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Commissions, management fees and expenses all may be associated with an investment in exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the “Horizons Exchange Traded Products”). The Horizons Exchange Traded Products are not guaranteed, their value changes frequently and past performance may not be repeated. Certain Horizons Exchange Traded Products may have exposure to leveraged investment techniques that magnify gains and losses and 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 prospectus contains important detailed information about the ETF. Please read the relevant prospectus before investing.
*The indicated rates of return are the historical annual compounded total returns including changes in per unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The rates of return shown in the table are not intended to reflect future values of the ETF(s) or future returns on investment in the ETF(s). Only the returns for periods of one year or greater are annualized returns.
The Horizons Exchange Traded Products include our BetaPro products (the “BetaPro Products”). The BetaPro Products are alternative mutual funds within the meaning of National Instrument 81-102 Investment Funds, and are permitted to use strategies generally prohibited by conventional mutual funds: the ability to invest more than 10% of their net asset value in securities of a single issuer, to employ leverage, and engage in short selling to a greater extent than is permitted in conventional mutual funds. While these strategies will only be used in accordance with the investment objectives and strategies of the BetaPro Products, during certain market conditions they may accelerate the risk that an investment in shares of a BetaPro Product decreases in value.
The BetaPro Products consist of our Daily Bull and Daily Bear ETFs (“Leveraged and Inverse Leveraged ETFs”), Inverse ETFs (“Inverse ETFs”) and our BetaPro S&P 500 VIX Short-Term Futures™ ETF (the “VIX ETF”). Included in the Leveraged and Inverse Leveraged ETFs and the Inverse ETFs are the BetaPro Marijuana Companies 2x Daily Bull ETF (“HMJU”) and BetaPro Marijuana Companies Inverse ETF (“HMJI”), which track the North American MOC Marijuana Index (NTR) and North American MOC Marijuana Index (TR), respectively. The Leveraged and Inverse Leveraged ETFs and certain other BetaPro Products use leveraged investment techniques that can magnify gains and losses and may result in greater volatility of returns. These BetaPro Products are subject to leverage risk and may be subject to aggressive investment risk and price volatility risk, among other risks, which are described in their respective prospectuses. Each Leveraged and Inverse Leveraged ETF seeks a return, before fees and expenses, that is either up to, or equal to, either 200% or –200% of the performance of a specified underlying index, commodity futures index or benchmark (the “Target”) for a single day. Each Inverse ETF seeks a return that is –100% of the performance of its Target. Due to the compounding of daily returns a Leveraged and Inverse Leveraged ETF’s or Inverse ETF’s returns over periods other than one day will likely differ in amount and, particularly in the case of the Leveraged and Inverse Leveraged ETFs, possibly direction from the performance of their respective Target(s) for the same period. For certain Leveraged and Inverse Leveraged ETFs that seek up to 200% or up to or -200% leveraged exposure, the Manager anticipates, under normal market conditions, managing the leverage ratio as close to two times (200%) as practicable however, the Manager may, at its sole discretion, change the leverage ratio based on its assessment of the current market conditions and negotiations with the respective ETF’s counterparties at that time. Hedging costs charged to BetaPro Products reduce the value of the forward price payable to that ETF. Due to the high cost of borrowing the securities of marijuana companies in particular, the hedging costs charged to HMJI are expected to be material and are expected to materially reduce the returns of HMJI to unitholders and materially impair the ability of HMJI to meet its investment objectives. Currently, the manager expects the hedging costs to be charged to HMJI and borne by unitholders will be between 10.00% and 45.00% per annum of the aggregate notional exposure of HMJI’s forward documents. The hedging costs may increase above this range. The manager publishes on its website, the updated monthly fixed hedging cost for HMJI for the upcoming month as negotiated with the counterparty to the forward documents, based on the then current market conditions.
