Horizon’s BetaPro S&P/TSX60 (HXT) ETF. A Sheep in Wolf’s Clothing!
Investors have been flocking to ETF’s these last couple of years like bees to honey! On September 14th, Horizon announced the BetaPro HXT, an ETF that tracks the S&P/TSX60 Index. With a MER of only 0.07% you can easily understand the interest that generated! Imagine an ETF that tracks the TSX-60 for a super-low MER. It sure had me thinking recently, when I saw the TV commercial, and had extra money to invest. Well hold on, what appears to be isn’t so. Here are some facts about the Horizon HXT ETF that might have you rethinking your decision to purchase: …