024. Can you give me other ETFs that are equivalent?
Andrew
5i Research Answer:
HYI is 65% invested in the US. While it is also small, we would suggest TUHY. A newer bond fund using covered calls to enhance income HNBD, may also be a good alternative.