HAF
An Active Bond ETF Designed for Interest Rate Protection
Horizons Active Global Fixed Income ETF (HAF) is an actively managed bond ETF which seeks to provide attractive tax-efficient monthly distributions by taking advantage of global bond opportunities
Key Features
• Diversified exposure to global fixed income securities
• Potential protection against rising and declining rates
• Sub-advisor Fiera Capital Corporation (“Fiera Capital”) aims to match duration with yield, which can offer some downside protection against interest rate moves of one percent or less and may limit upside potential
Investment Objective
HAF seeks to provide Unitholders with: (i) a stable stream of monthly distributions; and (ii) the opportunity for capital appreciation through a tactical asset allocation strategy that includes managing the duration and yield of its exposure to debt (including debt-like securities) according to the prevailing interest rate environment.
Fund Details
Ticker
HAF
Inception Date
July 20, 2009
Net Assets ?
$21,810,141
As at March 17, 2023
Consolidated Prior Day Volume ?
7,350
For March 17, 2023
Average Daily Trading Volume Over a 12 Month Period ?
7,422
As at March 17, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Management Fee
0.45%
(Plus applicable sales tax)
Management Expense Ratio ?
0.70%
As at June 30, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
5493002B6CQGL8VQUT34
Distribution Metrics
Most Recent Distributions Per Unit
0.03153
Estimated Annualized Yield ?
5.45 %
12-Month Trailing Yield ?
4.67 %
Distribution Frequency
Monthly
Record Date
February 28, 2023
Portfolio Investment Metrics
As at February 28, 2023
Weighted Average Duration ?
4.57
Average Credit Quality ?
--
Weighted Average Coupon ?
0.00
Weighted Average Yield to Maturity ?
7.74
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 Global Fixed Income ETF | -1.91 | 0.99 | 1.79 | 0.64 | -2.72 | 0.24 | 0.37 | 1.44 | 1.42 |
**Fund performance since inception on July 20, 2009, as at February 28, 2023
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons Active Global Fixed Income ETF |
-3.50 | 6.64 | 4.67 | -1.07 | 3.59 | 2.32 | 2.20 | -5.50 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2023 | 02/27/2023 | 02/28/2023 | 03/07/2023 | 0.03153 | — | Monthly |
| 2023 | 01/30/2023 | 01/31/2023 | 02/10/2023 | 0.03153 | — | Monthly |
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.03385 | — | Monthly |
| 2022 | 11/29/2022 | 11/30/2022 | 12/12/2022 | 0.02952 | — | Monthly |
| 2022 | 10/28/2022 | 10/31/2022 | 11/10/2022 | 0.02812 | — | Monthly |
| 2022 | 09/28/2022 | 09/29/2022 | 10/13/2022 | 0.02651 | — | Monthly |
| 2022 | 08/30/2022 | 08/31/2022 | 09/13/2022 | 0.02651 | — | Monthly |
