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HBNK

Horizons Equal Weight Banks Index ETF

Price
$19.35
$0.05
0.26%
NAV
$19.2848
$0.0204
0.11%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

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

Price
$27.34
$0.14
0.51%
NAV
$27.1873
$0.0910
0.34%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.03
$0.00
0.00%
NAV
$50.0281
$0.0208
0.04%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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EQCL

Horizons Enhanced All-Equity Asset Allocation Covered Call ETF

Asset Allocation, Meet Covered Calls & Leverage

Investment Objective: EQCL seeks to provide a combination of a high level of income and long-term capital growth, primarily by investing, directly or indirectly, in exchange traded funds that provide exposure to a globally diversified portfolio of equity securities. To generate premiums, EQCL will be exposed to a dynamic covered call option writing program.

EQCL will also employ leverage (not to exceed the limits on use of leverage described under “Investment Strategies”) through cash borrowing and will generally endeavour to maintain a leverage ratio of approximately 125%.

Fund Details

Ticker
EQCL
Inception Date
October 10, 2023
Net Assets ?
$3,544,776
As at  December 04, 2023
Consolidated Prior Day Volume ?
2 032
For  December 04, 2023
Average Daily Trading Volume Over a 12 Month Period ?
3,947
As at  December 04, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.75%
(Plus applicable sales tax)
Management Expense Ratio ?
N/A (New ETF)
Currency
CAD
Currency Hedging
No
LEI ?
894500DOEPOZH7QV0S84
Most Recent Distributions Per Unit
$0.19500
12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
November 30, 2023
NAV / Unit
$20.2557
Price
$20.27
Premium Discount
$0.01
Premium Discount Percentage
0.07%
Outstanding Shares
175,001

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
2023 11/29/2023 11/30/2023 12/07/2023 0.195 Monthly
2023 10/30/2023 10/31/2023 11/07/2023 0.195 Monthly

Top 10 Holdings

As at December 04, 2023
Security Name Weight
Horizons US Large Cap Eq Cov Call U$ ETF C$ (USCC) 43.66%
Horizons Intl Developed Mkts Eq Ix ETF (HXDM) 31.46%
Horizons Canadian Lrg Cap Eq Cov Call ETF (CNCC) 25.41%
Horizons Emerging Markets Equity IdxETF C$ (HXEM) 12.41%
Horizons NASDAQ-100 Covered Call ETF (QQCC) 12.35%
CASH 0.79%

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

At a Glance

Asset Allocation, Meet Covered Calls & Leverage

Investment Objective: EQCL seeks to provide a combination of a high level of income and long-term capital growth, primarily by investing, directly or indirectly, in exchange traded funds that provide exposure to a globally diversified portfolio of equity securities. To generate premiums, EQCL will be exposed to a dynamic covered call option writing program.

EQCL will also employ leverage (not to exceed the limits on use of leverage described under “Investment Strategies”) through cash borrowing and will generally endeavour to maintain a leverage ratio of approximately 125%.

Product Facts

Fund Details

Ticker
EQCL
Inception Date
October 10, 2023
Net Assets ?
$3,544,776
As at  December 04, 2023
Consolidated Prior Day Volume ?
2 032
ForDecember 04, 2023
Average Daily Trading Volume Over a 12 Month Period ?
3,947
As at  December 04, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.75%
(Plus applicable sales tax)
Management Expense Ratio ?
N/A (New ETF)
Currency
CAD
Currency Hedging
No
LEI ?
894500DOEPOZH7QV0S84
Most Recent Distributions Per Unit
0.195
12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
November 30, 2023
NAV / Unit
$20.2557
Price
$20.27
Premium Discount
$0.01
Premium Discount Percentage
0.07%
Outstanding Shares
175,001

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
2023 11/29/2023 11/30/2023 12/07/2023 0.195 Monthly
2023 10/30/2023 10/31/2023 11/07/2023 0.195 Monthly
Holdings

Top 10 Holdings

As at December 04, 2023
Security Name Weight
Horizons US Large Cap Eq Cov Call U$ ETF C$ (USCC) 43.66%
Horizons Intl Developed Mkts Eq Ix ETF (HXDM) 31.46%
Horizons Canadian Lrg Cap Eq Cov Call ETF (CNCC) 25.41%
Horizons Emerging Markets Equity IdxETF C$ (HXEM) 12.41%
Horizons NASDAQ-100 Covered Call ETF (QQCC) 12.35%
CASH 0.79%

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!