UTIL
Investment Objective
UTIL seeks to replicate, to the extent possible, the performance of an index that seeks to provide exposure to the performance of TSX-listed high dividend paying utility services companies. Currently, UTIL seeks to replicate the performance of the Solactive Canadian Utility Services High Dividend Index, net of expenses.
Fund Details
Ticker
UTIL
Inception Date
August 09, 2022
Net Assets ?
$5,767,098
As at September 22, 2023
Consolidated Prior Day Volume ?
350
For September 22, 2023
Average Daily Trading Volume Over a 12 Month Period ?
6,125
As at September 22, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLCUHDT
Management Fee
0.50%
(Plus applicable sales tax)
Management Expense Ratio ?
0.61%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
LEI ?
549300L7OKPNZ03W3U55
Distribution Metrics
Most Recent Distributions Per Unit
$0.07600
Annualized Distribution Yield ?
4.59 %
As at September 22, 2023
12-Month Trailing Yield ?
4.59 %
Distribution Frequency
Monthly
Record Date
August 31, 2023
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 Canadian Utility Services High Dividend Index ETF | -3.32 | -7.09 | -5.87 | -5.09 | -15.13 | -- | -- | -- | -14.98 |
**Fund performance since inception on August 09, 2022, as at August 31, 2023
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 |
|---|---|---|---|---|---|---|
| 2023 | 08/30/2023 | 08/31/2023 | 09/08/2023 | 0.076 | — | Monthly |
| 2023 | 07/28/2023 | 07/31/2023 | 08/08/2023 | 0.076 | — | Monthly |
| 2023 | 06/29/2023 | 06/30/2023 | 07/10/2023 | 0.074 | — | Monthly |
| 2023 | 05/30/2023 | 05/31/2023 | 06/07/2023 | 0.074 | — | Monthly |
| 2023 | 05/25/2023 | 05/31/2023 | 06/07/2023 | 0.074 | — | Monthly |
| 2023 | 04/27/2023 | 04/28/2023 | 05/05/2023 | 0.074 | — | Monthly |
| 2023 | 03/30/2023 | 03/31/2023 | 04/10/2023 | 0.0748 | — | Monthly |
| 2023 | 02/27/2023 | 02/28/2023 | 03/07/2023 | 0.0748 | — | Monthly |
| 2023 | 01/30/2023 | 01/31/2023 | 02/10/2023 | 0.0748 | — | Monthly |
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.08007 | — | Monthly |
| 2022 | 11/29/2022 | 11/30/2022 | 12/12/2022 | 0.08007 | — | Monthly |
| 2022 | 10/28/2022 | 10/31/2022 | 11/10/2022 | 0.08007 | — | Monthly |
| 2022 | 09/28/2022 | 09/29/2022 | 10/13/2022 | 0.084 | — | Monthly |
| 2022 | 08/30/2022 | 08/31/2022 | 09/13/2022 | 0.084 | — | Monthly |
Top 10 Holdings
As at September 15, 2023| Security Name | Weight |
|---|---|
| Hydro One Ltd | 8.98% |
| Fortis Inc | 8.88% |
| Pembina Pipeline Corp | 8.68% |
| Rogers Communications Inc Cl B | 8.59% |
| Emera Inc | 8.47% |
| Enbridge Inc | 8.44% |
| TC Energy Corp | 8.19% |
| Telus Corp | 8.12% |
| Brookfield Infrastructure Partners LP - Units | 8.12% |
| BCE Inc | 8.10% |
Holdings are subject to change. Download full prior business day: Holdings
Education
Regulatory and Legal
At a Glance
Investment Objective
UTIL seeks to replicate, to the extent possible, the performance of an index that seeks to provide exposure to the performance of TSX-listed high dividend paying utility services companies. Currently, UTIL seeks to replicate the performance of the Solactive Canadian Utility Services High Dividend Index, net of expenses.
Product Facts
Fund Details
Ticker
UTIL
Inception Date
August 09, 2022
Net Assets ?
$5,767,098
As at September 22, 2023
Consolidated Prior Day Volume ?
350
ForSeptember 22, 2023
Average Daily Trading Volume Over a 12 Month Period ?
6,125
As at September 22, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLCUHDT
Management Fee
0.50%
(Plus applicable sales tax)
Management Expense Ratio ?
0.61%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
LEI ?
549300L7OKPNZ03W3U55
Distribution Metrics
As at September 22, 2023
Most Recent Distributions Per Unit
0.076
Annualized Distribution Yield ?
4.59 %
As at September 22, 2023
12-Month Trailing Yield ?
4.59 %
Distribution Frequency
Monthly
Record Date
August 31, 2023
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 Canadian Utility Services High Dividend Index ETF | -3.32 | -7.09 | -5.87 | -5.09 | -15.13 | -- | -- | -- | -14.98 |
**Fund performance since inception on August 09, 2022, as at August 31, 2023
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 |
|---|---|---|---|---|---|---|
| 2023 | 08/30/2023 | 08/31/2023 | 09/08/2023 | 0.076 | Monthly | |
| 2023 | 07/28/2023 | 07/31/2023 | 08/08/2023 | 0.076 | Monthly | |
| 2023 | 06/29/2023 | 06/30/2023 | 07/10/2023 | 0.074 | Monthly | |
| 2023 | 05/30/2023 | 05/31/2023 | 06/07/2023 | 0.074 | Monthly | |
| 2023 | 05/25/2023 | 05/31/2023 | 06/07/2023 | 0.074 | Monthly | |
| 2023 | 04/27/2023 | 04/28/2023 | 05/05/2023 | 0.074 | Monthly | |
| 2023 | 03/30/2023 | 03/31/2023 | 04/10/2023 | 0.0748 | Monthly | |
| 2023 | 02/27/2023 | 02/28/2023 | 03/07/2023 | 0.0748 | Monthly | |
| 2023 | 01/30/2023 | 01/31/2023 | 02/10/2023 | 0.0748 | Monthly | |
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.08007 | Monthly | |
| 2022 | 11/29/2022 | 11/30/2022 | 12/12/2022 | 0.08007 | Monthly | |
| 2022 | 10/28/2022 | 10/31/2022 | 11/10/2022 | 0.08007 | Monthly | |
| 2022 | 09/28/2022 | 09/29/2022 | 10/13/2022 | 0.084 | Monthly | |
| 2022 | 08/30/2022 | 08/31/2022 | 09/13/2022 | 0.084 | Monthly |
Holdings
Top 10 Holdings
As at September 15, 2023| Security Name | Weight |
|---|---|
| Hydro One Ltd | 8.98% |
| Fortis Inc | 8.88% |
| Pembina Pipeline Corp | 8.68% |
| Rogers Communications Inc Cl B | 8.59% |
| Emera Inc | 8.47% |
| Enbridge Inc | 8.44% |
| TC Energy Corp | 8.19% |
| Telus Corp | 8.12% |
| Brookfield Infrastructure Partners LP - Units | 8.12% |
| BCE Inc | 8.10% |
Holdings are subject to change. Download full prior business day: Holdings
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