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An ETF for every investor.

CASH

Horizons High Interest Savings ETF

Price
$50.01
$0.01
0.02%
NAV
$49.9998
$-0.1671
-0.33%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$9.56
$-0.04
-0.42%
NAV
$9.8753
$0.2847
2.97%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$11.10
$-0.17
-1.51%
NAV
$11.2092
$-0.0103
-0.09%

Active

Corporate Class – Alternative

Fact Sheet
Learn more about HRAA
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HFR

Horizons Active Ultra-Short Term Investment Grade Bond ETF

Stay Ahead of Canadian Interest Rates

Horizons Active Ultra-Short Term Investment Grade Bond ETF (HFR) is a highgrade corporate bond ETF designed to pay a higher yield as interest rates rise. By doing so, the market value of the ETF is less impacted by the effects, either negative or positive, of interest rate fluctuations.

Key Features

• Sub-advisor, Fiera Capital Corporation, is an experienced corporate fixed income manager
• Offers a floating rate of income linked to short-term interest rates
• Seeks to mitigate the negative impact of interest rate increases on a bond portfolio
• Keeps duration short
• Generally offers a higher yield than GICs and money market funds

Investment Objective

HFR is to generate income that is consistent with prevailing Canadian shortterm corporate bond yields while reducing the potential effects of Canadian interest rate fluctuations on HFR. HFR invests primarily in a portfolio of Canadian debt (including debt-like securities) directly, and hedges the portfolio’s interest rate risk by maintaining a portfolio duration that is not more than one year. HFR may also invest directly in debt of U.S. companies, as well as indirectly through investments in securities of Listed Funds. HFR uses derivatives, including interest rate swaps, to deliver a floating rate of income

Fund Details

Ticker
HFR
Inception Date
December 10, 2010
Net Assets ?
$453,420,362
As at  November 29, 2022
Consolidated Prior Day Volume ?
1,565,920
For  November 29, 2022
Average Daily Trading Volume Over a 12 Month Period ?
242,002
As at  November 29, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.40%
(Plus applicable sales tax)
Management Expense Ratio ?
0.47%
As at June 30, 2022
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
549300D74BMB1ZVQF977
Most Recent Distributions Per Unit
0.04229
Estimated Annualized Yield ?
5.22 %
12-Month Trailing Yield ?
2.75 %
Distribution Frequency
Monthly
Record Date
November 30, 2022
NAV / Unit
$9.6812
Price
$9.66
Premium Discount
$-0.02
Premium Discount Percentage
-0.22%
Outstanding Shares
46,835,008
Weighted Average Duration ?
0.74
Average Credit Quality ?
BBB+
Weighted Average Coupon ?
4.75
Weighted Average Yield to Maturity ?
5.39

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 Active Ultra-Short Term Investment Grade Bond ETF 0.06 0.03 0.27 -2.06 -1.90 0.95 1.50 1.77 2.01