| 2022 | 07/28/2022 | 07/29/2022 | 08/11/2022 | 0.02651 | — | Monthly |
| 2022 | 06/29/2022 | 06/30/2022 | 07/13/2022 | 0.02296 | — | Monthly |
| 2022 | 05/30/2022 | 05/31/2022 | 06/10/2022 | 0.02296 | — | Monthly |
| 2022 | 04/28/2022 | 04/29/2022 | 05/11/2022 | 0.02296 | — | Monthly |
| 2022 | 03/30/2022 | 03/31/2022 | 04/12/2022 | 0.02027 | — | Monthly |
| 2022 | 02/25/2022 | 02/28/2022 | 03/10/2022 | 0.02027 | — | Monthly |
| 2022 | 01/28/2022 | 01/31/2022 | 02/10/2022 | 0.02027 | — | Monthly |
| 2021 | 12/30/2021 | 12/31/2021 | 01/13/2022 | 0.01538 | — | Monthly |
| 2021 | 11/29/2021 | 11/30/2021 | 12/10/2021 | 0.01538 | — | Monthly |
| 2021 | 10/28/2021 | 10/29/2021 | 11/10/2021 | 0.01538 | — | Monthly |
| 2021 | 09/28/2021 | 09/29/2021 | 10/13/2021 | 0.0156 | — | Monthly |
| 2021 | 08/30/2021 | 08/31/2021 | 09/13/2021 | 0.0156 | — | Monthly |
| 2021 | 07/29/2021 | 07/30/2021 | 08/12/2021 | 0.0156 | — | Monthly |
| 2021 | 06/29/2021 | 06/30/2021 | 07/13/2021 | 0.01481 | — | Monthly |
| 2021 | 05/28/2021 | 05/31/2021 | 06/10/2021 | 0.0148 | — | Monthly |
| 2021 | 04/29/2021 | 04/30/2021 | 05/12/2021 | 0.0148 | — | Monthly |
| 2021 | 03/30/2021 | 03/31/2021 | 04/13/2021 | 0.0141 | — | Monthly |
| 2021 | 02/25/2021 | 02/26/2021 | 03/10/2021 | 0.0141 | — | Monthly |
| 2021 | 01/28/2021 | 01/29/2021 | 02/10/2021 | 0.0187 | — | Monthly |
| 2020 | 12/30/2020 | 12/31/2020 | 01/13/2021 | 0.0187 | — | Monthly |
| 2020 | 11/27/2020 | 11/30/2020 | 12/10/2020 | 0.0187 | — | Monthly |
| 2020 | 10/29/2020 | 10/30/2020 | 11/12/2020 | 0.0187 | — | Monthly |
| 2020 | 09/29/2020 | 09/30/2020 | 10/13/2020 | 0.0187 | — | Monthly |
| 2020 | 08/28/2020 | 08/31/2020 | 09/11/2020 | 0.0187 | — | Monthly |
| 2020 | 07/30/2020 | 07/31/2020 | 08/13/2020 | 0.0187 | — | Monthly |
| 2020 | 06/29/2020 | 06/30/2020 | 07/13/2020 | 0.0209 | — | Monthly |
| 2020 | 05/28/2020 | 05/29/2020 | 06/10/2020 | 0.0209 | — | Monthly |
| 2020 | 04/29/2020 | 04/30/2020 | 05/12/2020 | 0.0209 | — | Monthly |
| 2020 | 03/30/2020 | 03/31/2020 | 04/13/2020 | 0.0231 | — | Monthly |
| 2020 | 02/27/2020 | 02/28/2020 | 03/11/2020 | 0.0195 | — | Monthly |
| 2020 | 01/30/2020 | 01/31/2020 | 02/12/2020 | 0.0195 | — | Monthly |
| 2019 | 12/30/2019 | 12/31/2019 | 01/13/2020 | 0.036 | — | Monthly |
| 2019 | 11/28/2019 | 11/29/2019 | 12/11/2019 | 0.0245 | — | Monthly |
| 2019 | 10/30/2019 | 10/31/2019 | 11/13/2019 | 0.0245 | — | Monthly |
| 2019 | 09/27/2019 | 09/30/2019 | 10/10/2019 | 0.0204 | — | Monthly |
| 2019 | 08/29/2019 | 08/30/2019 | 09/12/2019 | 0.0204 | — | Monthly |
| 2019 | 07/30/2019 | 07/31/2019 | 08/13/2019 | 0.0204 | — | Monthly |
| 2019 | 06/27/2019 | 06/28/2019 | 07/11/2019 | 0.0179 | — | Monthly |
