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HBNK

Horizons Equal Weight Banks Index ETF

Price
$21.38
$0.09
0.42%
NAV
$21.3073
$0.1153
0.54%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

Horizons Short-Term U.S. Treasury Premium Yield ETF

Price
$27.06
$-0.06
-0.22%
NAV
$27.1252
$-0.1010
-0.37%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.15
$0.01
0.02%
NAV
$50.1398
$0.0198
0.04%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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CBIL

Horizons 0-3 Month T-Bill ETF

Annualized Distribution Yield ?

As at April 22, 2024

4.67%

CBIL invests primarily in short-term Government of Canada T-Bills, which are backed by the credit of the Canadian Government.

CBIL’s yield is generally anticipated to increase or decrease depending on the prevailing interest rate environment in Canada.

Safety + Income

Investment Objective: CBIL seeks to provide interest income through exposure to Government of Canada Treasury Bills with remaining maturities generally less than 3 months.

The amount of the monthly distributions of an ETF, and therefore the *initial targeted annualized net yield and the ongoing annualized net yield of an ETF, may fluctuate based on market conditions, including changes to interest rates. There can be no assurance that an ETF will make any distribution in any particular period or periods. The Manager may, in its complete discretion, change the frequency of these distributions, and any such change will be announced by press release.

CBIL may be susceptible to an increased risk of loss, including losses due to adverse events because fund assets are concentrated in a particular issue, issuer or issuers, country, market segment, or asset class.  While Canadian Treasury obligations are fully backed by the Canadian government, such securities are nonetheless subject to credit risk (i.e. the risk that the issuing government may be, or be perceived to be, unable or unwilling to honour its financial obligations, such as making payments). For a full description of the associated risks, please refer to the fund’s prospectus at www.horizonsetfs.com.

Fund Details

Ticker
CBIL
Inception Date
April 12, 2023
Net Assets ?
$739,151,017
As at  April 22, 2024
Consolidated Prior Day Volume ?
128 275
For  April 22, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.10%
(Plus applicable sales tax)
Currency
CAD
Currency Hedging
N/A
LEI ?
5493000BCXFK08Z6YU56
Most Recent Distributions Per Unit
$0.19500
Annualized Distribution Yield ?
4.67 %

As at  April 22, 2024

12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
March 28, 2024
NAV / Unit
$50.0960
Price
$50.09
Premium Discount
$-0.01
Premium Discount Percentage
-0.01%
Outstanding Shares
14,754,700
Weighted Average Duration ?
0.11
Average Credit Quality ?
A-1+
Weighted Average Yield to Maturity ?
4.85%
Weighted Average Term to Maturity
0.11

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 (%) *

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

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2024 03/28/2024 03/28/2024 04/05/2024 0.195 Monthly
2024 02/29/2024 02/29/2024 03/07/2024 0.21 Monthly
2024 01/31/2024 01/31/2024 02/07/2024 0.215 Monthly
2023 12/29/2023 12/29/2023 01/08/2024 0.21 Monthly
2023 11/30/2023 11/30/2023 12/07/2023 0.225 Monthly
2023 10/31/2023 10/31/2023 11/07/2023 0.225 Monthly
2023 09/29/2023 09/29/2023 10/06/2023 0.195 Monthly
2023 08/31/2023 08/31/2023 09/08/2023 0.19 Monthly
2023 07/31/2023 07/31/2023 08/08/2023 0.195 Monthly
2023 06/30/2023 06/30/2023 07/10/2023 0.189 Monthly
2023 05/31/2023 05/31/2023 06/07/2023 0.26562 Monthly

Credit Ratings

As at April 22, 2024
A-1+ 100.00%

Geographic Exposure

As at April 22, 2024
Canada 100.00%

Top 10 Holdings

As at April 22, 2024
Security Name Weight
CANADIAN TREASURY BILL 04-07-2024 23.93%
CANADIAN TREASURY BILL 23-05-2024 21.74%
CANADIAN TREASURY BILL 09-05-2024 20.76%
CANADIAN TREASURY BILL 20-06-2024 14.20%
CANADIAN TREASURY BILL 25-04-2024 10.90%
CANADIAN TREASURY BILL 06-06-2024 4.56%
CANADA GOVT DISC 07/18/2024 3.89%
CASH 0.01%

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

At a Glance

Key Features

CBIL invests primarily in short-term Government of Canada T-Bills, which are backed by the credit of the Canadian Government.