**Fund performance since inception on December 10, 2010, as at October 31, 2022

Calendar Year Performance (%) *

2014 2015 2016 2017 2018 2019 2020 2021

Horizons Active Ultra-Short Term Investment Grade Bond ETF

2.42 0.09 2.83 2.35 0.93 4.29 3.40 0.83

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2022 11/29/2022 11/30/2022 12/12/2022 0.04229 Monthly
2022 10/28/2022 10/31/2022 11/10/2022 0.04229 Monthly
2022 09/28/2022 09/29/2022 10/13/2022 0.04229 Monthly
2022 08/30/2022 08/31/2022 09/13/2022 0.03628 Monthly
2022 07/28/2022 07/29/2022 08/11/2022 0.02655 Monthly
2022 06/29/2022 06/30/2022 07/13/2022 0.01975 Monthly
2022 05/30/2022 05/31/2022 06/10/2022 0.01975 Monthly
2022 04/28/2022 04/29/2022 05/11/2022 0.01975 Monthly
2022 03/30/2022 03/31/2022 04/12/2022 0.01363 Monthly
2022 02/25/2022 02/28/2022 03/10/2022 0.01163 Monthly
2022 01/28/2022 01/31/2022 02/10/2022 0.01163 Monthly
2021 12/30/2021 12/31/2021 01/13/2022 0.01239 Monthly
2021 11/29/2021 11/30/2021 12/10/2021 0.00923 Monthly
2021 10/28/2021 10/29/2021 11/10/2021 0.00923 Monthly
2021 09/28/2021 09/29/2021 10/13/2021 0.00945 Monthly
2021 08/30/2021 08/31/2021 09/13/2021 0.00945 Monthly
2021 07/29/2021 07/30/2021 08/12/2021 0.00945 Monthly
2021 06/29/2021 06/30/2021 07/13/2021 0.0097 Monthly
2021 05/28/2021 05/31/2021 06/10/2021 0.0097 Monthly
2021 04/29/2021 04/30/2021 05/12/2021 0.0097 Monthly
2021 03/30/2021 03/31/2021 04/13/2021 0.0101 Monthly
2021 02/25/2021 02/26/2021 03/10/2021 0.0109 Monthly
2021 01/28/2021 01/29/2021 02/10/2021 0.021 Monthly
2020 12/30/2020 12/31/2020 01/13/2021 0.021 Monthly
2020 11/27/2020 11/30/2020 12/10/2020 0.021 Monthly
2020 10/29/2020 10/30/2020 11/12/2020 0.021 Monthly
2020 09/29/2020 09/30/2020 10/13/2020 0.0213 Monthly
2020 08/28/2020 08/31/2020 09/11/2020 0.0213 Monthly
2020 07/30/2020 07/31/2020 08/13/2020 0.0213 Monthly
2020 06/29/2020 06/30/2020 07/13/2020 0.0246 Monthly
2020 05/28/2020 05/29/2020 06/10/2020 0.0246 Monthly
2020 04/29/2020 04/30/2020 05/12/2020 0.0246 Monthly
2020 03/30/2020 03/31/2020 04/13/2020 0.0283 Monthly
2020 02/27/2020 02/28/2020 03/11/2020 0.0218 Monthly
2020 01/30/2020 01/31/2020 02/12/2020 0.0218 Monthly
2019 12/30/2019 12/31/2019 01/13/2020 0.0253 Monthly
2019 11/28/2019 11/29/2019 12/11/2019 0.0224 Monthly
2019 10/30/2019 10/31/2019 11/13/2019 0.0214 Monthly
2019 09/27/2019 09/30/2019 10/10/2019 0.0209 Monthly
2019 08/29/2019 08/30/2019 09/12/2019 0.0209 Monthly
2019 07/30/2019 07/31/2019 08/13/2019 0.0209 Monthly
2019 06/27/2019 06/28/2019 07/11/2019 0.0216 Monthly
2019 05/30/2019 05/31/2019 06/12/2019 0.0216 Monthly
2019 04/29/2019 04/30/2019 05/10/2019 0.0216 Monthly
2019 03/28/2019 03/29/2019 04/10/2019 0.0221 Monthly
2019 02/27/2019 02/28/2019 03/12/2019 0.0221 Monthly
2019 01/30/2019 01/31/2019 02/12/2019 0.0221 Monthly
2018 12/28/2018 12/31/2018 01/11/2019 0.0205 Monthly
2018 11/29/2018 11/30/2018 12/12/2018 0.0205 Monthly
2018 10/30/2018 10/31/2018 11/13/2018 0.0205 Monthly
2018 09/27/2018 09/28/2018 10/11/2018 0.0188 Monthly
2018 08/30/2018 08/31/2018 09/13/2018 0.0188 Monthly
2018 07/30/2018 07/31/2018 08/13/2018 0.0188 Monthly
2018 06/28/2018 06/29/2018 07/12/2018 0.0192 Monthly
2018 05/30/2018 05/31/2018 06/12/2018 0.0192 Monthly
2018 04/27/2018 04/30/2018 05/10/2018 0.0192 Monthly
2018 03/28/2018 03/29/2018 04/11/2018 0.0191 Monthly
2018 02/27/2018 02/28/2018 03/12/2018 0.0191 Monthly
2018 01/30/2018 01/31/2018 02/12/2018 0.0191 Monthly
2017 12/28/2017 12/29/2017 01/11/2018 0.0194 Monthly
2017 11/29/2017 11/30/2017 12/12/2017 0.0194 Monthly
2017 10/30/2017 10/31/2017 11/10/2017 0.0194 Monthly
2017 09/28/2017 09/29/2017 10/12/2017 0.0169 Monthly
2017 08/29/2017 08/31/2017 09/13/2017 0.0169 Monthly
2017 07/27/2017 07/31/2017 08/11/2017 0.0169 Monthly
2017 06/28/2017 06/30/2017 07/13/2017 0.0169 Monthly
2017 05/29/2017 05/31/2017 06/12/2017 0.0169 Monthly
2017 04/25/2017 04/27/2017 05/09/2017 0.0169 Monthly
