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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
$11.15
$-0.12
-1.06%
NAV
$11.2092
$-0.0103
-0.09%

Active

Corporate Class – Alternative

Fact Sheet
Learn more about HRAA
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HGGB

Horizons S&P Green Bond Index ETF

Get Exposure to a Global Universe of U.S. Dollar Denominated Green Bonds

A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for projects that have climate and environmental objectives and benefits. Horizons S&P Green Bond Index ETF (HGGB) is the first Canadian-listed ETF focused on providing exposure to the global green-labelled bonds issued in U.S. dollars.

Key Features

• Green Bonds: Canada’s First globally focused ETF that invests exclusively in Green bond issuances
• True “Green” Verification: All issuers in the Underlying Index are independently verified by the Climate Bonds Initiative, an international, investor-focused not-for-profit
• Global Exposure: The ETF portfolio provides global exposure for Canadian investors
• Global Bond Trading Optimization: Transacting global bonds in Canada can be difficult from a liquidity standpoint. Horizons will use a Sub-Advisor to optimize trading execution and utilize stratified sampling to replicate the Underlying Index

Investment Objective

HGGB seeks to replicate, to the extent possible and net of expenses, the performance of a market index that is designed to provide exposure to the performance of global green-labeled bonds issued in U.S. dollars that are subject to stringent eligibility criteria to fund projects that have positive environmental or climate benefits. Currently, the ETF seeks to replicate the performance of the S&P Green Bond US Dollar Select Index, net of expenses. The ETF seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times

Fund Details

Ticker
HGGB
Inception Date
June 01, 2021
Net Assets ?
$5,402,119
As at  November 29, 2022
Consolidated Prior Day Volume ?
249
For  November 29, 2022
Average Daily Trading Volume Over a 12 Month Period ?
577
As at  November 29, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SPGRUSST
Management Fee
0.45%
(Plus applicable sales tax)
Management Expense Ratio ?
0.55%
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 ?
549300GNSLV02XCM9N37
Most Recent Distributions Per Unit
0.27076
Estimated Annualized Yield ?
5.10 %
12-Month Trailing Yield ?
2.81 %
Distribution Frequency
Quarterly
Record Date
September 29, 2022
NAV / Unit
$21.6083
Price
$21.64
Premium Discount
$0.03
Premium Discount Percentage
0.15%
Outstanding Shares
250,002
Weighted Average Duration ?
4.85
Average Credit Quality ?
A-
Weighted Average Coupon ?
3.41
Weighted Average Yield to Maturity ?
6.01

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 S&P Green Bond Index ETF 0.13 -5.12 -5.32 -12.96 -12.98 -- -- -- -9.45
S&P Green Bond U.S. Dollar Select Index -1.03 -4.58 -4.52 -12.21 -10.50 -- -- -- -7.75

**Fund performance since inception on June 01, 2021, as at October 31, 2022

Calendar Year Performance (%) *

Calendar year performance data is not currently available.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2022 09/28/2022 09/29/2022 10/13/2022 0.27076 Quarterly
2022 06/29/2022 06/30/2022 07/13/2022 0.1195 Quarterly
2022 03/30/2022 03/31/2022 04/12/2022 0.07002 Quarterly
2021 12/30/2021 12/31/2021 01/13/2022 0.12808 Quarterly
2021 09/28/2021 09/29/2021 10/13/2021 0.19627 Quarterly

Sector Allocation

As at October 31, 2022
Financial Institutions 22.08%
Utility 16.04%
Agency 14.95%
Sovereign 13.80%
Industrial Services 13.71%
Supranational 7.43%
Cmbs 6.65%
Cash 5.34%

Credit Ratings

As at October 31, 2022
AAA 12.77%
AA 15.91%
A 24.11%
BBB 26.20%
BB 12.00%
B 4.41%
Unrated 4.60%

Geographic Exposure

As at October 31, 2022
United States 38.21%
Netherlands 10.69%
Luxembourg 7.43%
United Kingdom 5.25%
Indonesia 5.23%
South Korea 5.10%
Chile 4.89%
Austria 4.69%
Peru 4.60%
Egypt 4.41%
Hong Kong 4.17%

Top 10 Holdings

As at November 25, 2022
Security Name Weight
European Investment Bank 2.88% 13-Jun-2025 7.05%
Public Service Electric Gas Co 3.10% 15-Mar-2032 5.59%
Coop Rabobank UA 1.11% 24-Feb-2027 5.45%
State Bank of India 4.50% 28-Sep-2023 5.00%
Perushaan Pnrbt SBSN Indns III 3.90% 20-Aug-2024 4.98%
ING Groep NV 4.63% 06-Jan-2026 4.92%
Inversiones CMPC SA 4.38% 04-Apr-2027 4.83%
Korea Electric Power Corp 2.50% 24-Jun-2024 4.83%
Klabin Austria GmbH 7.00% 03-Apr-2049 4.77%
Pattern Energy Operations LP 4.50% 15-Aug-2028 4.55%

Holdings are subject to change. Download full prior business day: Holdings

At a Glance

Get Exposure to a Global Universe of U.S. Dollar Denominated Green Bonds

A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for projects that have climate and environmental objectives and benefits. Horizons S&P Green Bond Index ETF (HGGB) is the first Canadian-listed ETF focused on providing exposure to the global green-labelled bonds issued in U.S. dollars.