The VIX ETF, which is a 1x ETF, as described in the prospectus, is a speculative investment tool that is not a conventional investment. The VIX ETF’s Target is highly volatile. As a result, the VIX ETF is not intended as a stand-alone long-term investment. Historically, the VIX ETF’s Target has tended to revert to a historical mean. As a result, the performance of the VIX ETF’s Target is expected to be negative over the longer term and neither the VIX ETF nor its target is expected to have positive long-term performance. BetaPro Bitcoin ETF (“HBIT”), and BetaPro Inverse Bitcoin ETF (“BITI”), which are a 1X ETF, and an up to -1X ETF, respectively, as described in the prospectus, are speculative investment tools that are not conventional investments. Their Target, an index which replicates exposure to rolling Bitcoin Futures and not the spot price of Bitcoin, is highly volatile. As a result, neither ETF is intended as a stand-alone investment. There are inherent risks associated with products linked to crypto-assets, including Bitcoin Futures. While Bitcoin Futures are traded on a regulated exchange and cleared by regulated central counterparties, direct or indirect exposure to the high level of risk of Bitcoin Futures will not be suitable for all types of investors. An investment in any of the BetaPro Products is not intended as a complete investment program and is appropriate only for investors who have the capacity to absorb a loss of some or all of their investment. Please read the full risk disclosure in the prospectus before investing. Investors should monitor their holdings in BetaPro Products and their performance at least as frequently as daily to ensure such investment(s) remain consistent with their investment strategies.
Horizons Total Return Index ETFs (“Horizons TRI ETFs”) are generally index-tracking ETFs that use an innovative investment structure known as a Total Return Swap to deliver index returns in a low-cost and tax-efficient manner. Unlike a physical replication ETF that typically purchases the securities found in the relevant index in the same proportions as the index, most Horizons TRI ETFs use a synthetic structure that never buys the securities of an index directly. Instead, the ETF receives the total return of the index through entering into a Total Return Swap agreement with one or more counterparties, typically large financial institutions, which will provide the ETF with the total return of the index in exchange for the interest earned on the cash held by the ETF. Any distributions which are paid by the index constituents are reflected automatically in the net asset value (NAV) of the ETF. As a result, the Horizons TRI ETF receives the total return of the index (before fees), which is reflected in the ETF’s share price, and investors are not expected to receive any taxable distributions. Certain Horizons TRI ETFs (Horizons Nasdaq-100 ® Index ETF and Horizons US Large Cap Index ETF) use physical replication instead of a total return swap. The Horizons Cash Maximizer ETF and Horizons USD Cash Maximizer ETF use cash accounts and do not track an index but rather a compounding rate of interest paid on the cash deposits that can change over time.
Horizons TRI ETFs include ETFs that use physical replication instead of a total return swap to gain exposure to their benchmark index. These ETFs are a class of shares in a corporate class structure that allows the ETF to deliver its returns in a tax-efficient manner. With this structure, the ETF will receive the total return of the Index (less any withholding tax payable on constituent distributions if applicable), which is reflected in the NAV of the ETF. However, investors are not expected to receive any taxable distributions from these ETFs. The Horizons Cash Maximizer ETF and Horizons USD Cash Maximizer ETF use cash accounts and do not track an index but rather a compounding rate of interest paid on a cash deposit that can change over time.
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange traded products (the “Horizons Exchange Traded Products”) managed by Horizons ETFs Management (Canada) Inc. and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor.
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5h
Looking to generate additional income while staying invested in key equity benchmarks and asset classes?
The …actively managed Horizons ETFs Covered Calls family seeks to provide most of the upside return potential of a portfolio along with monthly income
https://horizonsetfs.com/an-introduction-to-horizons-etfs-covered-calls/
5h
🤔Want to learn how covered calls can boost your portfolio income amid volatile markets?
Watch @NickPiquard,… VP & PM at Horizons ETFs, as he joins BNN Bloomberg to discuss some of the covered call ETF opportunities that he sees
https://www.bnnbloomberg.ca/video/~2497806
3d
Education at the Forefront – Did you know that Horizons ETFs has produced its very own podcast, Generation ETFs, since …2015? Investing has never been more accessible; we can help educate investors and provide key insights into the industry and our products. Find all this and more on our Learning Library.
https://horizonsetfs.com/learning/
3d
Did you know that Horizons ETFs has produced its very own podcast, Generation ETFs, since 2015? Investing has never …been more accessible; we can help educate investors and provide key insights into the industry and our products. Find all this and more on our Learning Library.
4d
Personalize Your Experience – Focus your efforts and investment objectives through our registration feature! With My …ETFs, track all of your favourite ETFs in a convenient dashboard and instantly gain access to pricing data, without the clutter of the entire fund portfolio.
