BKCC
Investment Objective
BKCC seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of equal-weighted equity securities of diversified Canadian banks (currently, the Solactive Equal Weight Canada Banks Index); and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, BKCC will employ a dynamic covered call option writing program.
Effective June 24, 2022, the investment objectives of the Horizons Equal Weight Canadian Bank Covered Call ETF (“BKCC”) (formerly Horizons Enhanced Income Financials ETF (“HEF”)) were changed following receipt of the required unitholder and regulatory approvals. The ETF traded under its new fund name and ticker symbol on June 27, 2022. For more information, please refer to the disclosure documents of BKCC on www.HorizonsETFs.com.
Fund Details
Ticker
BKCC
Inception Date
May 16, 2011
Net Assets ?
$14,634,185
As at March 22, 2023
Consolidated Prior Day Volume ?
16,933
For March 22, 2023
Average Daily Trading Volume Over a 12 Month Period ?
4,001
As at March 22, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.65%
(Plus applicable sales tax)
Management Expense Ratio ?
0.85%
As at June 30, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
5493002FIDB7T4SRE330
Distribution Metrics
Most Recent Distributions Per Unit
0.1
Estimated Annualized Yield ?
7.50 %
12-Month Trailing Yield ?
7.65 %
Distribution Frequency
Monthly
Record Date
February 28, 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 Equal Weight Canadian Bank Covered Call ETF | -1.02 | 0.33 | 6.80 | 6.51 | -9.35 | 5.77 | 3.54 | 5.72 | 4.91 |
**Fund performance since inception on May 16, 2011, as at February 28, 2023
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons Equal Weight Canadian Bank Covered Call ETF |
-3.68 | 18.34 | 11.61 | -14.66 | 19.14 | -2.92 | 28.30 | -14.29 |
Effective June 24, 2022, the investment objectives of the Horizons Equal Weight Canadian Bank Covered Call ETF (“BKCC”), (formerly Horizons Enhanced Income Financials ETF (“HEF”)) were changed to seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of equal-weighted equity securities of diversified Canadian banks (currently, the Solactive Equal Weight Canada Banks Index); and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, BKCC will employ a dynamic covered call option writing program. For more information, please refer to the disclosure documents of BKCC on www.HorizonsETFs.com.
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2023 | 02/27/2023 | 02/28/2023 | 03/07/2023 | 0.1 | — | Monthly |
| 2023 | 01/30/2023 | 01/31/2023 | 02/10/2023 | 0.1 | — | Monthly |
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.1 | — | Monthly |
| 2022 | 11/29/2022 | 11/30/2022 | 12/12/2022 | 0.10185 | — | Monthly |
| 2022 | 10/28/2022 | 10/31/2022 | 11/10/2022 | 0.05118 | — | Monthly |
| 2022 | 09/28/2022 | 09/29/2022 | 10/13/2022 | 0.04743 | — | Monthly |
| 2022 | 08/30/2022 | 08/31/2022 | 09/13/2022 | 0.048 | — | Monthly |
| 2022 | 07/28/2022 | 07/29/2022 | 08/11/2022 | 0.04652 | — | Monthly |
| 2022 | 06/29/2022 | 06/30/2022 | 07/13/2022 | 0.04997 | — | Monthly |
| 2022 | 05/30/2022 | 05/31/2022 | 06/10/2022 | 0.05126 | — | Monthly |
| 2022 | 04/28/2022 | 04/29/2022 | 05/11/2022 | 0.0534 | — | Monthly |
| 2022 | 03/30/2022 | 03/31/2022 | 04/12/2022 | 0.05499 | — | Monthly |