2017 03/29/2017 03/31/2017 04/12/2017 0.0178 Monthly
2017 02/24/2017 02/28/2017 03/10/2017 0.0178 Monthly
2017 01/27/2017 01/31/2017 02/10/2017 0.0178 Monthly
2016 12/28/2016 12/30/2016 01/12/2017 0.018 Monthly
2016 11/28/2016 11/30/2016 12/01/2016 0.0176 Monthly
2016 10/27/2016 10/31/2016 11/10/2016 0.0176 Monthly
2016 09/28/2016 09/30/2016 10/13/2016 0.017 Monthly
2016 08/29/2016 08/31/2016 09/13/2016 0.0176 Monthly
2016 07/27/2016 07/29/2016 08/11/2016 0.017 Monthly
2016 06/28/2016 06/30/2016 07/13/2016 0.0155 Monthly
2016 05/27/2016 05/31/2016 06/18/2016 0.0155 Monthly
2016 04/27/2016 04/29/2016 05/11/2016 0.0155 Monthly
2016 03/29/2016 03/31/2016 04/12/2016 0.0155 Monthly
2016 02/25/2016 02/29/2016 03/10/2016 0.0155 Monthly
2016 01/27/2016 01/29/2016 02/10/2016 0.0155 Monthly
2015 12/29/2015 12/31/2015 01/13/2016 0.0186 Monthly
2015 11/26/2015 11/30/2015 12/10/2015 0.0186 Monthly
2015 10/28/2015 10/31/2015 11/12/2015 0.0186 Monthly
2015 09/28/2015 09/30/2015 10/13/2015 0.0163 Monthly
2015 08/27/2015 08/31/2015 09/11/2015 0.0163 Monthly
2015 07/29/2015 07/31/2015 08/13/2015 0.0163 Monthly
2015 06/26/2015 06/30/2015 07/13/2015 0.017 Monthly
2015 05/27/2015 05/29/2015 06/10/2015 0.017 Monthly
2015 04/28/2015 04/30/2015 05/12/2015 0.017 Monthly
2015 03/27/2015 03/31/2015 04/13/2015 0.0187 Monthly
2015 02/25/2015 02/27/2015 03/11/2015 0.0187 Monthly
2015 01/28/2015 01/30/2015 02/11/2015 0.0187 Monthly
2014 12/29/2014 12/31/2014 01/13/2015 0.0181 Monthly
2014 11/26/2014 11/28/2014 12/10/2014 0.0177 Monthly
2014 10/29/2014 10/31/2014 11/12/2014 0.0177 Monthly
2014 09/26/2014 09/30/2014 10/10/2014 0.0185 Monthly
2014 08/27/2014 08/29/2014 09/11/2014 0.0185 Monthly
2014 07/29/2014 07/31/2014 08/13/2014 0.0185 Monthly
2014 06/26/2014 06/30/2014 07/11/2014 0.0185 Monthly
2014 05/28/2014 05/30/2014 06/11/2014 0.0185 Monthly
2014 04/28/2014 04/30/2014 05/12/2014 0.0185 Monthly
2014 03/27/2014 03/31/2014 04/10/2014 0.0181 Monthly
2014 02/26/2014 02/28/2014 03/10/2014 0.0181 Monthly
2014 01/29/2014 01/31/2014 02/12/2014 0.0181 Monthly
2013 12/27/2013 12/31/2013 01/13/2014 0.0202 Monthly
2013 11/27/2013 11/29/2013 12/11/2013 0.0202 Monthly
2013 10/29/2013 10/31/2013 11/12/2013 0.0202 Monthly
2013 09/26/2013 09/30/2013 10/10/2013 0.0204 Monthly
2013 08/28/2013 08/30/2013 09/12/2013 0.0204 Monthly
2013 07/29/2013 07/31/2013 08/13/2013 0.0204 Monthly
2013 06/26/2013 06/28/2013 07/11/2013 0.0206 Monthly
2013 05/29/2013 05/31/2013 06/12/2013 0.0206 Monthly
2013 04/26/2013 04/30/2013 05/10/2013 0.0206 Monthly
2013 03/26/2013 03/28/2013 04/10/2013 0.0213 Monthly
2013 02/26/2013 02/28/2013 03/12/2013 0.0213 Monthly
2013 01/29/2013 01/31/2013 02/12/2013 0.0213 Monthly
2012 12/27/2012 12/31/2012 01/11/2013 0.0194 Monthly
2012 11/28/2012 11/30/2012 12/12/2012 0.0194 Monthly
2012 10/29/2012 10/31/2012 11/09/2012 0.0194 Monthly
2012 09/26/2012 09/28/2012 10/11/2012 0.0216 Monthly
2012 08/29/2012 08/31/2012 09/13/2012 0.0216 Monthly
2012 07/27/2012 07/31/2012 08/13/2012 0.0216 Monthly
2012 06/27/2012 06/29/2012 07/12/2012 0.0195 Monthly
2012 05/29/2012 05/31/2012 06/12/2012 0.0195 Monthly
2012 04/26/2012 04/30/2012 05/10/2012 0.0195 Monthly
2012 03/28/2012 03/30/2012 04/12/2012 0.0212 Monthly
2012 02/27/2012 02/29/2012 03/12/2012 0.0212 Monthly
2012 01/27/2012 01/31/2012 02/10/2012 0.0212 Monthly
2011 12/28/2011 12/30/2011 01/12/2012 0.0226 Monthly
2011 11/28/2011 11/30/2011 12/12/2011 0.0226 Monthly
2011 10/27/2011 10/31/2011 11/10/2011 0.0226 Monthly
2011 09/28/2011 09/30/2011 10/13/2011 0.0208 Monthly
2011 08/29/2011 08/31/2011 09/13/2011 0.0208 Monthly
2011 07/27/2011 07/29/2011 08/11/2011 0.0208 Monthly
2011 06/27/2011 06/29/2011 07/12/2011 0.0215 Monthly
2011 05/27/2011 05/31/2011 06/10/2011 0.0215 Monthly
2011 04/27/2011 04/29/2011 05/11/2011 0.0215 Monthly
2011 03/29/2011 03/31/2011 04/12/2011 0.0216 Monthly
2011 02/24/2011 02/28/2011 03/10/2011 0.0216 Monthly
2011 01/27/2011 01/31/2011 02/10/2011 0.0345 Monthly

