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CASH

Horizons High Interest Savings ETF

Price
$50.01
$0.01
0.02%
NAV
$49.9998
$-0.1671
-0.33%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$9.56
$-0.04
-0.42%
NAV
$9.8753
$0.2847
2.97%

Active

Covered Call

Fact Sheet
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HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$11.14
$-0.13
-1.15%
NAV
$11.2092
$-0.0103
-0.09%

Active

Corporate Class – Alternative

Fact Sheet
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HAEB

Horizons Active ESG Corporate Bond ETF

An Active Approach to ESG Fixed Income Investing

Horizons Active ESG Corporate Bond ETF (HAEB) is an actively managed ETF that will invest in North American corporate bonds that have gone through a fundamental credit research process and in addition will be scored to evaluate Environmental, Social and Governance (ESG) metrics of each issuer.

Key Features

• All bonds in the portfolio go through an extensive ESG-screening process
• Portfolio is managed by a corporate credit team that oversees more than $20 billion in fixed-income assets
• Fiera Capital’s Integrated Fixed Income team has extensive expertise in the North American corporate bond market and often works directly with issuer management teams
• Each issuer is independently evaluated for both ESG factors and credit metrics

Investment Objective

HAEB seeks long-term moderate capital growth and generates high income. HAEB invests in a portfolio of debt (including debt-like securities) of Canadian and U.S. companies directly, or through investments in securities of other investment funds, including exchange traded funds. Each security in HAEB’s portfolio must achieve minimum inclusion requirements based on environmental, social, and governance (“ESG”) metrics.

Fund Details

Ticker
HAEB
Inception Date
September 20, 2021
Net Assets ?
$4,331,132
As at  November 30, 2022
Consolidated Prior Day Volume ?
63
For  November 30, 2022
Average Daily Trading Volume Over a 12 Month Period ?
512
As at  November 30, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.55%
(Plus applicable sales tax)
Management Expense Ratio ?
0.64%
As at June 30, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
5493000JSASMCALILB90
Most Recent Distributions Per Unit
0.03354
Estimated Annualized Yield ?
4.63 %
12-Month Trailing Yield ?
3.84 %
Distribution Frequency
Monthly
Record Date
November 30, 2022
NAV / Unit
$8.6622
Price
$8.55
Premium Discount
$-0.11
Premium Discount Percentage
-1.31%
Outstanding Shares
500,001
Weighted Average Duration ?
5.65
Average Credit Quality ?
BBB+
Weighted Average Coupon ?
4.01
Weighted Average Yield to Maturity ?
5.63

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 Active ESG Corporate Bond ETF -1.03 -3.87 -2.66 -12.16 -10.57 -- -- -- -11.07

**Fund performance since inception on September 20, 2021, as at October 31, 2022

Calendar Year Performance (%) *

Calendar year performance data is not currently available.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2022 11/29/2022 11/30/2022 12/12/2022 0.03354 Monthly
2022 10/28/2022 10/31/2022 11/10/2022 0.03354 Monthly
2022 09/28/2022 09/29/2022 10/13/2022 0.03354 Monthly
2022 08/30/2022 08/31/2022 09/13/2022 0.03354 Monthly
2022 07/28/2022 07/29/2022 08/11/2022 0.02532 Monthly
2022 06/29/2022 06/30/2022 07/13/2022 0.02627 Monthly
2022 05/30/2022 05/31/2022 06/10/2022 0.02627 Monthly
2022 04/28/2022 04/29/2022 05/11/2022 0.02627 Monthly
2022 03/30/2022 03/31/2022 04/12/2022 0.02391 Monthly
2022 02/25/2022 02/28/2022 03/10/2022 0.02391 Monthly
2022 01/28/2022 01/31/2022 02/10/2022 0.02391 Monthly
2021 12/30/2021 12/31/2021 01/13/2022 0.0239 Monthly

Sector Allocation

As at October 31, 2022
Financials 45.11%
Energy 19.33%
Infrastructure 11.26%
Communication 9.88%
Real Estate 8.78%
Industrial Services 4.83%
Securitization 0.57%
Cash & Equivalents 0.24%

Credit Ratings

As at October 31, 2022
AAA 0.57%
A+ 3.62%
A 13.14%
A- 23.34%
BBB+ 35.03%
BBB 11.16%
BBB- 11.32%
BB+ 0.99%
BB 0.41%
BB- 0.41%

Top 10 Holdings

As at October 31, 2022
Security Name Weight
Bank of Nova Scotia 2.16% 03-Feb-2025 2.42%
Manulife Finance LP 5.06% 15-Dec-2041 2.38%
Greater Toronto Airports Auth 6.98% 15-Oct-2032 2.15%
SmartCentres REIT 3.44% 28-Aug-2026 2.15%
National Bank of Canada 2.58% 03-Feb-2025 2.02%
Canadian Imperial Bank Commrce 2.95% 19-Jun-2029 1.87%
Bank of Nova Scotia 2.84% 03-Jul-2029 1.84%
Telus Corp 5.15% 26-Nov-2043 1.71%
HSBC Bank Canada 1.78% 20-May-2026 1.63%
Bank of Nova Scotia 3.89% 18-Jan-2029 1.56%
At a Glance

An Active Approach to ESG Fixed Income Investing

Horizons Active ESG Corporate Bond ETF (HAEB) is an actively managed ETF that will invest in North American corporate bonds that have gone through a fundamental credit research process and in addition will be scored to evaluate Environmental, Social and Governance (ESG) metrics of each issuer.