| 2022 | 02/25/2022 | 02/28/2022 | 03/10/2022 | 0.05737 | — | Monthly |
| 2022 | 01/28/2022 | 01/31/2022 | 02/10/2022 | 0.05679 | — | Monthly |
| 2021 | 12/30/2021 | 12/31/2021 | 01/13/2022 | 0.05088 | — | Monthly |
| 2021 | 11/29/2021 | 11/30/2021 | 12/10/2021 | 0.04702 | — | Monthly |
| 2021 | 10/28/2021 | 10/29/2021 | 11/10/2021 | 0.04561 | — | Monthly |
| 2021 | 09/28/2021 | 09/29/2021 | 10/13/2021 | 0.04398 | — | Monthly |
| 2021 | 08/30/2021 | 08/31/2021 | 09/13/2021 | 0.04259 | — | Monthly |
| 2021 | 07/29/2021 | 07/30/2021 | 08/12/2021 | 0.04342 | — | Monthly |
| 2021 | 06/29/2021 | 06/30/2021 | 07/13/2021 | 0.04227 | — | Monthly |
| 2021 | 05/28/2021 | 05/31/2021 | 06/10/2021 | 0.0425 | — | Monthly |
| 2021 | 04/29/2021 | 04/30/2021 | 05/12/2021 | 0.042 | — | Monthly |
| 2021 | 03/30/2021 | 03/31/2021 | 04/13/2021 | 0.0413 | — | Monthly |
| 2021 | 02/25/2021 | 02/26/2021 | 03/10/2021 | 0.0406 | — | Monthly |
| 2021 | 01/28/2021 | 01/29/2021 | 02/10/2021 | 0.0397 | — | Monthly |
| 2020 | 12/30/2020 | 12/31/2020 | 01/13/2021 | 0.0388 | — | Monthly |
| 2020 | 11/27/2020 | 11/30/2020 | 12/10/2020 | 0.0397 | — | Monthly |
| 2020 | 10/29/2020 | 10/30/2020 | 11/12/2020 | 0.0383 | — | Monthly |
| 2020 | 09/29/2020 | 09/30/2020 | 10/13/2020 | 0.039 | — | Monthly |
| 2020 | 08/28/2020 | 08/31/2020 | 09/11/2020 | 0.0368 | — | Monthly |
| 2020 | 07/30/2020 | 07/31/2020 | 08/13/2020 | 0.0384 | — | Monthly |
| 2020 | 06/29/2020 | 06/30/2020 | 07/13/2020 | 0.039 | — | Monthly |
| 2020 | 05/28/2020 | 05/29/2020 | 06/10/2020 | 0.038 | — | Monthly |
| 2020 | 04/29/2020 | 04/30/2020 | 05/12/2020 | 0.0377 | — | Monthly |
| 2020 | 03/30/2020 | 03/31/2020 | 04/13/2020 | 0.0359 | — | Monthly |
| 2020 | 02/27/2020 | 02/28/2020 | 03/11/2020 | 0.0402 | — | Monthly |
| 2020 | 01/30/2020 | 01/31/2020 | 02/12/2020 | 0.0399 | — | Monthly |
| 2019 | 12/30/2019 | 12/31/2019 | 01/13/2020 | 0.0389 | — | Monthly |
| 2019 | 11/28/2019 | 11/29/2019 | 12/11/2019 | 0.0402 | — | Monthly |
| 2019 | 10/30/2019 | 10/31/2019 | 11/13/2019 | 0.0396 | — | Monthly |
| 2019 | 09/27/2019 | 09/30/2019 | 10/10/2019 | 0.0393 | — | Monthly |
| 2019 | 08/29/2019 | 08/30/2019 | 09/12/2019 | 0.0401 | — | Monthly |
| 2019 | 07/30/2019 | 07/31/2019 | 08/13/2019 | 0.0393 | — | Monthly |
| 2019 | 06/27/2019 | 06/28/2019 | 07/11/2019 | 0.0386 | — | Monthly |
| 2019 | 05/30/2019 | 05/31/2019 | 06/12/2019 | 0.0383 | — | Monthly |
| 2019 | 04/29/2019 | 04/30/2019 | 05/10/2019 | 0.0384 | — | Monthly |
| 2019 | 03/28/2019 | 03/29/2019 | 04/10/2019 | 0.0377 | — | Monthly |
| 2019 | 02/27/2019 | 02/28/2019 | 03/12/2019 | 0.0379 | — | Monthly |
| 2019 | 01/30/2019 | 01/31/2019 | 02/12/2019 | 0.0378 | — | Monthly |
| 2018 | 12/28/2018 | 12/31/2018 | 01/11/2019 | 0.0384 | — | Monthly |
| 2018 | 11/29/2018 | 11/30/2018 | 12/12/2018 | 0.0389 | — | Monthly |
| 2018 | 10/30/2018 | 10/31/2018 | 11/13/2018 | 0.0416 | — | Monthly |
| 2018 | 09/27/2018 | 09/28/2018 | 10/11/2018 | 0.0375 | — | Monthly |
| 2018 | 08/30/2018 | 08/31/2018 | 09/13/2018 | 0.039 | — | Monthly |
| 2018 | 07/30/2018 | 07/31/2018 | 08/13/2018 | 0.0403 | — | Monthly |
| 2018 | 06/28/2018 | 06/29/2018 | 07/12/2018 | 0.0373 | — | Monthly |
| 2018 | 05/30/2018 | 05/31/2018 | 06/12/2018 | 0.0372 | — | Monthly |
| 2018 | 04/27/2018 | 04/30/2018 | 05/10/2018 | 0.0384 | — | Monthly |
