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HBNK

Horizons Equal Weight Banks Index ETF

Price
$21.26
$-0.12
-0.56%
NAV
$21.2622
$-0.1178
-0.55%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

Horizons Short-Term U.S. Treasury Premium Yield ETF

Price
$27.12
$0.06
0.22%
NAV
$27.0495
$-0.0757
-0.28%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.15
$0.00
0.00%
NAV
$50.1530
$0.0066
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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HEWB

Horizons Equal Weight Canada Banks Index ETF

Investment Objective

HEWB seeks to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Banks Index (Total Return), net of expenses. The Solactive Equal Weight Canada Banks Index (Total Return) is an equal weight index of equity securities of diversified Canadian banks.

Fund Details

Ticker
HEWB
Inception Date
January 22, 2019
Net Assets ?
$146,411,637
As at  April 23, 2024
Consolidated Prior Day Volume ?
60 143
For  April 24, 2024
Average Daily Trading Volume Over a 12 Month Period ?
18,380
As at  April 24, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLCBEW
Management Fee
0.25%
(Plus applicable sales taxes.)
Management Expense Ratio ?
0.28%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
Counterparty Exposure ?
14.75%
As atJanuary 31, 2024
LEI ?
549300KW6DULSXUXF698
NAV / Unit
$31.8497
Price
$31.68
Premium Discount
$-0.17
Premium Discount Percentage
-0.54%
Outstanding Shares
4,571,335
Index 12-Month Trailing Yield ?
4.65
Current Index Yield ?
4.76

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 (%) *

1mo 3mo 6mo YTD 1 yr 3 yr 5 yr 10 yr SIR**
Horizons Equal Weight Canada Banks Index ETF 5.88 5.74 19.53 5.74 15.05 8.29 10.48 -- 10.10
Solactive Equal Weight Canada Banks Index 5.91 5.81 19.71 5.81 15.37 8.61 10.84 -- 10.48

**Fund performance since inception on January 22, 2019, as at March 31, 2024

Calendar Year Performance (%) *

2016 2017 2018 2019 2020 2021 2022 2023

Horizons Equal Weight Canada Banks Index ETF

-- -- -- -- 4.09 39.61 -10.35 10.89
Solactive Equal Weight Canada Banks Index -- -- -- -- 4.43 40.06 -10.10 11.20

The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.

Distributions

Distribution data is not currently available.

Index Holdings

As at March 31, 2024
Security Name Weight
National Bank of Canada 16.97%
Bank of Montreal 16.87%
Bank of Nova Scotia 16.77%
Canadian Imperial Bank of Commerce 16.61%
Royal Bank of Canada 16.51%
Toronto-Dominion Bank 16.26%
At a Glance

Investment Objective

HEWB seeks to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Banks Index (Total Return), net of expenses. The Solactive Equal Weight Canada Banks Index (Total Return) is an equal weight index of equity securities of diversified Canadian banks.

Product Facts

Fund Details

Ticker
HEWB
Inception Date
January 22, 2019
Net Assets ?
$146,411,637
As at  April 23, 2024
Consolidated Prior Day Volume ?
60 143
ForApril 24, 2024
Average Daily Trading Volume Over a 12 Month Period ?
18,380
As at  April 24, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLCBEW
Management Fee
0.25%
(Plus applicable sales taxes.)
Management Expense Ratio ?
0.28%
 As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
Counterparty Exposure ?
14.75%
As atJanuary 31, 2024
LEI ?
549300KW6DULSXUXF698
NAV / Unit
$31.8497
Price
$31.68
Premium Discount
$-0.17
Premium Discount Percentage
-0.54%
Outstanding Shares
4,571,335
Index 12-Month Trailing Yield ?
4.65
Current Index Yield ?
4.76

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.

Performance & Distributions

Annualized Performance (%) *

1mo 3mo 6mo YTD 1 yr 3 yr 5 yr 10 yr SIR**
Horizons Equal Weight Canada Banks Index ETF 5.88 5.74 19.53 5.74 15.05 8.29 10.48 -- 10.10
Solactive Equal Weight Canada Banks Index 5.91 5.81 19.71 5.81 15.37 8.61 10.84 -- 10.48

**Fund performance since inception on January 22, 2019, as at March 31, 2024

Calendar Year Performance (%)

2016 2017 2018 2019 2020 2021 2022 2023
Horizons Equal Weight Canada Banks Index ETF -- -- -- -- 4.09 39.61 -10.35 10.89
Solactive Equal Weight Canada Banks Index -- -- -- -- 4.43 40.06 -10.10 11.20

The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.

Distributions

Distribution data is not currently available.

Holdings

Index Holdings

As at March 31, 2024
Security Name Weight
National Bank of Canada 16.97%
Bank of Montreal 16.87%
Bank of Nova Scotia 16.77%
Canadian Imperial Bank of Commerce 16.61%
Royal Bank of Canada 16.51%
Toronto-Dominion Bank 16.26%

Related Posts

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