Sector Allocation

As at October 31, 2022
Financials 56.41%
Energy 13.00%
Real Estate 10.70%
Communication 7.21%
Industrial Services 5.67%
Cash & Equivalents 4.48%
Securitization 1.49%
Infrastructure 0.83%
Provincial 0.22%

Credit Ratings

As at October 31, 2022
AAA 1.56%
AA- 0.02%
A+ 3.11%
A 10.58%
A- 23.84%
BBB+ 27.76%
BBB 19.02%
BBB- 9.75%
BB+ 2.77%
BB 1.26%
BB- 0.33%

Top 10 Holdings

As at October 31, 2022
Security Name Weight
Pembina Pipeline Corp 2.99% 22-Jan-2024 2.52%
Federation Caisses Desjrdns QC 2.86% 26-May-2030 2.20%
Choice Properties REIT 3.56% 09-Sep-2024 1.73%
H&R REIT 3.37% 30-Jan-2024 1.58%
Transcanada Pipelines Ltd 3.80% 05-Apr-2027 1.55%
Brookfield Asset Managemnt Inc 5.04% 08-Mar-2024 1.47%
Inter Pipeline Ltd 2.61% 13-Sep-2023 1.34%
Wells Fargo & Co 3.87% 21-May-2025 1.29%
Rogers Communications Inc 3.65% 31-Mar-2027 1.29%
Manulife Financial Corp 4.06% 24-Feb-2032 1.25%
At a Glance

Stay Ahead of Canadian Interest Rates

Horizons Active Ultra-Short Term Investment Grade Bond ETF (HFR) is a highgrade corporate bond ETF designed to pay a higher yield as interest rates rise. By doing so, the market value of the ETF is less impacted by the effects, either negative or positive, of interest rate fluctuations.