4d
Personalize Your Experience – Focus your efforts and investment objectives through our registration feature! With My …ETFs, track all of your favourite ETFs in a convenient dashboard and instantly gain access to pricing data, without the clutter of the entire fund portfolio.
https://horizonsetfs.com/
5d
Do you have a specific goal in mind, perhaps Responsible Investing or Cash Savings? Or possibly you are interested in a… particular theme, like Alternative Energy or Cryptocurrency? Whether you’re an experience trader, a long-term buyer, or a brand new investor, Horizons ETFs now has dedicated landing pages where you can explore the ETFs that may work for you.
https://horizonsetfs.com/
5d
Do you have a specific goal in mind, perhaps Responsible Investing or Cash Savings? Whether you’re an experienced …trader, a long-term buyer, or a brand new investor, Horizons ETFs now has dedicated landing pages where you can explore the ETFs that may work for you.
6d
Get direct exposure to the global uranium sector through $HURA, Canada’s first uranium ETF that seeks to provide …exposure to the performance of both the commodity and companies involved in the uranium mining and exploration industry.
https://horizonsetfs.com/ETF/hura/
6d
Watch @NickPiquard, VP & PM at Horizons ETFs, as he joins BNN Bloomberg to share his thoughts on why the energy …situation in Europe underscores the importance of new nuclear initiatives #nuclear #uranium #energy
https://www.bnnbloomberg.ca/video/great-opportunity-for-investors-in-uranium-portfolio-manager~2493088
6d
Horizons ETFs is excited to announce that our new website has officially launched. From your smartphone, laptop or …desktop, everything you need to start your investment journey is a click away.
https://horizonsetfs.com/
6d
Horizons ETFs is excited to announce that our new website has officially launched. From your smartphone, laptop or …desktop, everything you need to start your investment journey is a click away.
https://horizonsetfs.com/
6d
With both Canadian Licensed Producers and U.S. Multi-State Operators facing uncertainty over their ability to generate …higher profits and attract new investors, have investment opportunities in cannabis gone up in smoke?
Read more to understand why the cannabis sector could remain a viable industry with strong long-term growth prospects.
https://horizonsetfs.com/cannabis-stocks-could-it-be-any-worse
#opportunities #cannabis #investment
While 2022 has been a brutal year for the broader equity market, the carnage in the…
horizonsetfs.com6d
The cannabis story hasn’t gone up in smoke, but there’s a good, bad and an ugly side to it.
Read more to …understand the challenges for investors today and why the cannabis sector could remain a viable industry with strong long-term growth prospects.
https://horizonsetfs.com/cannabis-stocks-could-it-be-any-worse/
1w
Despite crude oil being one of the only asset classes to deliver during Q2 #2022, advisors and investors were divided …on the commodity in Horizons ETFs’ Q3 sentiment survey results. Declining in bullish sentiment from last quarter, bullishness fell 17% for investors and 8% for advisors. Find out where Canadian investors and advisors stand in regard to Oil, Gas, and Alternative Energy in this quarter’s results: https://horizonsetfs.com/sentimentsurvey/
1w
Horizons ETFs’ #Q3 #investor #advisor sentiment survey shows division on crude oil. Despite returning +5.46% in Q2, …the asset class tied for both parties at 38% and 37% bullish and bearishness, respectively. Find out where Canadians stand on asset classes: https://horizonsetfs.com/sentimentsurvey/
1w
Uranium holds its bullish position among advisors and investors in Horizons ETFs’ latest quarterly sentiment survey …despite the Solactive Global Uranium Pure-Play Index falling -27.39% in Q2 2022. Find out where Canadians stand on other asset classes and indices: https://horizonsetfs.com/sentimentsurvey/
#Canada #investing #Investors #advisors #survey
1w
In Horizons ETFs’ #Q3 sentiment survey #Uranium maintained its strength, retaining a majority #bullish investor and …advisor sentiment despite increased market volatility. Find out where Canadians stand on other asset classes and indices: https://horizonsetfs.com/sentimentsurvey/
1w
On the tail end of what has been a very difficult first and second quarter for Bitcoin, the Horizons ETFs #Q3 sentiment… survey results show advisors took a nose dive into bearish territory, while investors remain divided with the majority remaining bullish. Find out where Canadians stand on other thematic asset classes and sectors: https://horizonsetfs.com/sentimentsurvey/
#Canada #investing #Investors #advisors #survey #crypto
1w
The big question looming over the financial world in the second half of 2022 is whether central banks will be able to …lower inflation without driving the economy into a recession.
