HAEB
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 ?
$4,153,929
As at September 28, 2023
Consolidated Prior Day Volume ?
1
For September 28, 2023
Average Daily Trading Volume Over a 12 Month Period ?
115
As at September 28, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Management Fee
0.55%
(Plus applicable sales tax)
Management Expense Ratio ?
0.64%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
LEI ?
5493000JSASMCALILB90
Distribution Metrics
Most Recent Distributions Per Unit
$0.02900
Annualized Distribution Yield ?
4.19 %
As at September 28, 2023
12-Month Trailing Yield ?
4.35 %
Distribution Frequency
Monthly
Record Date
September 29, 2023
Portfolio Investment Metrics
As at August 31, 2023
Weighted Average Duration ?
5.62
Average Credit Quality ?
BBB+
Weighted Average Coupon ?
4.24
Weighted Average Yield to Maturity ?
5.69%
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 | -0.17 | -0.29 | 0.75 | 2.36 | 2.27 | -- | -- | -- | -4.38 |
**Fund performance since inception on September 20, 2021, as at August 31, 2023
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons Active ESG Corporate Bond ETF |
-- | -- | -- | -- | -- | -- | -- | -10.39 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2023 | 09/28/2023 | 09/29/2023 | 10/06/2023 | 0.029 | — | Monthly |
| 2023 | 08/30/2023 | 08/31/2023 | 09/08/2023 | 0.029 | — | Monthly |
| 2023 | 07/28/2023 | 07/31/2023 | 08/08/2023 | 0.029 | — | Monthly |
| 2023 | 06/29/2023 | 06/30/2023 | 07/10/2023 | 0.0293 | — | Monthly |
| 2023 | 05/30/2023 | 05/31/2023 | 06/07/2023 | 0.0293 | — | Monthly |
| 2023 | 04/27/2023 | 04/28/2023 | 05/05/2023 | 0.0293 | — | Monthly |
| 2023 | 03/30/2023 | 03/31/2023 | 04/10/2023 | 0.03023 | — | Monthly |
| 2023 | 02/27/2023 | 02/28/2023 | 03/07/2023 | 0.03023 | — | Monthly |
| 2023 | 01/30/2023 | 01/31/2023 | 02/10/2023 | 0.03023 | — | Monthly |
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.03354 | — | Monthly |
| 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 August 31, 2023| Financials | 43.73% |
| Energy | 20.27% |
| Infrastructure | 10.86% |
| Communication | 9.55% |
| Real Estate | 8.15% |
| Industrial Services | 4.63% |
| Federal | 1.99% |
| Securitization | 0.56% |
| Cash & Equivalents | 0.26% |
Credit Ratings
As at August 31, 2023| AAA | 2.56% |
| A+ | 2.26% |
| A | 18.16% |
| A- | 21.51% |
| BBB+ | 28.94% |
| BBB | 12.19% |
| BBB- | 11.86% |
| BB+ | 0.98% |
| BB | 1.11% |
| BB- | 0.42% |
Top 10 Holdings
As at August 31, 2023| Security Name | Weight |
|---|---|
| Bank of Montreal 4.71% 07-Dec-2027 | 3.06% |
| Manulife Finance LP 5.06% 15-Dec-2041 | 2.41% |
| SmartCentres REIT 3.44% 28-Aug-2026 | 2.15% |
| National Bank of Canada 2.58% 03-Feb-2025 | 2.02% |
| Greater Toronto Airports Auth 6.98% 15-Oct-2032 | 1.62% |
| National Bank of Canada 5.30% 03-Nov-2025 | 1.58% |
| Canadian Imperial Bank Commrce 2.75% 07-Mar-2025 | 1.54% |
| Telus Corp 5.15% 26-Nov-2043 | 1.51% |
| 407 International Inc 4.45% 15-Nov-2041 | 1.50% |
| FortisAlberta Inc 4.11% 29-Sep-2044 | 1.46% |
Education
Regulatory and Legal
At a Glance
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.