Key Features

• Sub-advisor, Fiera Capital Corporation, is an experienced corporate fixed income manager
• Offers a floating rate of income linked to short-term interest rates
• Seeks to mitigate the negative impact of interest rate increases on a bond portfolio
• Keeps duration short
• Generally offers a higher yield than GICs and money market funds

Product Facts

Investment Objective

HFR is to generate income that is consistent with prevailing Canadian shortterm corporate bond yields while reducing the potential effects of Canadian interest rate fluctuations on HFR. HFR invests primarily in a portfolio of Canadian debt (including debt-like securities) directly, and hedges the portfolio’s interest rate risk by maintaining a portfolio duration that is not more than one year. HFR may also invest directly in debt of U.S. companies, as well as indirectly through investments in securities of Listed Funds. HFR uses derivatives, including interest rate swaps, to deliver a floating rate of income

Fund Details

Ticker
HFR
Inception Date
December 10, 2010
Net Assets ?
$453,420,362
As at November 29, 2022
Consolidated Prior Day Volume ?
1,565,920
For November 29, 2022
Average Daily Trading Volume Over a 12 Month Period ?
242,002
As at November 29, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.40%
(Plus applicable sales tax)
Management Expense Ratio ?
0.47%
 As at June 30, 2022
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
549300D74BMB1ZVQF977
Most Recent Distributions Per Unit
0.04229
Estimated Annualized Yield ?
5.22%
12-Month Trailing Yield ?
2.75%
Distribution Frequency
Monthly
Record Date
November 30, 2022
NAV / Unit
$9.6812
Price
$9.66
Premium Discount
$-0.02
Premium Discount Percentage
-0.22%
Outstanding Shares
46,835,008
Weighted Average Duration ?
0.74
Average Credit Quality ?
BBB+
Weighted Average Coupon ?
4.75
Weighted Average Yield to Maturity ?
5.39

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 Active Ultra-Short Term Investment Grade Bond ETF 0.06 0.03 0.27 -2.06 -1.90 0.95 1.50 1.77 2.01

**Fund performance since inception on December 10, 2010, as at October 31, 2022

Calendar Year Performance (%)

2014 2015 2016 2017 2018 2019 2020 2021
Horizons Active Ultra-Short Term Investment Grade Bond ETF 2.42 0.09 2.83 2.35 0.93 4.29 3.40 0.83