Rob Carrick provides a shopping list of ETFs for investors worrying about a recession, including Horizons High Interest Savings ETF ($CASH – https://horizonsetfs.com/ETF/cash/) providing an annual net yield of 2.86% as at July 22nd.
Find out more on Rob Carrick’s considerations:
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-rob-carrick-a-shopping-list-of-etfs-for-people-who-worry-about/
Some suggestions for those looking to make portfolio adjustments
www.theglobeandmail.com1w
Will central banks be able to lower inflation without driving the economy into recession?
For investors …worrying about a recession, @rcarrick provides a shopping list of ETFs, including Horizons High Interest Savings ETF ($CASH – https://horizonsetfs.com/ETF/cash/)
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-rob-carrick-a-shopping-list-of-etfs-for-people-who-worry-about/
1w
Looking to avoid the lock-ups of GICs while preserving capital and liquidity?
CASH …(https://www.horizonsetfs.com/ETF/CASH) seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest deposit accounts with Canadian banks
1w
Looking to avoid the lock-ups of GICs while preserving capital and liquidity?
$CASH …(https://www.horizonsetfs.com/ETF/CASH) seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest deposit accounts with Canadian banks
1w
As volatility increased in Q2, #Bitcoin plummeted -59.07%. According to Horizons ETFs' #Q3 sentiment survey …results, Canadian investors and advisors may be changing their stance. Find out where they stand on cryptocurrency and other thematic asset classes: https://horizonsetfs.com/sentimentsurvey/
1w
Uranium is one of the few commodities that has made a year-to-date gain, adding 17% from January through the end of …June. Will the second half of 2022 see more price support?
According to Nicolas Piquard, PM at Horizons ETFs, as countries set targets to transition from internal combustion engines to electric vehicles, nuclear will be the best and most suitable energy source.
https://investingnews.com/daily/resource-investing/energy-investing/uranium-investing/u3o8-price-update/
Gain direct exposure to the global uranium sector through Horizons Global Uranium Index ETF ($HURA – https://horizonsetfs.com/ETF/hura/), Canada’s first uranium ETF.
HURA is Canada’s first uranium ETF that seeks to provide exposure to both the commodity and companies involved in the mining and exploration process
horizonsetfs.com1w
Read more to learn about uranium’s potentially bright future and $HURA, Canada’s first uranium ETF …(https://www.horizonsetfs.com/hura) that provides direct exposure to the global uranium sector.
1w
Will the second half of 2022 see even more price support for uranium?
“This is the backdrop for a multi-year… bull market,” says Nicolas Piquard, VP and PM at Horizons ETFs who believes that nuclear will be the best and most suitable energy source.
https://investingnews.com/daily/resource-investing/energy-investing/uranium-investing/u3o8-price-update/
1w
Happy anniversary to Horizons Global Lithium Producers Index ETF (HLIT), which turned 1 year old on June 22nd!
… As at June 30, 2022, HLIT reported a one-year performance of 25.42%! Learn more: https://horizonsetfs.com/ETF/HLIT/#performance-distributions
Learn more about how HLIT can help investors get exposure to the performance of companies engaged in the mining and production of lithium, a key metal in rechargeable batteries for electric and hybrid vehicles: https://www.horizonsetfs.com/ETF/HLIT
1w
Happy anniversary to Horizons Global Lithium Producers Index ETF ($HLIT), which turned 1 year old on June 22nd!
…
As at June 30, 2022, $HLIT reported a one-year performance of 25.42%! Learn more: https://horizonsetfs.com/ETF/HLIT/#performance-distributions #lithium #performance
2w
Coming out of the first half of 2022, Emerging Markets (EM) have outperformed various asset classes this year due to …prudent central bank policies, higher commodity prices, and recognition of the disconnect between EM and Developed Market (DM) valuations.
Watch Malcolm Dorson, Senior Portfolio Manager (U.S.) at Mirae Asset discuss this topic in the 2022 Emerging Markets Mid-year Outlook.
#China #LATAM #ASEAN #EEMEA
https://investments.miraeasset.us/perspectives/2022-EM-mid-year-outlook
China has undergone a difficult first half of the year. The growth slump, which started with the regulatory reset last year, was exacerbated by…
investments.miraeasset.us