Key stats
About GLOBAL ACTIVE HYBRID BD AND PREFERR UNIT CL E
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Inception date
Oct 1, 2013
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund actively and primarily invests in a portfolio of corporate debt and debt-like securities including preferred shares and hybrids from developed markets specifically in the US and Canada. The advisor uses fundamental research and credit analysis in selecting securities and determining the relative weights of each security. In seeking to manage risk, the fund may temporarily hold cash and/or money market instruments up to 20% and invest in sub-investment grade bonds limiting it to less than 50% of the portfolio. Since the fund is actively managed, allocation and maturity is at the discretion of the manager. The fund is designed for investors who are seeking a high level of income from a diversified portfolio delivering efficient exposure to the potential of North American hybrid and preferred stocks.
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HYBR trades at 9.84 CAD today, its price has risen 3.14% in the past 24 hours. Track more dynamics on HYBR price chart.
HYBR net asset value is 9.87 today — it's risen 5.65% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HYBR assets under management is 68.64 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HYBR price has risen by 3.36% over the last month, and its yearly performance shows a 8.37% increase. See more dynamics on HYBR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.65% over the last month, showed a 1.09% increase in three-month performance and has increased by 13.55% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.65% over the last month, showed a 1.09% increase in three-month performance and has increased by 13.55% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HYBR invests in bonds. See more details in our Analysis section.
HYBR expense ratio is 0.69%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HYBR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HYBR technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HYBR shows the strong buy signal. See more of HYBR technicals for a more comprehensive analysis.
Today, HYBR technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HYBR shows the strong buy signal. See more of HYBR technicals for a more comprehensive analysis.
Yes, HYBR pays dividends to its holders with the dividend yield of 4.26%.
HYBR trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HYBR shares are issued by Mirae Asset Global Investments Co., Ltd.
HYBR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 1, 2013.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.