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CASH

Horizons High Interest Savings ETF

Price
$50.05
$0.01
0.02%
NAV
$50.0400
$0.0058
0.01%

Benchmark

Fixed Income

Fact Sheet
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QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$9.75
$0.12
1.25%
NAV
$9.6692
$-0.0605
-0.62%

Active

Covered Call

Fact Sheet
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HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$11.11
$0.07
0.63%
NAV
$11.1682
$0.0634
0.57%

Active

Corporate Class – Alternative

Fact Sheet
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UTIL

Horizons Canadian Utility Services High Dividend Index ETF

Gain Exposure to Dividends From Canadian Utility Companies

Horizons Canadian Utility Services High Dividend Index ETF (UTIL) is an dividend-focused ETF that offers investors exposure to Canadian utility service companies listed on the Toronto Stock Exchange (TSX).

With UTIL, investors can gain exposure to three major segments of the utility services sector: utilities, pipelines and telecommunications, which have historically functioned as defensive industries, offering investors relative stability and consistent dividends, even during periods of volatility and bear markets.

Key Features

• Targeted exposure to high dividend paying Canadian utility service companies listed on the TSX
• Goes beyond traditional Utilities exposure to include Pipelines and Telecom companies
• Historically, the utility service sector has been considered a defensive investment because it can potentially provide consistent dividends and stability throughout all market cycle conditions
• The UTIL Index will employ minimum yield requirements for companies to be eligible for inclusion within its Index

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 ?
$16,095,588
As at  December 07, 2022
Consolidated Prior Day Volume ?
609
For  December 07, 2022
Average Daily Trading Volume Over a 12 Month Period ?
2,953
As at  December 07, 2022
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 ?
N/A - New ETF
Currency
CAD
Currency Hedging
N/A
LEI ?
549300L7OKPNZ03W3U55
Most Recent Distributions Per Unit
0.08007
Estimated Annualized Yield ?
4.14 %
12-Month Trailing Yield ?
1.09 %
Distribution Frequency
Monthly
Record Date
November 30, 2022
NAV / Unit
$22.6698
Price
$22.74
Premium Discount
$0.07
Premium Discount Percentage
0.31%
Outstanding Shares
710,000

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 (%) *

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

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 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 December 02, 2022
Security Name Weight
Pembina Pipeline Corp 10.74%
Hydro One Ltd 9.98%
Enbridge Inc 9.54%
Rogers Communications Inc Cl B 9.01%
TC Energy Corp 8.26%
Brookfield Infrastructure Partners LP - Units 8.22%
BCE Inc 8.20%
Telus Corp 8.10%
Fortis Inc 8.09%
Emera Inc 7.40%

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

At a Glance

Gain Exposure to Dividends From Canadian Utility Companies

Horizons Canadian Utility Services High Dividend Index ETF (UTIL) is an dividend-focused ETF that offers investors exposure to Canadian utility service companies listed on the Toronto Stock Exchange (TSX).

With UTIL, investors can gain exposure to three major segments of the utility services sector: utilities, pipelines and telecommunications, which have historically functioned as defensive industries, offering investors relative stability and consistent dividends, even during periods of volatility and bear markets.

Key Features

• Targeted exposure to high dividend paying Canadian utility service companies listed on the TSX
• Goes beyond traditional Utilities exposure to include Pipelines and Telecom companies
• Historically, the utility service sector has been considered a defensive investment because it can potentially provide consistent dividends and stability throughout all market cycle conditions
• The UTIL Index will employ minimum yield requirements for companies to be eligible for inclusion within its Index

Product Facts

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 ?
$16,095,588
As at December 07, 2022
Consolidated Prior Day Volume ?
609
For December 07, 2022
Average Daily Trading Volume Over a 12 Month Period ?
2,953
As at December 07, 2022
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 ?
N/A - New ETF
Currency
CAD
Currency Hedging
N/A
LEI ?
549300L7OKPNZ03W3U55
Most Recent Distributions Per Unit
0.08007
Estimated Annualized Yield ?
4.14%
12-Month Trailing Yield ?
1.09%
Distribution Frequency
Monthly
Record Date
November 30, 2022
NAV / Unit
$22.6698
Price
$22.74
Premium Discount
$0.07
Premium Discount Percentage
0.31%
Outstanding Shares
710,000

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 (%)

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

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 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 December 02, 2022
Security Name Weight
Pembina Pipeline Corp 10.74%
Hydro One Ltd 9.98%
Enbridge Inc 9.54%
Rogers Communications Inc Cl B 9.01%
TC Energy Corp 8.26%
Brookfield Infrastructure Partners LP - Units 8.22%
BCE Inc 8.20%
Telus Corp 8.10%
Fortis Inc 8.09%
Emera Inc 7.40%

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!