| 2018 | 03/28/2018 | 03/29/2018 | 04/11/2018 | 0.0381 | — | Monthly |
| 2018 | 02/27/2018 | 02/28/2018 | 03/12/2018 | 0.0451 | — | Monthly |
| 2018 | 01/30/2018 | 01/31/2018 | 02/12/2018 | 0.0417 | — | Monthly |
| 2017 | 12/28/2017 | 12/29/2017 | 01/11/2018 | 0.0403 | — | Monthly |
| 2017 | 11/29/2017 | 11/30/2017 | 12/12/2017 | 0.0401 | — | Monthly |
| 2017 | 10/30/2017 | 10/31/2017 | 11/10/2017 | 0.0408 | — | Monthly |
| 2017 | 09/28/2017 | 09/29/2017 | 10/12/2017 | 0.0445 | — | Monthly |
| 2017 | 08/29/2017 | 08/31/2017 | 09/13/2017 | 0.0497 | — | Monthly |
| 2017 | 07/27/2017 | 07/31/2017 | 08/11/2017 | 0.0479 | — | Monthly |
| 2017 | 06/28/2017 | 06/30/2017 | 07/13/2017 | 0.0516 | — | Monthly |
| 2017 | 05/29/2017 | 05/31/2017 | 06/12/2017 | 0.0514 | — | Monthly |
| 2017 | 04/25/2017 | 04/27/2017 | 05/09/2017 | 0.0535 | — | Monthly |
| 2017 | 03/29/2017 | 03/31/2017 | 04/12/2017 | 0.0375 | — | Monthly |
| 2017 | 02/24/2017 | 02/28/2017 | 03/10/2017 | 0.0424 | — | Monthly |
| 2017 | 01/27/2017 | 01/31/2017 | 02/10/2017 | 0.0413 | — | Monthly |
| 2016 | 12/28/2016 | 12/30/2016 | 01/12/2017 | 0.0415 | — | Monthly |
| 2016 | 11/28/2016 | 11/30/2016 | 12/01/2016 | 0.0456 | — | Monthly |
| 2016 | 10/27/2016 | 10/31/2016 | 11/10/2016 | 0.0515 | — | Monthly |
| 2016 | 09/28/2016 | 09/30/2016 | 10/13/2016 | 0.0517 | — | Monthly |
| 2016 | 08/29/2016 | 08/31/2016 | 09/13/2016 | 0.0515 | — | Monthly |
| 2016 | 07/27/2016 | 07/29/2016 | 08/11/2016 | 0.0336 | — | Monthly |
| 2016 | 06/28/2016 | 06/30/2016 | 07/13/2016 | 0.0361 | — | Monthly |
| 2016 | 05/27/2016 | 05/31/2016 | 06/19/2016 | 0.0399 | — | Monthly |
| 2016 | 04/27/2016 | 04/29/2016 | 05/11/2016 | 0.0406 | — | Monthly |
| 2016 | 03/29/2016 | 03/31/2016 | 04/12/2016 | 0.0394 | — | Monthly |
| 2016 | 02/25/2016 | 02/29/2016 | 03/10/2016 | 0.0439 | — | Monthly |
| 2016 | 01/27/2016 | 01/29/2016 | 02/10/2016 | 0.0478 | — | Monthly |
| 2015 | 12/29/2015 | 12/31/2015 | 01/13/2016 | 0.0665 | — | Monthly |
| 2015 | 11/26/2015 | 11/30/2015 | 12/10/2015 | 0.0622 | — | Monthly |
| 2015 | 10/28/2015 | 10/31/2015 | 11/12/2015 | 0.0553 | — | Monthly |
| 2015 | 09/28/2015 | 09/30/2015 | 10/13/2015 | 0.0553 | — | Monthly |
| 2015 | 08/27/2015 | 08/31/2015 | 09/11/2015 | 0.0537 | — | Monthly |
| 2015 | 07/29/2015 | 07/31/2015 | 08/13/2015 | 0.0482 | — | Monthly |
| 2015 | 06/26/2015 | 06/30/2015 | 07/13/2015 | 0.0423 | — | Monthly |
| 2015 | 05/27/2015 | 05/29/2015 | 06/10/2015 | 0.0377 | — | Monthly |
| 2015 | 04/28/2015 | 04/30/2015 | 05/12/2015 | 0.0387 | — | Monthly |
| 2015 | 03/27/2015 | 03/31/2015 | 04/13/2015 | 0.0408 | — | Monthly |
| 2015 | 02/25/2015 | 02/27/2015 | 03/11/2015 | 0.0417 | — | Monthly |
| 2015 | 01/28/2015 | 01/30/2015 | 02/11/2015 | 0.0499 | — | Monthly |
| 2014 | 12/29/2014 | 12/31/2014 | 01/13/2015 | 0.0484 | — | Monthly |
| 2014 | 11/26/2014 | 11/28/2014 | 12/10/2014 | 0.0673 | — | Monthly |
| 2014 | 10/29/2014 | 10/31/2014 | 11/12/2014 | 0.0872 | — | Monthly |
| 2014 | 09/26/2014 | 09/30/2014 | 10/10/2014 | 0.0349 | — | Monthly |
| 2014 | 08/27/2014 | 08/29/2014 | 09/11/2014 | 0.0349 | — | Monthly |
| 2014 | 07/29/2014 | 07/31/2014 | 08/13/2014 | 0.0348 | — | Monthly |
| 2014 | 06/26/2014 | 06/30/2014 | 07/11/2014 | 0.0379 | — | Monthly |
| 2014 | 05/28/2014 | 05/30/2014 | 06/11/2014 | 0.0384 | — | Monthly |
