What does HQD mean in TORONTO STOCK EXCHANGE
HQD is an acronym for Horizons BetaPro NASDAQ-100 Bear Plus Exchange Traded Fund. It is a mutual fund offered by the investment management firm, Horizons Investment Management Inc., and trades on the Toronto Stock Exchange. The fund seeks to provide investors with exposure to the movements of the NASDAQ-100 Index, with protection against sudden declines in value. The fund’s objective is to limit losses when markets are in decline while providing high liquidity and potential for growth when markets are trending in an upward direction.
HQD meaning in Toronto Stock Exchange in Business
HQD mostly used in an acronym Toronto Stock Exchange in Category Business that means Horizons BetaPro NASDAQ-100 Bear Plus Exchange Traded Fund
Shorthand: HQD,
Full Form: Horizons BetaPro NASDAQ-100 Bear Plus Exchange Traded Fund
For more information of "Horizons BetaPro NASDAQ-100 Bear Plus Exchange Traded Fund", see the section below.
Objectives
The primary goal of this ETF is to protect investors from any potential downside while still allowing them the opportunity to benefit from gains that can come from holding a portfolio of stocks within a defined set of criteria. This ETF provides a bearish strategy for investing in the NASDAQ-100 Index which consists of securities listed on the U.S. Nasdaq Stock Market index. The underlying index includes 100 companies ranging from technology giants such as Apple Inc., Microsoft Corporation, Amazon Inc., Alphabet Inc., and Facebook Inc., biotechnologies firms like Gilead Sciences and Johnson & Johnson, as well as several other consumer goods and industrial companies operating around the world. Investors choose HQD because it offers potential swift returns should their investments turn out favorably while mitigating downside risk if things don’t go as planned.
Benefits
HQD provides investors with exposure to one of tech’s most widely followed benchmark indices, while allowing them to be more tactical in how they approach trading and investing decisions by having a bearish outlook at any given time rather than just following along with tradeable trends up or down depending on market conditions. Additionally, HQD also offers diversification benefits due to its ability to track the diversity of stock prices within the underlying index rather than solely tracking specific equities or sectors. Furthermore, investors may also benefit from leveraging low cost instruments such as options contracts rather than taking straight positions in stocks since these tools can potentially offer higher return opportunities with lower levels of risk relative to outright stock purchases. This builds further advantages for those looking for ways to offset possible losses without sacrificing growth opportunities when markets become bullish.
Essential Questions and Answers on Horizons BetaPro NASDAQ-100 Bear Plus Exchange Traded Fund in "BUSINESS»TSX"
What is Horizons BetaPro NASDAQ-100 Bear Plus ETF?
Horizons BetaPro NASDAQ-100 Bear Plus Exchange Traded Fund (HQD) is a leveraged Inverse Exchange Traded Fund (ETF) designed to provide a daily inverse return of the NASDAQ-100 Index. The fund seeks to achieve its investment objectives by investing in index futures contracts, options and other financial instruments.
Who is eligible to invest in the Horizons BetaPro NASDAQ-100 Bear Plus ETF?
Investors must be qualified institutional investors or certain securities dealers who are accredited investors as defined under Canadian securities laws in order to purchase units of the Horizons BetaPro NASDAQ-100 Bear Plus Exchange Traded Fund.
What type of market exposure does the Horizons BetaPro NASDAQ-100 Bear Plus ETF offer?
The Horizons BetaPro NASDAQ-100 Bear Plus Exchange Traded Fund offers exposure to the performance of the NASDAQ 100 index, with an inverse return over a period of time.
How do you buy and sell units of the Horizons BetaPro NASDAQ-100 Bear Plus ETF?
Units of the Horizons BetaPro NASDAQ-100 Bear Plus Exchange Traded Fund can be purchased and sold on any Canadian stock exchange through a registered broker at current market prices.
Is there a minimum investment amount required for purchasing units of HQD?
No, there is no minimum investment amount required for purchasing units of HQD. However, each unit has a net asset value that must be taken into consideration when investing in this fund.
Does the Horizons BetaPro Nasdaq-100 bear plus ETF pay dividends?
No, this fund does not pay dividends to its shareholders or unitholders. Instead, it accrues additional capital gains with each passing trading day as an inverse return against changes made by its benchmarking index.
What fees and commissions are associated with investing in HQD?
The annual management fee for investing in HQD is 0.95%, while other commission charges may apply depending on your broker or financial institution’s policies and procedures.
Final Words:
In conclusion, Horizons BetaPro NASDAQ-100 Bear Plus Exchange Traded Fund (HQD) is an alternative solution brought by Horizons Investment Management Inc., offering investors attractive upside with downside protection as they seek exposure to one of today’s top technology indices - The U.S Nasdaq 100 Index composed largely of leading technology firms like Apple Inc., Microsoft Corporation, Amazon Inc., Alphabet Inc., and Facebook Inc.. With its low cost structure allowing access even to leveraged instruments such as options contracts coupled with additional advantages derived from diversification benefits; HQD serves as a useful tool offering tailored strategies towards gaining maximum returns without sacrificing too much risk.