| 2019 | 05/30/2019 | 05/31/2019 | 06/12/2019 | 0.0179 | — | Monthly |
| 2019 | 04/29/2019 | 04/30/2019 | 05/10/2019 | 0.0179 | — | Monthly |
| 2019 | 03/28/2019 | 03/29/2019 | 04/10/2019 | 0.018 | — | Monthly |
| 2019 | 02/27/2019 | 02/28/2019 | 03/12/2019 | 0.018 | — | Monthly |
| 2019 | 01/30/2019 | 01/31/2019 | 02/12/2019 | 0.018 | — | Monthly |
| 2018 | 12/28/2018 | 12/31/2018 | 01/11/2019 | 0.0234 | — | Monthly |
| 2018 | 11/29/2018 | 11/30/2018 | 12/12/2018 | 0.029 | — | Monthly |
| 2018 | 10/30/2018 | 10/31/2018 | 11/13/2018 | 0.0184 | — | Monthly |
| 2018 | 09/27/2018 | 09/28/2018 | 10/11/2018 | 0.0159 | — | Monthly |
| 2018 | 08/30/2018 | 08/31/2018 | 09/13/2018 | 0.0159 | — | Monthly |
| 2018 | 07/30/2018 | 07/31/2018 | 08/13/2018 | 0.0159 | — | Monthly |
| 2018 | 06/28/2018 | 06/29/2018 | 07/12/2018 | 0.0167 | — | Monthly |
| 2018 | 05/30/2018 | 05/31/2018 | 06/12/2018 | 0.0167 | — | Monthly |
| 2018 | 04/27/2018 | 04/30/2018 | 05/10/2018 | 0.0167 | — | Monthly |
| 2018 | 03/28/2018 | 03/29/2018 | 04/11/2018 | 0.0168 | — | Monthly |
| 2018 | 02/27/2018 | 02/28/2018 | 03/12/2018 | 0.0168 | — | Monthly |
| 2018 | 01/30/2018 | 01/31/2018 | 02/12/2018 | 0.0168 | — | Monthly |
| 2017 | 12/28/2017 | 12/29/2017 | 01/11/2018 | 0.0179 | — | Monthly |
| 2017 | 11/29/2017 | 11/30/2017 | 12/12/2017 | 0.0179 | — | Monthly |
| 2017 | 10/30/2017 | 10/31/2017 | 11/10/2017 | 0.0179 | — | Monthly |
| 2017 | 09/28/2017 | 09/29/2017 | 10/12/2017 | 0.0195 | — | Monthly |
| 2017 | 08/29/2017 | 08/31/2017 | 09/13/2017 | 0.0195 | — | Monthly |
| 2017 | 07/27/2017 | 07/31/2017 | 08/11/2017 | 0.0195 | — | Monthly |
| 2017 | 06/28/2017 | 06/30/2017 | 07/13/2017 | 0.0204 | — | Monthly |
| 2017 | 05/29/2017 | 05/31/2017 | 06/12/2017 | 0.0204 | — | Monthly |
| 2017 | 04/25/2017 | 04/27/2017 | 05/09/2017 | 0.0204 | — | Monthly |
| 2017 | 03/29/2017 | 03/31/2017 | 04/12/2017 | 0.0247 | — | Monthly |
| 2017 | 02/24/2017 | 02/28/2017 | 03/10/2017 | 0.0247 | — | Monthly |
| 2017 | 01/27/2017 | 01/31/2017 | 02/10/2017 | 0.0247 | — | Monthly |
| 2016 | 12/28/2016 | 12/30/2016 | 01/12/2017 | 0.0242 | — | Monthly |
| 2016 | 11/28/2016 | 11/30/2016 | 12/01/2016 | 0.0242 | — | Monthly |
| 2016 | 10/27/2016 | 10/31/2016 | 11/10/2016 | 0.0242 | — | Monthly |
| 2016 | 09/28/2016 | 09/30/2016 | 10/13/2016 | 0.0246 | — | Monthly |
| 2016 | 08/29/2016 | 08/31/2016 | 09/13/2016 | 0.0242 | — | Monthly |
| 2016 | 07/27/2016 | 07/29/2016 | 08/11/2016 | 0.0246 | — | Monthly |
| 2016 | 06/28/2016 | 06/30/2016 | 07/13/2016 | 0.0276 | — | Monthly |
| 2016 | 05/27/2016 | 05/31/2016 | 06/12/2016 | 0.0276 | — | Monthly |
| 2016 | 04/27/2016 | 04/29/2016 | 05/11/2016 | 0.0276 | — | Monthly |