| 2014 | 04/28/2014 | 04/30/2014 | 05/12/2014 | 0.0384 | — | Monthly |
| 2014 | 03/27/2014 | 03/31/2014 | 04/10/2014 | 0.041 | — | Monthly |
| 2014 | 02/26/2014 | 02/28/2014 | 03/10/2014 | 0.0443 | — | Monthly |
| 2014 | 01/29/2014 | 01/31/2014 | 02/12/2014 | 0.0437 | — | Monthly |
| 2013 | 12/27/2013 | 12/31/2013 | 01/13/2014 | 0.0451 | — | Monthly |
| 2013 | 11/27/2013 | 11/29/2013 | 12/11/2013 | 0.0441 | — | Monthly |
| 2013 | 10/29/2013 | 10/31/2013 | 11/12/2013 | 0.0444 | — | Monthly |
| 2013 | 09/26/2013 | 09/30/2013 | 10/10/2013 | 0.0435 | — | Monthly |
| 2013 | 08/28/2013 | 08/30/2013 | 09/12/2013 | 0.0436 | — | Monthly |
| 2013 | 07/29/2013 | 07/31/2013 | 08/13/2013 | 0.0403 | — | Monthly |
| 2013 | 06/26/2013 | 06/28/2013 | 07/11/2013 | 0.0431 | — | Monthly |
| 2013 | 05/29/2013 | 05/31/2013 | 06/12/2013 | 0.0399 | — | Monthly |
| 2013 | 04/26/2013 | 04/30/2013 | 05/10/2013 | 0.0457 | — | Monthly |
| 2013 | 03/26/2013 | 03/28/2013 | 04/10/2013 | 0.0333 | — | Monthly |
| 2013 | 02/26/2013 | 02/28/2013 | 03/12/2013 | 0.0327 | — | Monthly |
| 2013 | 01/29/2013 | 01/31/2013 | 02/12/2013 | 0.0368 | — | Monthly |
| 2012 | 12/27/2012 | 12/31/2012 | 01/11/2013 | 0.0483 | — | Monthly |
| 2012 | 11/28/2012 | 11/30/2012 | 12/12/2012 | 0.0491 | — | Monthly |
| 2012 | 10/29/2012 | 10/31/2012 | 11/09/2012 | 0.0483 | — | Monthly |
| 2012 | 09/26/2012 | 09/28/2012 | 10/11/2012 | 0.0402 | — | Monthly |
| 2012 | 08/29/2012 | 08/31/2012 | 09/13/2012 | 0.0501 | — | Monthly |
| 2012 | 07/27/2012 | 07/31/2012 | 08/13/2012 | 0.0591 | — | Monthly |
| 2012 | 06/27/2012 | 06/29/2012 | 07/12/2012 | 0.0561 | — | Monthly |
| 2012 | 05/29/2012 | 05/31/2012 | 06/12/2012 | 0.0576 | — | Monthly |
| 2012 | 04/26/2012 | 04/30/2012 | 05/10/2012 | 0.0487 | — | Monthly |
| 2012 | 03/28/2012 | 03/30/2012 | 04/12/2012 | 0.0551 | — | Monthly |
| 2012 | 02/27/2012 | 02/29/2012 | 03/12/2012 | 0.0732 | — | Monthly |
| 2012 | 01/27/2012 | 01/31/2012 | 02/10/2012 | 0.077 | — | Monthly |
| 2011 | 12/28/2011 | 12/30/2011 | 01/12/2012 | 0.077 | — | Monthly |
| 2011 | 11/28/2011 | 11/30/2011 | 12/12/2011 | 0.0629 | — | Monthly |
| 2011 | 10/27/2011 | 10/31/2011 | 11/10/2011 | 0.1086 | — | Monthly |
| 2011 | 09/28/2011 | 09/30/2011 | 10/13/2011 | 0.1211 | — | Monthly |
| 2011 | 08/29/2011 | 08/31/2011 | 09/13/2011 | 0.1163 | — | Monthly |
| 2011 | 07/27/2011 | 07/29/2011 | 08/11/2011 | 0.1251 | — | Monthly |
| 2011 | 06/27/2011 | 06/29/2011 | 07/12/2011 | 0.1297 | — | Monthly |
| 2011 | 05/27/2011 | 05/31/2011 | 06/10/2011 | 0.0612 | — | Monthly |
Top 10 Holdings
As at February 28, 2023| Security Name | Weight |
|---|---|
| Horizons Equal Weight Canada Banks Idx ETF (HEWB) | 40.54% |
| National Bank of Canada | 10.53% |
| Royal Bank of Canada | 10.45% |
| Toronto-Dominion Bank | 9.93% |
| Bank of Montreal | 9.72% |
| Canadian Imperial Bank of Commerce | 9.42% |
| Bank of Nova Scotia | 8.85% |
| BMO C135 03/17/23 | 0.00% |
| BNS C73 03/17/23 | 0.00% |
| 1CM C63 03/03/23 | 0.00% |
Education
Regulatory and Legal
At a Glance
Investment Objective
BKCC seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of equal-weighted equity securities of diversified Canadian banks (currently, the Solactive Equal Weight Canada Banks Index); and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, BKCC will employ a dynamic covered call option writing program.