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2022 11/29/2022 11/30/2022 12/12/2022 0.04229 Monthly
2022 10/28/2022 10/31/2022 11/10/2022 0.04229 Monthly
2022 09/28/2022 09/29/2022 10/13/2022 0.04229 Monthly
2022 08/30/2022 08/31/2022 09/13/2022 0.03628 Monthly
2022 07/28/2022 07/29/2022 08/11/2022 0.02655 Monthly
2022 06/29/2022 06/30/2022 07/13/2022 0.01975 Monthly
2022 05/30/2022 05/31/2022 06/10/2022 0.01975 Monthly
2022 04/28/2022 04/29/2022 05/11/2022 0.01975 Monthly
2022 03/30/2022 03/31/2022 04/12/2022 0.01363 Monthly
2022 02/25/2022 02/28/2022 03/10/2022 0.01163 Monthly
2022 01/28/2022 01/31/2022 02/10/2022 0.01163 Monthly
2021 12/30/2021 12/31/2021 01/13/2022 0.01239 Monthly
2021 11/29/2021 11/30/2021 12/10/2021 0.00923 Monthly
2021 10/28/2021 10/29/2021 11/10/2021 0.00923 Monthly
2021 09/28/2021 09/29/2021 10/13/2021 0.00945 Monthly
2021 08/30/2021 08/31/2021 09/13/2021 0.00945 Monthly
2021 07/29/2021 07/30/2021 08/12/2021 0.00945 Monthly
2021 06/29/2021 06/30/2021 07/13/2021 0.0097 Monthly
2021 05/28/2021 05/31/2021 06/10/2021 0.0097 Monthly
2021 04/29/2021 04/30/2021 05/12/2021 0.0097 Monthly
2021 03/30/2021 03/31/2021 04/13/2021 0.0101 Monthly
2021 02/25/2021 02/26/2021 03/10/2021 0.0109 Monthly
2021 01/28/2021 01/29/2021 02/10/2021 0.021 Monthly
2020 12/30/2020 12/31/2020 01/13/2021 0.021 Monthly
2020 11/27/2020 11/30/2020 12/10/2020 0.021 Monthly
2020 10/29/2020 10/30/2020 11/12/2020 0.021 Monthly
2020 09/29/2020 09/30/2020 10/13/2020 0.0213 Monthly
2020 08/28/2020 08/31/2020 09/11/2020 0.0213 Monthly
2020 07/30/2020 07/31/2020 08/13/2020 0.0213 Monthly
2020 06/29/2020 06/30/2020 07/13/2020 0.0246 Monthly
2020 05/28/2020 05/29/2020 06/10/2020 0.0246 Monthly
2020 04/29/2020 04/30/2020 05/12/2020 0.0246 Monthly
2020 03/30/2020 03/31/2020 04/13/2020 0.0283 Monthly
2020 02/27/2020 02/28/2020 03/11/2020 0.0218 Monthly
2020 01/30/2020 01/31/2020 02/12/2020 0.0218 Monthly
2019 12/30/2019 12/31/2019 01/13/2020 0.0253 Monthly
2019 11/28/2019 11/29/2019 12/11/2019 0.0224 Monthly
2019 10/30/2019 10/31/2019 11/13/2019 0.0214 Monthly
2019 09/27/2019 09/30/2019 10/10/2019 0.0209 Monthly
2019 08/29/2019 08/30/2019 09/12/2019 0.0209 Monthly
2019 07/30/2019 07/31/2019 08/13/2019 0.0209 Monthly
2019 06/27/2019 06/28/2019 07/11/2019 0.0216 Monthly
2019 05/30/2019 05/31/2019 06/12/2019 0.0216 Monthly
2019 04/29/2019 04/30/2019 05/10/2019 0.0216 Monthly
2019 03/28/2019 03/29/2019 04/10/2019 0.0221 Monthly
2019 02/27/2019 02/28/2019 03/12/2019 0.0221 Monthly
2019 01/30/2019 01/31/2019 02/12/2019 0.0221 Monthly
2018 12/28/2018 12/31/2018 01/11/2019 0.0205 Monthly
2018 11/29/2018 11/30/2018 12/12/2018 0.0205 Monthly
2018 10/30/2018 10/31/2018 11/13/2018 0.0205 Monthly
2018 09/27/2018 09/28/2018 10/11/2018 0.0188 Monthly
2018 08/30/2018 08/31/2018 09/13/2018 0.0188 Monthly
2018 07/30/2018 07/31/2018 08/13/2018 0.0188 Monthly
2018 06/28/2018 06/29/2018 07/12/2018 0.0192 Monthly
2018 05/30/2018 05/31/2018 06/12/2018 0.0192 Monthly
2018 04/27/2018 04/30/2018 05/10/2018 0.0192 Monthly
2018 03/28/2018 03/29/2018 04/11/2018 0.0191 Monthly
2018 02/27/2018 02/28/2018 03/12/2018 0.0191 Monthly
2018 01/30/2018 01/31/2018 02/12/2018 0.0191 Monthly
2017 12/28/2017 12/29/2017 01/11/2018 0.0194 Monthly
2017 11/29/2017 11/30/2017 12/12/2017 0.0194 Monthly
2017 10/30/2017 10/31/2017 11/10/2017 0.0194 Monthly
2017 09/28/2017 09/29/2017 10/12/2017 0.0169 Monthly
2017 08/29/2017 08/31/2017 09/13/2017 0.0169 Monthly
2017 07/27/2017 07/31/2017 08/11/2017 0.0169 Monthly
2017 06/28/2017 06/30/2017 07/13/2017 0.0169 Monthly
2017 05/29/2017 05/31/2017 06/12/2017 0.0169 Monthly
2017 04/25/2017 04/27/2017 05/09/2017 0.0169 Monthly
2017 03/29/2017 03/31/2017 04/12/2017 0.0178 Monthly
2017 02/24/2017 02/28/2017 03/10/2017 0.0178 Monthly
2017 01/27/2017 01/31/2017 02/10/2017 0.0178 Monthly
