AlphaPro brings first floating-rate bond ETF to Canadian market

Toronto Stock Exchange facade, with Comfort's ...                                                              .
AlphaPro Management launched on the Toronto Stock Exchange the first floating-rate bond exchange-traded fund for Canadian investors. The Horizons AlphaPro Floating Rate Bond ETF invests principally in Canadian floating-rate debt securities. The management fee is 0.4%, plus taxes and operating expenses. Full story here