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Global X Canadian Select Universe Bond Index Corporate Class ETF

HBB

Reasons to Consider HBB

Canadian Fixed Income

HBB is designed to measure the performance of the Canadian investment-grade fixed-income market by selecting bonds offering duration, yield and return characteristics representative of the universe of eligible government & corporate bond securities.

Investment-Grade Focus

HBB provides exposure to bonds with a minimum credit rating of BBB-, ensuring a focus on investment-grade securities within the index.

Tax Efficiency

Part of the Global X Total Return Index family of ETFs, HBB’s usage of a total return swap contract to replicate index performance typically increases tax efficiency. Further, HBB is not expected to make taxable distributions, making it potentially advantageous for taxable accounts.

Investment Objective

HBB seeks to replicate, to the extent possible, the performance of the Solactive Canadian Select Universe Bond Index (Total Return), net of expenses. The Solactive Canadian Select Universe Bond Index (Total Return) is designed to measure the performance of the Canadian investment-grade fixed income market.

NAV

$46.16

$-0.2105

-0.45%

Volume

6,832

Price

$46.02

$-0.15

-0.32%

Last Close

$46.17

Prices delayed by 15 minutes.

Last Trade: May 29, 2024
Broad Market & IG
Fixed Income
Canadian
Corporate Class

Risk Rating:

Low

Product Details

Fund Details

Ticker

HBB

CUSIP

37963J105

Inception Date

May 7, 2014

Net Assets

$3,120,076,460 As at May 28, 2024

Consolidated Prior Day Volume

111,911

Average Daily Trading Volume Over a 12 Month Period

298,306

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Bloomberg Index Ticker

SOLHBB

Management Fee

0.09% (Plus applicable sales tax)

Management Expense Ratio

0.10% As at December 31, 2023

Trading Expense Ratio

0.15% As at December 31, 2023

Swap Fee

No more than 0.15%

Currency

CAD

Currency Hedging

N/A

LEI

549300CHFSB2YD5VGF57

Price and NAV

As at May 28, 2024

NAV / Unit

$46.16

Closing Price

$46.17

Premium Discount

$0.01

Premium Discount Percentage

0.01%

Outstanding Shares

67,588,130

Portfolio Investment Metrics

As at April 30, 2024

Weighted Average Duration

7.24

Weighted Average Coupon

3.22

Weighted Average Yield to Maturity

4.44

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Annualized Performance (%)

dates

1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr SIR*
Global X Canadian Select Universe Bond Index Corporate Class ETF -2.18 -2.08 4.20 -3.66 -1.70 -2.65 -0.48 - 1.32
Solactive Canadian Select Universe Bond Index (Total Return) -2.16 -2.03 4.34 -3.58 -1.46 -2.39 -0.22 - 1.61

*Fund performance since inception on May 7, 2014, as at April 30, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X Canadian Select Universe Bond Index Corporate Class ETF 1.39 1.89 1.14 5.98 8.23 -2.39 -11.98 6.29
Solactive Canadian Select Universe Bond Index (Total Return) 1.73 2.19 1.41 6.25 8.50 -2.13 -11.73 6.57

Top Sector Allocations

As at April 30, 2024

Category

Weight

Governments

44.62%

Provincials

31.05%

Financial

7.98%

Utilities

6.44%

Energy

2.45%

Communication Service

2.22%

Industrial Services

1.22%

Municipals

1.10%

Reits

1.09%

Consumer Service

0.94%

Holdings are subject to change. The complete list will soon be available.

Top Credit Ratings

As at April 30, 2024

Category

Weight

AAA

46.92%

AA+

4.12%

AA

13.26%

AA-

16.69%

A+

3.88%

A

2.58%

A-

3.02%

BBB+

3.22%

BBB

2.60%

BBB-

1.57%

Holdings are subject to change.

Top Holdings

As at April 30, 2024

Security Name

Weight

Canada Government 0.50% 01-Sep-2025

2.08%

Canada Government 1.25% 01-Jun-2030

1.77%

Canada Government 2.00% 01-Dec-2051

1.71%

Canada Government 1.50% 01-Jun-2031

1.68%

Canada Government 0.50% 01-Dec-2030

1.50%

Canada Government 0.25% 01-Mar-2026

1.46%

Canada Government 1.50% 01-Dec-2031

1.26%

Canada Government 4.00% 01-Mar-2029

1.26%

Canada Government 4.50% 01-Feb-2026

1.06%

Canada Government 1.00% 01-Sep-2026

0.99%

Holdings are subject to change.

Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.

Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager, investment manager and trustee of the Global X Funds.

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