| 2016 | 03/29/2016 | 03/31/2016 | 04/12/2016 | 0.0282 | — | Monthly |
| 2016 | 02/25/2016 | 02/29/2016 | 03/10/2016 | 0.0282 | — | Monthly |
| 2016 | 01/27/2016 | 01/29/2016 | 02/10/2016 | 0.0282 | — | Monthly |
| 2015 | 12/29/2015 | 12/31/2015 | 01/13/2016 | 0.0271 | — | Monthly |
| 2015 | 11/26/2015 | 11/30/2015 | 12/10/2015 | 0.0271 | — | Monthly |
| 2015 | 10/28/2015 | 10/31/2015 | 11/12/2015 | 0.0271 | — | Monthly |
| 2015 | 09/28/2015 | 09/30/2015 | 10/13/2015 | 0.0237 | — | Monthly |
| 2015 | 08/27/2015 | 08/31/2015 | 09/11/2015 | 0.0237 | — | Monthly |
| 2015 | 07/29/2015 | 07/31/2015 | 08/13/2015 | 0.0237 | — | Monthly |
| 2015 | 06/26/2015 | 06/30/2015 | 07/13/2015 | 0.0226 | — | Monthly |
| 2015 | 05/27/2015 | 05/29/2015 | 06/10/2015 | 0.0226 | — | Monthly |
| 2015 | 04/28/2015 | 04/30/2015 | 05/12/2015 | 0.0226 | — | Monthly |
| 2015 | 03/27/2015 | 03/31/2015 | 04/13/2015 | 0.0257 | — | Monthly |
| 2015 | 02/25/2015 | 02/27/2015 | 03/11/2015 | 0.0257 | — | Monthly |
| 2015 | 01/28/2015 | 01/30/2015 | 02/11/2015 | 0.0257 | — | Monthly |
| 2014 | 12/29/2014 | 12/31/2014 | 01/13/2015 | 0.0256 | — | Monthly |
| 2014 | 11/26/2014 | 11/28/2014 | 12/10/2014 | 0.0256 | — | Monthly |
| 2014 | 10/29/2014 | 10/31/2014 | 11/12/2014 | 0.0256 | — | Monthly |
| 2014 | 09/26/2014 | 09/30/2014 | 10/10/2014 | 0.0259 | — | Monthly |
| 2014 | 08/27/2014 | 08/29/2014 | 09/11/2014 | 0.0259 | — | Monthly |
| 2014 | 07/29/2014 | 07/31/2014 | 08/13/2014 | 0.0259 | — | Monthly |
| 2014 | 06/26/2014 | 06/30/2014 | 07/11/2014 | 0.0281 | — | Monthly |
| 2014 | 05/28/2014 | 05/30/2014 | 06/11/2014 | 0.0281 | — | Monthly |
| 2014 | 04/28/2014 | 04/30/2014 | 05/12/2014 | 0.0281 | — | Monthly |
| 2014 | 03/27/2014 | 03/31/2014 | 04/10/2014 | 0.0243 | — | Monthly |
| 2014 | 02/26/2014 | 02/28/2014 | 03/10/2014 | 0.0243 | — | Monthly |
| 2014 | 01/29/2014 | 01/31/2014 | 02/12/2014 | 0.0243 | — | Monthly |
| 2013 | 12/27/2013 | 12/31/2013 | 01/13/2014 | 0.0276 | — | Monthly |
| 2013 | 11/27/2013 | 11/29/2013 | 12/11/2013 | 0.0259 | — | Monthly |
| 2013 | 10/29/2013 | 10/31/2013 | 11/12/2013 | 0.0259 | — | Monthly |
| 2013 | 09/26/2013 | 09/30/2013 | 10/10/2013 | 0.0243 | — | Monthly |
| 2013 | 08/28/2013 | 08/30/2013 | 09/12/2013 | 0.0243 | — | Monthly |
| 2013 | 07/29/2013 | 07/31/2013 | 08/13/2013 | 0.0319 | — | Monthly |
| 2013 | 06/26/2013 | 06/28/2013 | 07/11/2013 | 0.0319 | — | Monthly |
| 2013 | 05/29/2013 | 05/31/2013 | 06/12/2013 | 0.0319 | — | Monthly |
| 2013 | 04/26/2013 | 04/30/2013 | 05/10/2013 | 0.0319 | — | Monthly |
| 2013 | 03/26/2013 | 03/28/2013 | 04/10/2013 | 0.0319 | — | Monthly |
| 2013 | 02/26/2013 | 02/28/2013 | 03/12/2013 | 0.0319 | — | Monthly |
