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CASH

Horizons High Interest Savings ETF

Price
$50.12
$0.02
0.04%
NAV
$50.1089
$0.0051
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$4.77
$-0.05
-1.04%
NAV
$4.7844
$-0.0433
-0.90%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$11.25
$-0.07
-0.62%
NAV
$11.1921
$-0.1562
-1.38%

Active

Corporate Class – Alternative

Fact Sheet
Learn more about HRAA
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DLR.U

Horizons US Dollar Currency ETF

Investing in the Direction of the U.S. Dollar

The relative value of the U.S. dollar to the Canadian dollar is an important consideration for Canadian investors. Many goods and services that Canadians use are in fact sourced in U.S. dollars. Horizons US Dollar Currency ETF (DLR) offers a unique opportunity for investors to capture the positive performance of the U.S. dollar versus the Canadian dollar.

Key Features

• The first U.S. dollar currency ETF in Canada. DLR allows investors to get exposure to the direction of the U.S. dollar versus the Canadian dollar
• None of the additional fees or margin requirements associated with trading currencies directly
• Institutional foreign exchange rate. Ability to transfer DLR units into DLR.U and therefore transact in U.S. dollars, essentially enabling a cost-efficient conversion from U.S. dollars to Canadian dollars (and vice versa)
• Liquidity. Trades intra-day on the Toronto Stock Exchange

Investment Objective

DLR seeks to reflect the reference value in Canadian dollars (in respect of the Cdn$ Units) and U.S. dollars (in respect of the US$ Units) of the U.S. dollar, net of expenses, by investing primarily in cash and Cash Equivalents that are denominated in the U.S. dollar.

Fund Details

Ticker
DLR.U
Inception Date
May 11, 2011
Net Assets ?
$93,475,184
As at  September 23, 2022
Consolidated Prior Day Volume ?
1,791,692
For  September 23, 2022
Average Daily Trading Volume Over a 12 Month Period ?
1,229,150
As at  September 23, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
USDCAD
Management Fee
0.45%
(Plus applicable sales tax)
Management Expense Ratio ?
0.73%
As at June 30, 2022
Currency
USD
Currency Hedging
N/A
LEI ?
54930053AMV2UOW8OZ88
Most Recent Distributions Per Unit
0.05492
12-Month Trailing Yield ?
-- %
Distribution Frequency
Quarterly
Record Date
December 31, 2019
NAV / Unit
$10.0990
Price
$10.09
Premium Discount
$-0.01
Premium Discount Percentage
-0.09%
Outstanding Shares
9,255,913

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 US Dollar Currency ETF 0.16 0.34 0.34 0.28 0.16 0.01 0.44 0.03 -0.04

**Fund performance since inception on May 11, 2011, as at August 31, 2022

Calendar Year Performance (%) *

2014 2015 2016 2017 2018 2019 2020 2021

Horizons US Dollar Currency ETF

-0.56 -0.41 -0.17 0.02 1.06 1.30 -0.15 -0.34

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2019 12/30/2019 12/31/2019 01/13/2020 0.05492 Quarterly

Top Holdings

As at August 31, 2022
Security Name Weight
Cash and Cash Equivalents 100.80%
Other Assets Less Liabilities -0.80%
At a Glance

Investing in the Direction of the U.S. Dollar

The relative value of the U.S. dollar to the Canadian dollar is an important consideration for Canadian investors. Many goods and services that Canadians use are in fact sourced in U.S. dollars. Horizons US Dollar Currency ETF (DLR) offers a unique opportunity for investors to capture the positive performance of the U.S. dollar versus the Canadian dollar.

Key Features

• The first U.S. dollar currency ETF in Canada. DLR allows investors to get exposure to the direction of the U.S. dollar versus the Canadian dollar
• None of the additional fees or margin requirements associated with trading currencies directly
• Institutional foreign exchange rate. Ability to transfer DLR units into DLR.U and therefore transact in U.S. dollars, essentially enabling a cost-efficient conversion from U.S. dollars to Canadian dollars (and vice versa)
• Liquidity. Trades intra-day on the Toronto Stock Exchange

Product Facts

Investment Objective

DLR seeks to reflect the reference value in Canadian dollars (in respect of the Cdn$ Units) and U.S. dollars (in respect of the US$ Units) of the U.S. dollar, net of expenses, by investing primarily in cash and Cash Equivalents that are denominated in the U.S. dollar.

Fund Details

Ticker
DLR.U
Inception Date
May 11, 2011
Net Assets ?
$93,475,184
As at September 23, 2022
Consolidated Prior Day Volume ?
1,791,692
For September 23, 2022
Average Daily Trading Volume Over a 12 Month Period ?
1,229,150
As at September 23, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
USDCAD
Management Fee
0.45%
(Plus applicable sales tax)
Management Expense Ratio ?
0.73%
 As at June 30, 2022
Currency
USD
Currency Hedging
N/A
LEI ?
54930053AMV2UOW8OZ88
Most Recent Distributions Per Unit
0.05492
Estimated Annualized Yield ?
--%
12-Month Trailing Yield ?
--%
Distribution Frequency
Quarterly
Record Date
December 31, 2019
NAV / Unit
$10.0990
Price
$10.09
Premium Discount
$-0.01
Premium Discount Percentage
-0.09%
Outstanding Shares
9,255,913

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 US Dollar Currency ETF 0.16 0.34 0.34 0.28 0.16 0.01 0.44 0.03 -0.04

**Fund performance since inception on May 11, 2011, as at August 31, 2022

Calendar Year Performance (%)

2014 2015 2016 2017 2018 2019 2020 2021
Horizons US Dollar Currency ETF -0.56 -0.41 -0.17 0.02 1.06 1.30 -0.15 -0.34

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2019 12/30/2019 12/31/2019 01/13/2020 0.05492 Quarterly
Holdings

Top Holdings

As at August 31, 2022
Security Name Weight
Cash and Cash Equivalents 100.80%
Other Assets Less Liabilities -0.80%

Related Posts

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