Key Features

• Green Bonds: Canada’s First globally focused ETF that invests exclusively in Green bond issuances
• True “Green” Verification: All issuers in the Underlying Index are independently verified by the Climate Bonds Initiative, an international, investor-focused not-for-profit
• Global Exposure: The ETF portfolio provides global exposure for Canadian investors
• Global Bond Trading Optimization: Transacting global bonds in Canada can be difficult from a liquidity standpoint. Horizons will use a Sub-Advisor to optimize trading execution and utilize stratified sampling to replicate the Underlying Index

Product Facts

Investment Objective

HGGB seeks to replicate, to the extent possible and net of expenses, the performance of a market index that is designed to provide exposure to the performance of global green-labeled bonds issued in U.S. dollars that are subject to stringent eligibility criteria to fund projects that have positive environmental or climate benefits. Currently, the ETF seeks to replicate the performance of the S&P Green Bond US Dollar Select Index, net of expenses. The ETF seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times

Fund Details

Ticker
HGGB
Inception Date
June 01, 2021
Net Assets ?
$5,402,119
As at November 29, 2022
Consolidated Prior Day Volume ?
249
For November 29, 2022
Average Daily Trading Volume Over a 12 Month Period ?
577
As at November 29, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SPGRUSST
Management Fee
0.45%
(Plus applicable sales tax)
Management Expense Ratio ?
0.55%
 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 ?
549300GNSLV02XCM9N37
Most Recent Distributions Per Unit
0.27076
Estimated Annualized Yield ?
5.10%
12-Month Trailing Yield ?
2.81%
Distribution Frequency
Quarterly
Record Date
September 29, 2022
NAV / Unit
$21.6083
Price
$21.64
Premium Discount
$0.03
Premium Discount Percentage
0.15%
Outstanding Shares
250,002
Weighted Average Duration ?
4.85
Average Credit Quality ?
A-
Weighted Average Coupon ?
3.41
Weighted Average Yield to Maturity ?
6.01

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 S&P Green Bond Index ETF 0.13 -5.12 -5.32 -12.96 -12.98 -- -- -- -9.45
S&P Green Bond U.S. Dollar Select Index -1.03 -4.58 -4.52 -12.21 -10.50 -- -- -- -7.75

**Fund performance since inception on June 01, 2021, as at October 31, 2022

Calendar Year Performance (%)

Calendar year performance data is not currently available.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2022 09/28/2022 09/29/2022 10/13/2022 0.27076 Quarterly
2022 06/29/2022 06/30/2022 07/13/2022 0.1195 Quarterly
2022 03/30/2022 03/31/2022 04/12/2022 0.07002 Quarterly
2021 12/30/2021 12/31/2021 01/13/2022 0.12808 Quarterly
2021 09/28/2021 09/29/2021 10/13/2021 0.19627 Quarterly
Holdings

Sector Allocation

As at October 31, 2022
Financial Institutions 22.08%
Utility 16.04%
Agency 14.95%
Sovereign 13.80%
Industrial Services 13.71%
Supranational 7.43%
Cmbs 6.65%
Cash 5.34%

Credit Ratings

As at October 31, 2022
AAA 12.77%
AA 15.91%
A 24.11%
BBB 26.20%
BB 12.00%
B 4.41%
Unrated 4.60%

Geographic Exposure

As at  October 31, 2022
United States 38.21%
Netherlands 10.69%
Luxembourg 7.43%
United Kingdom 5.25%
Indonesia 5.23%
South Korea 5.10%
Chile 4.89%
Austria 4.69%
Peru 4.60%
Egypt 4.41%
Hong Kong 4.17%

Top 10 Holdings

As at November 25, 2022
Security Name Weight
European Investment Bank 2.88% 13-Jun-2025 7.05%
Public Service Electric Gas Co 3.10% 15-Mar-2032 5.59%
Coop Rabobank UA 1.11% 24-Feb-2027 5.45%
State Bank of India 4.50% 28-Sep-2023 5.00%
Perushaan Pnrbt SBSN Indns III 3.90% 20-Aug-2024 4.98%
ING Groep NV 4.63% 06-Jan-2026 4.92%
Inversiones CMPC SA 4.38% 04-Apr-2027 4.83%
Korea Electric Power Corp 2.50% 24-Jun-2024 4.83%
Klabin Austria GmbH 7.00% 03-Apr-2049 4.77%
Pattern Energy Operations LP 4.50% 15-Aug-2028 4.55%

Holdings are subject to change. Download full prior business day: Holdings

Related Posts

At Horizons ETFs, we believe in education as empowerment. We endeavor to equip Canadian investors with the knowledge and tools they need to navigate the investing world. From the ETF basics to more complex topics like how our suite of inverse and leveraged funds work, our comprehensive learning library aims to be accessible for all investors, from beginners to experienced traders!