2016 12/28/2016 12/30/2016 01/12/2017 0.018 Monthly
2016 11/28/2016 11/30/2016 12/01/2016 0.0176 Monthly
2016 10/27/2016 10/31/2016 11/10/2016 0.0176 Monthly
2016 09/28/2016 09/30/2016 10/13/2016 0.017 Monthly
2016 08/29/2016 08/31/2016 09/13/2016 0.0176 Monthly
2016 07/27/2016 07/29/2016 08/11/2016 0.017 Monthly
2016 06/28/2016 06/30/2016 07/13/2016 0.0155 Monthly
2016 05/27/2016 05/31/2016 06/18/2016 0.0155 Monthly
2016 04/27/2016 04/29/2016 05/11/2016 0.0155 Monthly
2016 03/29/2016 03/31/2016 04/12/2016 0.0155 Monthly
2016 02/25/2016 02/29/2016 03/10/2016 0.0155 Monthly
2016 01/27/2016 01/29/2016 02/10/2016 0.0155 Monthly
2015 12/29/2015 12/31/2015 01/13/2016 0.0186 Monthly
2015 11/26/2015 11/30/2015 12/10/2015 0.0186 Monthly
2015 10/28/2015 10/31/2015 11/12/2015 0.0186 Monthly
2015 09/28/2015 09/30/2015 10/13/2015 0.0163 Monthly
2015 08/27/2015 08/31/2015 09/11/2015 0.0163 Monthly
2015 07/29/2015 07/31/2015 08/13/2015 0.0163 Monthly
2015 06/26/2015 06/30/2015 07/13/2015 0.017 Monthly
2015 05/27/2015 05/29/2015 06/10/2015 0.017 Monthly
2015 04/28/2015 04/30/2015 05/12/2015 0.017 Monthly
2015 03/27/2015 03/31/2015 04/13/2015 0.0187 Monthly
2015 02/25/2015 02/27/2015 03/11/2015 0.0187 Monthly
2015 01/28/2015 01/30/2015 02/11/2015 0.0187 Monthly
2014 12/29/2014 12/31/2014 01/13/2015 0.0181 Monthly
2014 11/26/2014 11/28/2014 12/10/2014 0.0177 Monthly
2014 10/29/2014 10/31/2014 11/12/2014 0.0177 Monthly
2014 09/26/2014 09/30/2014 10/10/2014 0.0185 Monthly
2014 08/27/2014 08/29/2014 09/11/2014 0.0185 Monthly
2014 07/29/2014 07/31/2014 08/13/2014 0.0185 Monthly
2014 06/26/2014 06/30/2014 07/11/2014 0.0185 Monthly
2014 05/28/2014 05/30/2014 06/11/2014 0.0185 Monthly
2014 04/28/2014 04/30/2014 05/12/2014 0.0185 Monthly
2014 03/27/2014 03/31/2014 04/10/2014 0.0181 Monthly
2014 02/26/2014 02/28/2014 03/10/2014 0.0181 Monthly
2014 01/29/2014 01/31/2014 02/12/2014 0.0181 Monthly
2013 12/27/2013 12/31/2013 01/13/2014 0.0202 Monthly
2013 11/27/2013 11/29/2013 12/11/2013 0.0202 Monthly
2013 10/29/2013 10/31/2013 11/12/2013 0.0202 Monthly
2013 09/26/2013 09/30/2013 10/10/2013 0.0204 Monthly
2013 08/28/2013 08/30/2013 09/12/2013 0.0204 Monthly
2013 07/29/2013 07/31/2013 08/13/2013 0.0204 Monthly
2013 06/26/2013 06/28/2013 07/11/2013 0.0206 Monthly
2013 05/29/2013 05/31/2013 06/12/2013 0.0206 Monthly
2013 04/26/2013 04/30/2013 05/10/2013 0.0206 Monthly
2013 03/26/2013 03/28/2013 04/10/2013 0.0213 Monthly
2013 02/26/2013 02/28/2013 03/12/2013 0.0213 Monthly
2013 01/29/2013 01/31/2013 02/12/2013 0.0213 Monthly
2012 12/27/2012 12/31/2012 01/11/2013 0.0194 Monthly
2012 11/28/2012 11/30/2012 12/12/2012 0.0194 Monthly
2012 10/29/2012 10/31/2012 11/09/2012 0.0194 Monthly
2012 09/26/2012 09/28/2012 10/11/2012 0.0216 Monthly
2012 08/29/2012 08/31/2012 09/13/2012 0.0216 Monthly
2012 07/27/2012 07/31/2012 08/13/2012 0.0216 Monthly
2012 06/27/2012 06/29/2012 07/12/2012 0.0195 Monthly
2012 05/29/2012 05/31/2012 06/12/2012 0.0195 Monthly
2012 04/26/2012 04/30/2012 05/10/2012 0.0195 Monthly
2012 03/28/2012 03/30/2012 04/12/2012 0.0212 Monthly
2012 02/27/2012 02/29/2012 03/12/2012 0.0212 Monthly
2012 01/27/2012 01/31/2012 02/10/2012 0.0212 Monthly
2011 12/28/2011 12/30/2011 01/12/2012 0.0226 Monthly
2011 11/28/2011 11/30/2011 12/12/2011 0.0226 Monthly
2011 10/27/2011 10/31/2011 11/10/2011 0.0226 Monthly
2011 09/28/2011 09/30/2011 10/13/2011 0.0208 Monthly
2011 08/29/2011 08/31/2011 09/13/2011 0.0208 Monthly
2011 07/27/2011 07/29/2011 08/11/2011 0.0208 Monthly
2011 06/27/2011 06/29/2011 07/12/2011 0.0215 Monthly
2011 05/27/2011 05/31/2011 06/10/2011 0.0215 Monthly
2011 04/27/2011 04/29/2011 05/11/2011 0.0215 Monthly
2011 03/29/2011 03/31/2011 04/12/2011 0.0216 Monthly
2011 02/24/2011 02/28/2011 03/10/2011 0.0216 Monthly
2011 01/27/2011 01/31/2011 02/10/2011 0.0345 Monthly
Holdings