Effective June 24, 2022, the investment objectives of the Horizons Equal Weight Canadian Bank Covered Call ETF (“BKCC”) (formerly Horizons Enhanced Income Financials ETF (“HEF”)) were changed following receipt of the required unitholder and regulatory approvals. The ETF traded under its new fund name and ticker symbol on June 27, 2022. For more information, please refer to the disclosure documents of BKCC on www.HorizonsETFs.com.
Product Facts
Fund Details
Ticker
BKCC
Inception Date
May 16, 2011
Net Assets ?
$14,634,185
As at March 22, 2023
Consolidated Prior Day Volume ?
16,933
For March 22, 2023
Average Daily Trading Volume Over a 12 Month Period ?
4,001
As at March 22, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.65%
(Plus applicable sales tax)
Management Expense Ratio ?
0.85%
As at June 30, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
5493002FIDB7T4SRE330
Distribution Metrics
Most Recent Distributions Per Unit
0.1
Estimated Annualized Yield ?
7.50%
12-Month Trailing Yield ?
7.65%
Distribution Frequency
Monthly
Record Date
February 28, 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 Equal Weight Canadian Bank Covered Call ETF | -1.02 | 0.33 | 6.80 | 6.51 | -9.35 | 5.77 | 3.54 | 5.72 | 4.91 |
**Fund performance since inception on May 16, 2011, as at February 28, 2023
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons Equal Weight Canadian Bank Covered Call ETF | -3.68 | 18.34 | 11.61 | -14.66 | 19.14 | -2.92 | 28.30 | -14.29 |
Effective June 24, 2022, the investment objectives of the Horizons Equal Weight Canadian Bank Covered Call ETF (“BKCC”), (formerly Horizons Enhanced Income Financials ETF (“HEF”)) were changed to seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of equal-weighted equity securities of diversified Canadian banks (currently, the Solactive Equal Weight Canada Banks Index); and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, BKCC will employ a dynamic covered call option writing program. For more information, please refer to the disclosure documents of BKCC on www.HorizonsETFs.com.
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2023 | 02/27/2023 | 02/28/2023 | 03/07/2023 | 0.1 | Monthly | |
| 2023 | 01/30/2023 | 01/31/2023 | 02/10/2023 | 0.1 | Monthly | |
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.1 | Monthly | |
| 2022 | 11/29/2022 | 11/30/2022 | 12/12/2022 | 0.10185 | Monthly | |
| 2022 | 10/28/2022 | 10/31/2022 | 11/10/2022 | 0.05118 | Monthly | |
| 2022 | 09/28/2022 | 09/29/2022 | 10/13/2022 | 0.04743 | Monthly | |
| 2022 | 08/30/2022 | 08/31/2022 | 09/13/2022 | 0.048 | Monthly | |
| 2022 | 07/28/2022 | 07/29/2022 | 08/11/2022 | 0.04652 | Monthly | |
| 2022 | 06/29/2022 | 06/30/2022 | 07/13/2022 | 0.04997 | Monthly | |
| 2022 | 05/30/2022 | 05/31/2022 | 06/10/2022 | 0.05126 | Monthly | |
| 2022 | 04/28/2022 | 04/29/2022 | 05/11/2022 | 0.0534 | Monthly | |
| 2022 | 03/30/2022 | 03/31/2022 | 04/12/2022 | 0.05499 | Monthly | |
| 2022 | 02/25/2022 | 02/28/2022 | 03/10/2022 | 0.05737 | Monthly | |
| 2022 | 01/28/2022 | 01/31/2022 | 02/10/2022 | 0.05679 | Monthly | |
