CARB
Investment Objective
CARB seeks to replicate, to the extent possible and net of expenses, the performance of an index that seeks to provide exposure to investments in cap-and-trade carbon allowances. Currently, the ETF seeks to replicate the performance of the Horizons Carbon Credits Rolling Futures Index (Excess Return), net of expenses.
CARB seeks to hedge any non-Canadian dollar portfolio exposure back to the Canadian dollar at all times. As a result, the returns of the ETF are expected to differ from those of the of its Underlying Index, which does not include currency hedging.
Fund Details
Ticker
CARB
Inception Date
February 09, 2022
Net Assets ?
$5,606,880
As at November 30, 2023
Consolidated Prior Day Volume ?
1 601
For November 30, 2023
Average Daily Trading Volume Over a 12 Month Period ?
1,243
As at November 30, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
CARBCNER
Management Fee
0.75%
(Plus applicable sales tax)
Management Expense Ratio ?
0.93%
As at June 30, 2023
Currency
CAD
Currency Hedging
Seeks to hedge any non-Canadian dollar portfolio exposure back to the Canadian dollar at all times
LEI ?
5493004SG3VLAEU88P83
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 Carbon Credits ETF | -2.92 | -8.10 | -8.37 | -3.80 | -2.12 | -- | -- | -- | -8.02 | Horizons Carbon Credits Rolling Futures Index | -3.21 | -8.79 | -9.49 | -5.86 | -5.04 | -- | -- | -- | -9.85 |
**Fund performance since inception on February 09, 2022, as at October 31, 2023
Calendar Year Performance (%) *
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Distributions
Distribution data is not currently available.
Education
Regulatory and Legal
At a Glance
Investment Objective
CARB seeks to replicate, to the extent possible and net of expenses, the performance of an index that seeks to provide exposure to investments in cap-and-trade carbon allowances. Currently, the ETF seeks to replicate the performance of the Horizons Carbon Credits Rolling Futures Index (Excess Return), net of expenses.
CARB seeks to hedge any non-Canadian dollar portfolio exposure back to the Canadian dollar at all times. As a result, the returns of the ETF are expected to differ from those of the of its Underlying Index, which does not include currency hedging.
Product Facts
Fund Details
Ticker
CARB
Inception Date
February 09, 2022
Net Assets ?
$5,606,880
As at November 30, 2023
Consolidated Prior Day Volume ?
1 601
ForNovember 30, 2023
Average Daily Trading Volume Over a 12 Month Period ?
1,243
As at November 30, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
CARBCNER
Management Fee
0.75%
(Plus applicable sales tax)
Management Expense Ratio ?
0.93%
As at June 30, 2023
Currency
CAD
Currency Hedging
Seeks to hedge any non-Canadian dollar portfolio exposure back to the Canadian dollar at all times
LEI ?
5493004SG3VLAEU88P83
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 Carbon Credits ETF | -2.92 | -8.10 | -8.37 | -3.80 | -2.12 | -- | -- | -- | -8.02 | Horizons Carbon Credits Rolling Futures Index | -3.21 | -8.79 | -9.49 | -5.86 | -5.04 | -- | -- | -- | -9.85 |
**Fund performance since inception on February 09, 2022, as at October 31, 2023
Calendar Year Performance (%)
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Distributions
Distribution data is not currently available.
Holdings
Documents