CBIL’s yield is generally anticipated to increase or decrease depending on the prevailing interest rate environment in Canada.

Safety + Income

Investment Objective: CBIL seeks to provide interest income through exposure to Government of Canada Treasury Bills with remaining maturities generally less than 3 months.

The amount of the monthly distributions of an ETF, and therefore the *initial targeted annualized net yield and the ongoing annualized net yield of an ETF, may fluctuate based on market conditions, including changes to interest rates. There can be no assurance that an ETF will make any distribution in any particular period or periods. The Manager may, in its complete discretion, change the frequency of these distributions, and any such change will be announced by press release.

CBIL may be susceptible to an increased risk of loss, including losses due to adverse events because fund assets are concentrated in a particular issue, issuer or issuers, country, market segment, or asset class.  While Canadian Treasury obligations are fully backed by the Canadian government, such securities are nonetheless subject to credit risk (i.e. the risk that the issuing government may be, or be perceived to be, unable or unwilling to honour its financial obligations, such as making payments). For a full description of the associated risks, please refer to the fund’s prospectus at www.horizonsetfs.com.

Product Facts

Fund Details

Ticker
CBIL
Inception Date
April 12, 2023
Net Assets ?
$739,151,017
As at  April 22, 2024
Consolidated Prior Day Volume ?
128 275
ForApril 22, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.10%
(Plus applicable sales tax)
Currency
CAD
Currency Hedging
N/A
LEI ?
5493000BCXFK08Z6YU56
Most Recent Distributions Per Unit
0.195
Annualized Distribution Yield ?
4.67 %

As at  April 22, 2024

12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
March 28, 2024
NAV / Unit
$50.0960
Price
$50.09
Premium Discount
$-0.01
Premium Discount Percentage
-0.01%
Outstanding Shares
14,754,700
Weighted Average Duration ?
0.11
Average Credit Quality ?
A-1+
Weighted Average Yield to Maturity ?
4.85%
Weighted Average Term to Maturity
0.11

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 (%)

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

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2024 03/28/2024 03/28/2024 04/05/2024 0.195 Monthly
2024 02/29/2024 02/29/2024 03/07/2024 0.21 Monthly
2024 01/31/2024 01/31/2024 02/07/2024 0.215 Monthly
2023 12/29/2023 12/29/2023 01/08/2024 0.21 Monthly
2023 11/30/2023 11/30/2023 12/07/2023 0.225 Monthly
2023 10/31/2023 10/31/2023 11/07/2023 0.225 Monthly
2023 09/29/2023 09/29/2023 10/06/2023 0.195 Monthly
2023 08/31/2023 08/31/2023 09/08/2023 0.19 Monthly
2023 07/31/2023 07/31/2023 08/08/2023 0.195 Monthly
2023 06/30/2023 06/30/2023 07/10/2023 0.189 Monthly
2023 05/31/2023 05/31/2023 06/07/2023 0.26562 Monthly
Holdings

Credit Ratings

As at April 22, 2024
A-1+ 100.00%

Geographic Exposure

As at  April 22, 2024
Canada 100.00%

Top 10 Holdings

As at April 22, 2024
Security Name Weight
CANADIAN TREASURY BILL 04-07-2024 23.93%
CANADIAN TREASURY BILL 23-05-2024 21.74%
CANADIAN TREASURY BILL 09-05-2024 20.76%
CANADIAN TREASURY BILL 20-06-2024 14.20%
CANADIAN TREASURY BILL 25-04-2024 10.90%
CANADIAN TREASURY BILL 06-06-2024 4.56%
CANADA GOVT DISC 07/18/2024 3.89%
CASH 0.01%

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

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