| 2021 | 12/30/2021 | 12/31/2021 | 01/13/2022 | 0.05088 | Monthly | |
| 2021 | 11/29/2021 | 11/30/2021 | 12/10/2021 | 0.04702 | Monthly | |
| 2021 | 10/28/2021 | 10/29/2021 | 11/10/2021 | 0.04561 | Monthly | |
| 2021 | 09/28/2021 | 09/29/2021 | 10/13/2021 | 0.04398 | Monthly | |
| 2021 | 08/30/2021 | 08/31/2021 | 09/13/2021 | 0.04259 | Monthly | |
| 2021 | 07/29/2021 | 07/30/2021 | 08/12/2021 | 0.04342 | Monthly | |
| 2021 | 06/29/2021 | 06/30/2021 | 07/13/2021 | 0.04227 | Monthly | |
| 2021 | 05/28/2021 | 05/31/2021 | 06/10/2021 | 0.0425 | Monthly | |
| 2021 | 04/29/2021 | 04/30/2021 | 05/12/2021 | 0.042 | Monthly | |
| 2021 | 03/30/2021 | 03/31/2021 | 04/13/2021 | 0.0413 | Monthly | |
| 2021 | 02/25/2021 | 02/26/2021 | 03/10/2021 | 0.0406 | Monthly | |
| 2021 | 01/28/2021 | 01/29/2021 | 02/10/2021 | 0.0397 | Monthly | |
| 2020 | 12/30/2020 | 12/31/2020 | 01/13/2021 | 0.0388 | Monthly | |
| 2020 | 11/27/2020 | 11/30/2020 | 12/10/2020 | 0.0397 | Monthly | |
| 2020 | 10/29/2020 | 10/30/2020 | 11/12/2020 | 0.0383 | Monthly | |
| 2020 | 09/29/2020 | 09/30/2020 | 10/13/2020 | 0.039 | Monthly | |
| 2020 | 08/28/2020 | 08/31/2020 | 09/11/2020 | 0.0368 | Monthly | |
| 2020 | 07/30/2020 | 07/31/2020 | 08/13/2020 | 0.0384 | Monthly | |
| 2020 | 06/29/2020 | 06/30/2020 | 07/13/2020 | 0.039 | Monthly | |
| 2020 | 05/28/2020 | 05/29/2020 | 06/10/2020 | 0.038 | Monthly | |
| 2020 | 04/29/2020 | 04/30/2020 | 05/12/2020 | 0.0377 | Monthly | |
| 2020 | 03/30/2020 | 03/31/2020 | 04/13/2020 | 0.0359 | Monthly | |
| 2020 | 02/27/2020 | 02/28/2020 | 03/11/2020 | 0.0402 | Monthly | |
| 2020 | 01/30/2020 | 01/31/2020 | 02/12/2020 | 0.0399 | Monthly | |
| 2019 | 12/30/2019 | 12/31/2019 | 01/13/2020 | 0.0389 | Monthly | |
| 2019 | 11/28/2019 | 11/29/2019 | 12/11/2019 | 0.0402 | Monthly | |
| 2019 | 10/30/2019 | 10/31/2019 | 11/13/2019 | 0.0396 | Monthly | |
| 2019 | 09/27/2019 | 09/30/2019 | 10/10/2019 | 0.0393 | Monthly | |
| 2019 | 08/29/2019 | 08/30/2019 | 09/12/2019 | 0.0401 | Monthly | |
| 2019 | 07/30/2019 | 07/31/2019 | 08/13/2019 | 0.0393 | Monthly | |
| 2019 | 06/27/2019 | 06/28/2019 | 07/11/2019 | 0.0386 | Monthly | |
| 2019 | 05/30/2019 | 05/31/2019 | 06/12/2019 | 0.0383 | Monthly | |
| 2019 | 04/29/2019 | 04/30/2019 | 05/10/2019 | 0.0384 | Monthly | |
| 2019 | 03/28/2019 | 03/29/2019 | 04/10/2019 | 0.0377 | Monthly | |
| 2019 | 02/27/2019 | 02/28/2019 | 03/12/2019 | 0.0379 | Monthly | |
| 2019 | 01/30/2019 | 01/31/2019 | 02/12/2019 | 0.0378 | Monthly | |
| 2018 | 12/28/2018 | 12/31/2018 | 01/11/2019 | 0.0384 | Monthly | |
| 2018 | 11/29/2018 | 11/30/2018 | 12/12/2018 | 0.0389 | Monthly | |
| 2018 | 10/30/2018 | 10/31/2018 | 11/13/2018 | 0.0416 | Monthly | |
| 2018 | 09/27/2018 | 09/28/2018 | 10/11/2018 | 0.0375 | Monthly | |
| 2018 | 08/30/2018 | 08/31/2018 | 09/13/2018 | 0.039 | Monthly | |
| 2018 | 07/30/2018 | 07/31/2018 | 08/13/2018 | 0.0403 | Monthly | |
| 2018 | 06/28/2018 | 06/29/2018 | 07/12/2018 | 0.0373 | Monthly | |
| 2018 | 05/30/2018 | 05/31/2018 | 06/12/2018 | 0.0372 | Monthly | |
| 2018 | 04/27/2018 | 04/30/2018 | 05/10/2018 | 0.0384 | Monthly | |