Sector Allocation

As at October 31, 2022
Financials 56.41%
Energy 13.00%
Real Estate 10.70%
Communication 7.21%
Industrial Services 5.67%
Cash & Equivalents 4.48%
Securitization 1.49%
Infrastructure 0.83%
Provincial 0.22%

Credit Ratings

As at October 31, 2022
AAA 1.56%
AA- 0.02%
A+ 3.11%
A 10.58%
A- 23.84%
BBB+ 27.76%
BBB 19.02%
BBB- 9.75%
BB+ 2.77%
BB 1.26%
BB- 0.33%

Top 10 Holdings

As at October 31, 2022
Security Name Weight
Pembina Pipeline Corp 2.99% 22-Jan-2024 2.52%
Federation Caisses Desjrdns QC 2.86% 26-May-2030 2.20%
Choice Properties REIT 3.56% 09-Sep-2024 1.73%
H&R REIT 3.37% 30-Jan-2024 1.58%
Transcanada Pipelines Ltd 3.80% 05-Apr-2027 1.55%
Brookfield Asset Managemnt Inc 5.04% 08-Mar-2024 1.47%
Inter Pipeline Ltd 2.61% 13-Sep-2023 1.34%
Wells Fargo & Co 3.87% 21-May-2025 1.29%
Rogers Communications Inc 3.65% 31-Mar-2027 1.29%
Manulife Financial Corp 4.06% 24-Feb-2032 1.25%

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