Key Features

• All bonds in the portfolio go through an extensive ESG-screening process
• Portfolio is managed by a corporate credit team that oversees more than $20 billion in fixed-income assets
• Fiera Capital’s Integrated Fixed Income team has extensive expertise in the North American corporate bond market and often works directly with issuer management teams
• Each issuer is independently evaluated for both ESG factors and credit metrics

Product Facts

Investment Objective

HAEB seeks long-term moderate capital growth and generates high income. HAEB invests in a portfolio of debt (including debt-like securities) of Canadian and U.S. companies directly, or through investments in securities of other investment funds, including exchange traded funds. Each security in HAEB’s portfolio must achieve minimum inclusion requirements based on environmental, social, and governance (“ESG”) metrics.

Fund Details

Ticker
HAEB
Inception Date
September 20, 2021
Net Assets ?
$4,331,132
As at November 30, 2022
Consolidated Prior Day Volume ?
63
For November 30, 2022
Average Daily Trading Volume Over a 12 Month Period ?
512
As at November 30, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.55%
(Plus applicable sales tax)
Management Expense Ratio ?
0.64%
 As at June 30, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
5493000JSASMCALILB90
Most Recent Distributions Per Unit
0.03354
Estimated Annualized Yield ?
4.63%
12-Month Trailing Yield ?
3.84%
Distribution Frequency
Monthly
Record Date
November 30, 2022
NAV / Unit
$8.6622
Price
$8.55
Premium Discount
$-0.11
Premium Discount Percentage
-1.31%
Outstanding Shares
500,001
Weighted Average Duration ?
5.65
Average Credit Quality ?
BBB+
Weighted Average Coupon ?
4.01
Weighted Average Yield to Maturity ?
5.63

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 Active ESG Corporate Bond ETF -1.03 -3.87 -2.66 -12.16 -10.57 -- -- -- -11.07

**Fund performance since inception on September 20, 2021, as at October 31, 2022

Calendar Year Performance (%)

Calendar year performance data is not currently available.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2022 11/29/2022 11/30/2022 12/12/2022 0.03354 Monthly
2022 10/28/2022 10/31/2022 11/10/2022 0.03354 Monthly
2022 09/28/2022 09/29/2022 10/13/2022 0.03354 Monthly
2022 08/30/2022 08/31/2022 09/13/2022 0.03354 Monthly
2022 07/28/2022 07/29/2022 08/11/2022 0.02532 Monthly
2022 06/29/2022 06/30/2022 07/13/2022 0.02627 Monthly
2022 05/30/2022 05/31/2022 06/10/2022 0.02627 Monthly
2022 04/28/2022 04/29/2022 05/11/2022 0.02627 Monthly
2022 03/30/2022 03/31/2022 04/12/2022 0.02391 Monthly
2022 02/25/2022 02/28/2022 03/10/2022 0.02391 Monthly
2022 01/28/2022 01/31/2022 02/10/2022 0.02391 Monthly
2021 12/30/2021 12/31/2021 01/13/2022 0.0239 Monthly
Holdings

Sector Allocation

As at October 31, 2022
Financials 45.11%
Energy 19.33%
Infrastructure 11.26%
Communication 9.88%
Real Estate 8.78%
Industrial Services 4.83%
Securitization 0.57%
Cash & Equivalents 0.24%

Credit Ratings

As at October 31, 2022
AAA 0.57%
A+ 3.62%
A 13.14%
A- 23.34%
BBB+ 35.03%
BBB 11.16%
BBB- 11.32%
BB+ 0.99%
BB 0.41%
BB- 0.41%

Top 10 Holdings

As at October 31, 2022
Security Name Weight
Bank of Nova Scotia 2.16% 03-Feb-2025 2.42%
Manulife Finance LP 5.06% 15-Dec-2041 2.38%
Greater Toronto Airports Auth 6.98% 15-Oct-2032 2.15%
SmartCentres REIT 3.44% 28-Aug-2026 2.15%
National Bank of Canada 2.58% 03-Feb-2025 2.02%
Canadian Imperial Bank Commrce 2.95% 19-Jun-2029 1.87%
Bank of Nova Scotia 2.84% 03-Jul-2029 1.84%
Telus Corp 5.15% 26-Nov-2043 1.71%
HSBC Bank Canada 1.78% 20-May-2026 1.63%
Bank of Nova Scotia 3.89% 18-Jan-2029 1.56%

Related Posts

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