HAC
Investment Objective
HAC seeks to provide long term capital appreciation in all market cycles by tactically allocating its exposure amongst equities, fixed income, commodities and currencies during periods that have historically demonstrated seasonal trends. HAC’s portfolio may from time to time also include a significant amount of cash and/or cash equivalents.
Fund Details
As at March 18, 2024
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 Seasonal Rotation ETF | 2.71 | 7.09 | 15.84 | 2.62 | 15.94 | 10.27 | 7.04 | 7.43 | 7.88 |
**Fund performance since inception on November 19, 2009, as at February 29, 2024
Calendar Year Performance (%) *
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Horizons Seasonal Rotation ETF |
9.28 | 5.06 | -0.93 | 19.53 | -5.51 | 21.40 | -4.97 | 16.36 |
Distributions
Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
---|---|---|---|---|---|---|
2023 | 12/28/2023 | 12/29/2023 | 01/08/2024 | 0.3176 | — | Annual |
2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.09 | 0.13234 | Annual |
2019 | 12/30/2019 | 12/31/2019 | 01/13/2020 | 1.04940 | Annual | |
2011 | 12/28/2011 | 12/30/2011 | 01/12/2012 | 0.0153 | 0.60660 | Annual |
Asset Allocation
As at February 29, 2024Canadian Equity | 52.40% |
US Equity | 33.01% |
Foreign Bonds | 7.41% |
Other | 6.38% |
Cash and Equivalents | 0.79% |
Top 10 Holdings
As at November 30, 2023Security Name | Weight |
---|---|
HORIZONS S&P/TSX 60 INDEX ETF | 33.88% |
HORIZONS S&P 500 INDEX ETF | 17.68% |
INDUSTRIAL SELECT SECT SPDR | 9.07% |
HORIZONS GOLD ETF NEW | 5.43% |
MATERIALS SELECT SECTOR SPDR | 4.94% |
TECHNOLOGY SELECT SECT SPDR | 4.15% |
Horizons Equal Weight Banks Index ETF | 4.05% |
UTILITIES SELECT SECTOR SPDR | 3.92% |
ISHARES RUSSELL 2000 ETF | 3.48% |
SPDR S&P METALS & MINING ETF | 3.09% |
CONSUMER DISCRETIONARY SELT | 2.91% |
HORIZONS GLOBAL URANIUM INDEX | 2.33% |
BMO EQUAL WEIGHT GLOBAL GOLD | 2.08% |
HORIZONS SILVER ETF NEW | 2.04% |
Cash, Cash Equivalents, Margin & Other | 0.69% |
US Dollar Forwards (November) - Currency Hedge ** | 0.27% |
**Reflects gain / loss on currency hedge (Notional exposure of current NAV) | 43.85% |
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Investment Objective
HAC seeks to provide long term capital appreciation in all market cycles by tactically allocating its exposure amongst equities, fixed income, commodities and currencies during periods that have historically demonstrated seasonal trends. HAC’s portfolio may from time to time also include a significant amount of cash and/or cash equivalents.
Fund Details
As at March 18, 2024
As at March 18, 2024
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 Seasonal Rotation ETF | 2.71 | 7.09 | 15.84 | 2.62 | 15.94 | 10.27 | 7.04 | 7.43 | 7.88 |
**Fund performance since inception on November 19, 2009, as at February 29, 2024
Calendar Year Performance (%)
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Horizons Seasonal Rotation ETF | 9.28 | 5.06 | -0.93 | 19.53 | -5.51 | 21.40 | -4.97 | 16.36 |
Distributions
Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
---|---|---|---|---|---|---|
2023 | 12/28/2023 | 12/29/2023 | 01/08/2024 | 0.3176 | Annual | |
2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.09 | 0.13234 | Annual |
2019 | 12/30/2019 | 12/31/2019 | 01/13/2020 | 1.0494 | Annual | |
2011 | 12/28/2011 | 12/30/2011 | 01/12/2012 | 0.0153 | 0.6066 | Annual |
Asset Allocation
As at February 29, 2024Canadian Equity | 52.40% |
US Equity | 33.01% |
Foreign Bonds | 7.41% |
Other | 6.38% |
Cash and Equivalents | 0.79% |
Top 10 Holdings
As at November 30, 2023Security Name | Weight |
---|---|
HORIZONS S&P/TSX 60 INDEX ETF | 33.88% |
HORIZONS S&P 500 INDEX ETF | 17.68% |
INDUSTRIAL SELECT SECT SPDR | 9.07% |
HORIZONS GOLD ETF NEW | 5.43% |
MATERIALS SELECT SECTOR SPDR | 4.94% |
TECHNOLOGY SELECT SECT SPDR | 4.15% |
Horizons Equal Weight Banks Index ETF | 4.05% |
UTILITIES SELECT SECTOR SPDR | 3.92% |
ISHARES RUSSELL 2000 ETF | 3.48% |
SPDR S&P METALS & MINING ETF | 3.09% |
CONSUMER DISCRETIONARY SELT | 2.91% |
HORIZONS GLOBAL URANIUM INDEX | 2.33% |
BMO EQUAL WEIGHT GLOBAL GOLD | 2.08% |
HORIZONS SILVER ETF NEW | 2.04% |
Cash, Cash Equivalents, Margin & Other | 0.69% |
US Dollar Forwards (November) - Currency Hedge ** | 0.27% |
**Reflects gain / loss on currency hedge (Notional exposure of current NAV) | 43.85% |