| 2018 | 03/28/2018 | 03/29/2018 | 04/11/2018 | 0.0381 | Monthly | |
| 2018 | 02/27/2018 | 02/28/2018 | 03/12/2018 | 0.0451 | Monthly | |
| 2018 | 01/30/2018 | 01/31/2018 | 02/12/2018 | 0.0417 | Monthly | |
| 2017 | 12/28/2017 | 12/29/2017 | 01/11/2018 | 0.0403 | Monthly | |
| 2017 | 11/29/2017 | 11/30/2017 | 12/12/2017 | 0.0401 | Monthly | |
| 2017 | 10/30/2017 | 10/31/2017 | 11/10/2017 | 0.0408 | Monthly | |
| 2017 | 09/28/2017 | 09/29/2017 | 10/12/2017 | 0.0445 | Monthly | |
| 2017 | 08/29/2017 | 08/31/2017 | 09/13/2017 | 0.0497 | Monthly | |
| 2017 | 07/27/2017 | 07/31/2017 | 08/11/2017 | 0.0479 | Monthly | |
| 2017 | 06/28/2017 | 06/30/2017 | 07/13/2017 | 0.0516 | Monthly | |
| 2017 | 05/29/2017 | 05/31/2017 | 06/12/2017 | 0.0514 | Monthly | |
| 2017 | 04/25/2017 | 04/27/2017 | 05/09/2017 | 0.0535 | Monthly | |
| 2017 | 03/29/2017 | 03/31/2017 | 04/12/2017 | 0.0375 | Monthly | |
| 2017 | 02/24/2017 | 02/28/2017 | 03/10/2017 | 0.0424 | Monthly | |
| 2017 | 01/27/2017 | 01/31/2017 | 02/10/2017 | 0.0413 | Monthly | |
| 2016 | 12/28/2016 | 12/30/2016 | 01/12/2017 | 0.0415 | Monthly | |
| 2016 | 11/28/2016 | 11/30/2016 | 12/01/2016 | 0.0456 | Monthly | |
| 2016 | 10/27/2016 | 10/31/2016 | 11/10/2016 | 0.0515 | Monthly | |
| 2016 | 09/28/2016 | 09/30/2016 | 10/13/2016 | 0.0517 | Monthly | |
| 2016 | 08/29/2016 | 08/31/2016 | 09/13/2016 | 0.0515 | Monthly | |
| 2016 | 07/27/2016 | 07/29/2016 | 08/11/2016 | 0.0336 | Monthly | |
| 2016 | 06/28/2016 | 06/30/2016 | 07/13/2016 | 0.0361 | Monthly | |
| 2016 | 05/27/2016 | 05/31/2016 | 06/19/2016 | 0.0399 | Monthly | |
| 2016 | 04/27/2016 | 04/29/2016 | 05/11/2016 | 0.0406 | Monthly | |
| 2016 | 03/29/2016 | 03/31/2016 | 04/12/2016 | 0.0394 | Monthly | |
| 2016 | 02/25/2016 | 02/29/2016 | 03/10/2016 | 0.0439 | Monthly | |
| 2016 | 01/27/2016 | 01/29/2016 | 02/10/2016 | 0.0478 | Monthly | |
| 2015 | 12/29/2015 | 12/31/2015 | 01/13/2016 | 0.0665 | Monthly | |
| 2015 | 11/26/2015 | 11/30/2015 | 12/10/2015 | 0.0622 | Monthly | |
| 2015 | 10/28/2015 | 10/31/2015 | 11/12/2015 | 0.0553 | Monthly | |
| 2015 | 09/28/2015 | 09/30/2015 | 10/13/2015 | 0.0553 | Monthly | |
| 2015 | 08/27/2015 | 08/31/2015 | 09/11/2015 | 0.0537 | Monthly | |
| 2015 | 07/29/2015 | 07/31/2015 | 08/13/2015 | 0.0482 | Monthly | |
| 2015 | 06/26/2015 | 06/30/2015 | 07/13/2015 | 0.0423 | Monthly | |
| 2015 | 05/27/2015 | 05/29/2015 | 06/10/2015 | 0.0377 | Monthly | |
| 2015 | 04/28/2015 | 04/30/2015 | 05/12/2015 | 0.0387 | Monthly | |
| 2015 | 03/27/2015 | 03/31/2015 | 04/13/2015 | 0.0408 | Monthly | |
| 2015 | 02/25/2015 | 02/27/2015 | 03/11/2015 | 0.0417 | Monthly | |
| 2015 | 01/28/2015 | 01/30/2015 | 02/11/2015 | 0.0499 | Monthly | |
| 2014 | 12/29/2014 | 12/31/2014 | 01/13/2015 | 0.0484 | Monthly | |
| 2014 | 11/26/2014 | 11/28/2014 | 12/10/2014 | 0.0673 | Monthly | |
| 2014 | 10/29/2014 | 10/31/2014 | 11/12/2014 | 0.0872 | Monthly | |
| 2014 | 09/26/2014 | 09/30/2014 | 10/10/2014 | 0.0349 | Monthly | |
| 2014 | 08/27/2014 | 08/29/2014 | 09/11/2014 | 0.0349 | Monthly | |
| 2014 | 07/29/2014 | 07/31/2014 | 08/13/2014 | 0.0348 | Monthly | |