| 2013 | 01/29/2013 | 01/31/2013 | 02/12/2013 | 0.0319 | — | Monthly |
| 2012 | 12/27/2012 | 12/31/2012 | 01/11/2013 | 0.0319 | — | Monthly |
| 2012 | 11/28/2012 | 11/30/2012 | 12/12/2012 | 0.0319 | — | Monthly |
| 2012 | 10/29/2012 | 10/31/2012 | 11/09/2012 | 0.0319 | — | Monthly |
| 2012 | 09/26/2012 | 09/28/2012 | 10/11/2012 | 0.0319 | — | Monthly |
| 2012 | 08/29/2012 | 08/31/2012 | 09/13/2012 | 0.0319 | — | Monthly |
| 2012 | 07/27/2012 | 07/31/2012 | 08/13/2012 | 0.0375 | — | Monthly |
| 2012 | 06/27/2012 | 06/29/2012 | 07/12/2012 | 0.0375 | — | Monthly |
| 2012 | 05/29/2012 | 05/31/2012 | 06/12/2012 | 0.0375 | — | Monthly |
| 2012 | 04/26/2012 | 04/30/2012 | 05/10/2012 | 0.0375 | — | Monthly |
| 2012 | 03/28/2012 | 03/30/2012 | 04/12/2012 | 0.0375 | — | Monthly |
| 2012 | 02/27/2012 | 02/29/2012 | 03/12/2012 | 0.0375 | — | Monthly |
| 2012 | 01/27/2012 | 01/31/2012 | 02/10/2012 | 0.0375 | — | Monthly |
| 2011 | 12/28/2011 | 12/30/2011 | 01/12/2012 | 0.0375 | — | Monthly |
| 2011 | 11/28/2011 | 11/30/2011 | 12/12/2011 | 0.0375 | — | Monthly |
| 2011 | 10/27/2011 | 10/31/2011 | 11/10/2011 | 0.0375 | — | Monthly |
| 2011 | 09/28/2011 | 09/30/2011 | 10/13/2011 | 0.0375 | — | Monthly |
| 2011 | 08/29/2011 | 08/31/2011 | 09/13/2011 | 0.0375 | — | Monthly |
| 2011 | 07/27/2011 | 07/29/2011 | 08/11/2011 | 0.0375 | — | Monthly |
| 2011 | 06/27/2011 | 06/29/2011 | 07/12/2011 | 0.0375 | — | Monthly |
| 2011 | 05/27/2011 | 05/31/2011 | 06/10/2011 | 0.0375 | — | Monthly |
| 2011 | 04/27/2011 | 04/29/2011 | 05/11/2011 | 0.0375 | — | Monthly |
| 2011 | 03/29/2011 | 03/31/2011 | 04/12/2011 | 0.0375 | — | Monthly |
| 2011 | 02/24/2011 | 02/28/2011 | 03/10/2011 | 0.0375 | — | Monthly |
| 2011 | 01/27/2011 | 01/31/2011 | 02/10/2011 | 0.0375 | — | Monthly |
| 2010 | 12/29/2010 | 12/31/2010 | 01/17/2011 | 0.0375 | — | Monthly |
| 2010 | 11/26/2010 | 11/30/2010 | 12/10/2010 | 0.0375 | — | Monthly |
| 2010 | 10/27/2010 | 10/29/2010 | 11/12/2010 | 0.0375 | — | Monthly |
| 2010 | 09/28/2010 | 09/30/2010 | 10/14/2010 | 0.0375 | — | Monthly |
| 2010 | 08/27/2010 | 08/31/2010 | 09/15/2010 | 0.0375 | — | Monthly |
| 2010 | 07/29/2010 | 07/31/2010 | 08/16/2010 | 0.0583 | — | Monthly |
| 2010 | 06/28/2010 | 06/30/2010 | 07/13/2010 | 0.0583 | — | Monthly |
| 2010 | 05/27/2010 | 05/31/2010 | 06/14/2010 | 0.0583 | — | Monthly |
| 2010 | 04/28/2010 | 04/30/2010 | 05/12/2010 | 0.0583 | — | Monthly |
| 2010 | 03/29/2010 | 03/31/2010 | 04/14/2010 | 0.0583 | — | Monthly |
| 2010 | 02/25/2010 | 02/28/2010 | 03/12/2010 | 0.0583 | — | Monthly |
| 2010 | 01/28/2010 | 01/31/2010 | 02/12/2010 | 0.0583 | — | Monthly |
| 2009 | 12/29/2009 | 12/31/2009 | 01/15/2010 | 0.0583 | — | Monthly |
| 2009 | 11/26/2009 | 11/30/2009 | 12/14/2009 | 0.0583 | — | Monthly |
