Q: Hello 5i team,
I have HBND in my TFSA for US bond exposure (and the high monthly income). The ETF started in Sept of last year and was wondering what your thoughts are in general for this security?
Thank You,
Andrew
I have HBND in my TFSA for US bond exposure (and the high monthly income). The ETF started in Sept of last year and was wondering what your thoughts are in general for this security?
Thank You,
Andrew
5i Research Answer:
HBND targets a 10%+ yield and writes call options on around 50% of its holdings. The ETFs...