What’s HBAL ETF?
The Horizons Balanced Asset Allocation HBAL ETF stands out as an all-in-one investment solution, encapsulating a comprehensive strategy within a single ETF. By seamlessly blending 60% global equity exposure for growth and 40% fixed income for stability, this diversified portfolio caters to investors seeking a holistic approach to long-term capital appreciation and a moderate income stream—all conveniently packaged in one ETF. Horizons ETF is a well-known fund provider specializing in exchange-traded funds. Their offerings encompass a diverse range of investment solutions across various asset classes.
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Is a balanced All-In-ETF portfolio the right choice for you?
A balanced portfolio, typically composed of a mix of stocks and bonds, seeks to strike a harmony between growth potential and risk mitigation. Suited for investors with a moderate risk tolerance, it aims to deliver a blend of long-term capital appreciation from equities and stability through fixed-income investments. This approach is ideal for those seeking a middle ground, prioritizing a measured combination of growth and security in their investment strategy.
Other All-In-one ETFs offered by Horizons
| Name | Number of holdings | Breakdown |
| Horizons Conservative TRI – HCON | 7 | 40% Equity; 60% Bonds |
| Horizons Balanced TRI – HBAL | 7 | 60% Equity; 40% Bonds |
| Horizons Growth TRI – HGRO | 7 | 100% Equity |
HBAL ETF – Performance comparison and analysis
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HBAL.TO (Horizons Balanced TRI ETF Portfolio) stands out with notable performance metrics. Despite having lower net assets at 138.20 million (M), it boasts an impressive 8.25% year-to-date (YTD) return, indicating strong short-term performance. Additionally, HBAL.TO exhibits a 6.29% 5-year average return, showcasing sustained positive returns over a more extended period.
What are the fees for HBAL?
The anticipated total management expense ratio (MER) for HBAL is around 0.20%, encompassing the costs associated with fund management. Additionally, the projected trading expense ratio (TER) for HBAL is expected to be 0.02%, reflecting the expenses linked to the buying and selling of assets within the fund.
How much is the dividend for HBAL?
HBAL pays dividends on a monthly basis.
| Amount | Dividend Type | Ex-Div Date | Record Date | Pay Date |
|---|---|---|---|---|
| 0.0300 | Regular | 9/28/2023 | 9/29/2023 | 10/6/2023 |
| 0.0300 | Regular | 8/30/2023 | 8/31/2023 | |
HBAL ETF – Top 10 Holdings
Top 10 Holdings
| Security Name | Weight |
|---|---|
| Horizons Cdn Select Universe Bond ETF (HBB) | 24.73% |
| Horizons US Large Cap Index ETF (HULC) | 22.23% |
| Horizons Intl Developed Mkts Eq Ix ETF (HXDM) | 14.91% |
| Horizons US 7-10 Year Treasury Bond ETF (HTB) | 14.79% |
| Horizons S&P/TSX 60 Index ETF (HXT) | 12.17% |
| Horizons Emerging Markets Equity IdxETF C$ (HXEM) | 6.05% |
| Horizons NASDAQ-100 Index ETF (HXQ) | 5.10% |
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