| 2009 | 10/28/2009 | 10/31/2009 | 11/13/2009 | 0.0583 | — | Monthly |
| 2009 | 09/28/2009 | 09/30/2009 | 10/15/2009 | 0.0583 | — | Monthly |
| 2009 | 08/27/2009 | 08/31/2009 | 09/15/2009 | 0.0771 | — | Monthly |
Geographic Exposure
As at February 28, 2023| United States | 43.90% |
| Others | 43.43% |
| Canada | 12.67% |
Top 10 Holdings
As at February 28, 2023| Security Name | Weight |
|---|---|
| United States Treasury 3.50% 31-Jan-2028 | 7.94% |
| UNITED STATES TREASURY NOTE/BOND 4.00% 15-Feb-2026 | 7.36% |
| Mexico Government 5.50% 04-Mar-2027 | 3.14% |
| Colombia Government 8.00% 20-Apr-2033 | 3.12% |
| France Government 2.00% 25-Nov-2032 | 3.00% |
| Ecopetrol SA 8.88% 13-Jan-2033 | 2.46% |
| Kohls Corp 3.63% 01-May-2031 | 2.22% |
| Ford Credit Canada Co 2.96% 16-Sep-2026 | 2.05% |
| Peru LNG SRL 5.38% 22-Mar-2030 | 2.04% |
| United States Treasury 4.38% 31-Oct-2024 | 2.03% |
Education
Regulatory and Legal
Financial Reports
At a Glance
An Active Bond ETF Designed for Interest Rate Protection
Horizons Active Global Fixed Income ETF (HAF) is an actively managed bond ETF which seeks to provide attractive tax-efficient monthly distributions by taking advantage of global bond opportunities
Key Features
• Diversified exposure to global fixed income securities
• Potential protection against rising and declining rates
• Sub-advisor Fiera Capital Corporation (“Fiera Capital”) aims to match duration with yield, which can offer some downside protection against interest rate moves of one percent or less and may limit upside potential
Product Facts
Investment Objective
HAF seeks to provide Unitholders with: (i) a stable stream of monthly distributions; and (ii) the opportunity for capital appreciation through a tactical asset allocation strategy that includes managing the duration and yield of its exposure to debt (including debt-like securities) according to the prevailing interest rate environment.
Fund Details
Ticker
HAF
Inception Date
July 20, 2009
Net Assets ?
$21,810,141
As at March 17, 2023
Consolidated Prior Day Volume ?
7,350
For March 17, 2023
Average Daily Trading Volume Over a 12 Month Period ?
7,422
As at March 17, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Management Fee
0.45%
(Plus applicable sales tax)
Management Expense Ratio ?
0.70%
As at June 30, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
5493002B6CQGL8VQUT34
Distribution Metrics
Most Recent Distributions Per Unit
0.03153
Estimated Annualized Yield ?
5.45%
12-Month Trailing Yield ?
4.67%
Distribution Frequency
Monthly
Record Date
February 28, 2023
Portfolio Investment Metrics
As at February 28, 2023
Weighted Average Duration ?
4.57
Average Credit Quality ?