| 2014 | 06/26/2014 | 06/30/2014 | 07/11/2014 | 0.0379 | Monthly | |
| 2014 | 05/28/2014 | 05/30/2014 | 06/11/2014 | 0.0384 | Monthly | |
| 2014 | 04/28/2014 | 04/30/2014 | 05/12/2014 | 0.0384 | Monthly | |
| 2014 | 03/27/2014 | 03/31/2014 | 04/10/2014 | 0.041 | Monthly | |
| 2014 | 02/26/2014 | 02/28/2014 | 03/10/2014 | 0.0443 | Monthly | |
| 2014 | 01/29/2014 | 01/31/2014 | 02/12/2014 | 0.0437 | Monthly | |
| 2013 | 12/27/2013 | 12/31/2013 | 01/13/2014 | 0.0451 | Monthly | |
| 2013 | 11/27/2013 | 11/29/2013 | 12/11/2013 | 0.0441 | Monthly | |
| 2013 | 10/29/2013 | 10/31/2013 | 11/12/2013 | 0.0444 | Monthly | |
| 2013 | 09/26/2013 | 09/30/2013 | 10/10/2013 | 0.0435 | Monthly | |
| 2013 | 08/28/2013 | 08/30/2013 | 09/12/2013 | 0.0436 | Monthly | |
| 2013 | 07/29/2013 | 07/31/2013 | 08/13/2013 | 0.0403 | Monthly | |
| 2013 | 06/26/2013 | 06/28/2013 | 07/11/2013 | 0.0431 | Monthly | |
| 2013 | 05/29/2013 | 05/31/2013 | 06/12/2013 | 0.0399 | Monthly | |
| 2013 | 04/26/2013 | 04/30/2013 | 05/10/2013 | 0.0457 | Monthly | |
| 2013 | 03/26/2013 | 03/28/2013 | 04/10/2013 | 0.0333 | Monthly | |
| 2013 | 02/26/2013 | 02/28/2013 | 03/12/2013 | 0.0327 | Monthly | |
| 2013 | 01/29/2013 | 01/31/2013 | 02/12/2013 | 0.0368 | Monthly | |
| 2012 | 12/27/2012 | 12/31/2012 | 01/11/2013 | 0.0483 | Monthly | |
| 2012 | 11/28/2012 | 11/30/2012 | 12/12/2012 | 0.0491 | Monthly | |
| 2012 | 10/29/2012 | 10/31/2012 | 11/09/2012 | 0.0483 | Monthly | |
| 2012 | 09/26/2012 | 09/28/2012 | 10/11/2012 | 0.0402 | Monthly | |
| 2012 | 08/29/2012 | 08/31/2012 | 09/13/2012 | 0.0501 | Monthly | |
| 2012 | 07/27/2012 | 07/31/2012 | 08/13/2012 | 0.0591 | Monthly | |
| 2012 | 06/27/2012 | 06/29/2012 | 07/12/2012 | 0.0561 | Monthly | |
| 2012 | 05/29/2012 | 05/31/2012 | 06/12/2012 | 0.0576 | Monthly | |
| 2012 | 04/26/2012 | 04/30/2012 | 05/10/2012 | 0.0487 | Monthly | |
| 2012 | 03/28/2012 | 03/30/2012 | 04/12/2012 | 0.0551 | Monthly | |
| 2012 | 02/27/2012 | 02/29/2012 | 03/12/2012 | 0.0732 | Monthly | |
| 2012 | 01/27/2012 | 01/31/2012 | 02/10/2012 | 0.077 | Monthly | |
| 2011 | 12/28/2011 | 12/30/2011 | 01/12/2012 | 0.077 | Monthly | |
| 2011 | 11/28/2011 | 11/30/2011 | 12/12/2011 | 0.0629 | Monthly | |
| 2011 | 10/27/2011 | 10/31/2011 | 11/10/2011 | 0.1086 | Monthly | |
| 2011 | 09/28/2011 | 09/30/2011 | 10/13/2011 | 0.1211 | Monthly | |
| 2011 | 08/29/2011 | 08/31/2011 | 09/13/2011 | 0.1163 | Monthly | |
| 2011 | 07/27/2011 | 07/29/2011 | 08/11/2011 | 0.1251 | Monthly | |
| 2011 | 06/27/2011 | 06/29/2011 | 07/12/2011 | 0.1297 | Monthly | |
| 2011 | 05/27/2011 | 05/31/2011 | 06/10/2011 | 0.0612 | Monthly |
Holdings
Top 10 Holdings
As at February 28, 2023| Security Name | Weight |
|---|---|
| Horizons Equal Weight Canada Banks Idx ETF (HEWB) | 40.54% |
| National Bank of Canada | 10.53% |
| Royal Bank of Canada | 10.45% |
| Toronto-Dominion Bank | 9.93% |
| Bank of Montreal | 9.72% |
| Canadian Imperial Bank of Commerce | 9.42% |
| Bank of Nova Scotia | 8.85% |
| BMO C135 03/17/23 | 0.00% |
| BNS C73 03/17/23 | 0.00% |
| 1CM C63 03/03/23 | 0.00% |
Documents