Product Facts
Fund Details
Ticker
HAEB
Inception Date
September 20, 2021
Net Assets ?
$4,153,929
As at September 28, 2023
Consolidated Prior Day Volume ?
1
ForSeptember 28, 2023
Average Daily Trading Volume Over a 12 Month Period ?
115
As at September 28, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Management Fee
0.55%
(Plus applicable sales tax)
Management Expense Ratio ?
0.64%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
LEI ?
5493000JSASMCALILB90
Distribution Metrics
As at September 28, 2023
Most Recent Distributions Per Unit
0.029
Annualized Distribution Yield ?
4.19 %
As at September 28, 2023
12-Month Trailing Yield ?
4.35 %
Distribution Frequency
Monthly
Record Date
September 29, 2023
Portfolio Investment Metrics
As at August 31, 2023
Weighted Average Duration ?
5.62
Average Credit Quality ?
BBB+
Weighted Average Coupon ?
4.24
Weighted Average Yield to Maturity ?
5.69%
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 | -0.17 | -0.29 | 0.75 | 2.36 | 2.27 | -- | -- | -- | -4.38 |
**Fund performance since inception on September 20, 2021, as at August 31, 2023
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons Active ESG Corporate Bond ETF | -- | -- | -- | -- | -- | -- | -- | -10.39 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2023 | 09/28/2023 | 09/29/2023 | 10/06/2023 | 0.029 | Monthly | |
| 2023 | 08/30/2023 | 08/31/2023 | 09/08/2023 | 0.029 | Monthly | |
| 2023 | 07/28/2023 | 07/31/2023 | 08/08/2023 | 0.029 | Monthly | |
| 2023 | 06/29/2023 | 06/30/2023 | 07/10/2023 | 0.0293 | Monthly | |
| 2023 | 05/30/2023 | 05/31/2023 | 06/07/2023 | 0.0293 | Monthly | |
| 2023 | 04/27/2023 | 04/28/2023 | 05/05/2023 | 0.0293 | Monthly | |
| 2023 | 03/30/2023 | 03/31/2023 | 04/10/2023 | 0.03023 | Monthly | |
| 2023 | 02/27/2023 | 02/28/2023 | 03/07/2023 | 0.03023 | Monthly | |
| 2023 | 01/30/2023 | 01/31/2023 | 02/10/2023 | 0.03023 | Monthly | |
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.03354 | Monthly | |
| 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 August 31, 2023| Financials | 43.73% |
| Energy | 20.27% |
| Infrastructure | 10.86% |
| Communication | 9.55% |
| Real Estate | 8.15% |
| Industrial Services | 4.63% |
| Federal | 1.99% |
| Securitization | 0.56% |
| Cash & Equivalents | 0.26% |
Credit Ratings
As at August 31, 2023| AAA | 2.56% |
| A+ | 2.26% |
| A | 18.16% |
| A- | 21.51% |
| BBB+ | 28.94% |
| BBB | 12.19% |
| BBB- | 11.86% |
| BB+ | 0.98% |
| BB | 1.11% |
| BB- | 0.42% |
Top 10 Holdings
As at August 31, 2023| Security Name | Weight |
|---|---|
| Bank of Montreal 4.71% 07-Dec-2027 | 3.06% |
| Manulife Finance LP 5.06% 15-Dec-2041 | 2.41% |
| SmartCentres REIT 3.44% 28-Aug-2026 | 2.15% |
| National Bank of Canada 2.58% 03-Feb-2025 | 2.02% |
| Greater Toronto Airports Auth 6.98% 15-Oct-2032 | 1.62% |
| National Bank of Canada 5.30% 03-Nov-2025 | 1.58% |
| Canadian Imperial Bank Commrce 2.75% 07-Mar-2025 | 1.54% |
| Telus Corp 5.15% 26-Nov-2043 | 1.51% |
| 407 International Inc 4.45% 15-Nov-2041 | 1.50% |
| FortisAlberta Inc 4.11% 29-Sep-2044 | 1.46% |
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