--
Weighted Average Coupon ?
0.00
Weighted Average Yield to Maturity ?
7.74
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 Global Fixed Income ETF | -1.91 | 0.99 | 1.79 | 0.64 | -2.72 | 0.24 | 0.37 | 1.44 | 1.42 |
**Fund performance since inception on July 20, 2009, as at February 28, 2023
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons Active Global Fixed Income ETF | -3.50 | 6.64 | 4.67 | -1.07 | 3.59 | 2.32 | 2.20 | -5.50 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2023 | 02/27/2023 | 02/28/2023 | 03/07/2023 | 0.03153 | Monthly | |
| 2023 | 01/30/2023 | 01/31/2023 | 02/10/2023 | 0.03153 | Monthly | |
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.03385 | Monthly | |
| 2022 | 11/29/2022 | 11/30/2022 | 12/12/2022 | 0.02952 | Monthly | |
| 2022 | 10/28/2022 | 10/31/2022 | 11/10/2022 | 0.02812 | Monthly | |
| 2022 | 09/28/2022 | 09/29/2022 | 10/13/2022 | 0.02651 | Monthly | |
| 2022 | 08/30/2022 | 08/31/2022 | 09/13/2022 | 0.02651 | Monthly | |
| 2022 | 07/28/2022 | 07/29/2022 | 08/11/2022 | 0.02651 | Monthly | |
| 2022 | 06/29/2022 | 06/30/2022 | 07/13/2022 | 0.02296 | Monthly | |
| 2022 | 05/30/2022 | 05/31/2022 | 06/10/2022 | 0.02296 | Monthly | |
| 2022 | 04/28/2022 | 04/29/2022 | 05/11/2022 | 0.02296 | Monthly | |
| 2022 | 03/30/2022 | 03/31/2022 | 04/12/2022 | 0.02027 | Monthly | |
| 2022 | 02/25/2022 | 02/28/2022 | 03/10/2022 | 0.02027 | Monthly | |
| 2022 | 01/28/2022 | 01/31/2022 | 02/10/2022 | 0.02027 | Monthly | |
| 2021 | 12/30/2021 | 12/31/2021 | 01/13/2022 | 0.01538 | Monthly | |
| 2021 | 11/29/2021 | 11/30/2021 | 12/10/2021 | 0.01538 | Monthly | |
| 2021 | 10/28/2021 | 10/29/2021 | 11/10/2021 | 0.01538 | Monthly | |
| 2021 | 09/28/2021 | 09/29/2021 | 10/13/2021 | 0.0156 | Monthly | |
| 2021 | 08/30/2021 | 08/31/2021 | 09/13/2021 | 0.0156 | Monthly | |
| 2021 | 07/29/2021 | 07/30/2021 | 08/12/2021 | 0.0156 | Monthly | |
| 2021 | 06/29/2021 | 06/30/2021 | 07/13/2021 | 0.01481 | Monthly | |
| 2021 | 05/28/2021 | 05/31/2021 | 06/10/2021 | 0.0148 | Monthly | |
| 2021 | 04/29/2021 | 04/30/2021 | 05/12/2021 | 0.0148 | Monthly | |
| 2021 | 03/30/2021 | 03/31/2021 | 04/13/2021 | 0.0141 | Monthly | |
| 2021 | 02/25/2021 | 02/26/2021 | 03/10/2021 | 0.0141 | Monthly | |
| 2021 | 01/28/2021 | 01/29/2021 | 02/10/2021 | 0.0187 | Monthly | |
| 2020 | 12/30/2020 | 12/31/2020 | 01/13/2021 | 0.0187 | Monthly | |
| 2020 | 11/27/2020 | 11/30/2020 | 12/10/2020 | 0.0187 | Monthly | |
| 2020 | 10/29/2020 | 10/30/2020 | 11/12/2020 | 0.0187 | Monthly | |
| 2020 | 09/29/2020 | 09/30/2020 | 10/13/2020 | 0.0187 | Monthly | |
| 2020 | 08/28/2020 | 08/31/2020 | 09/11/2020 | 0.0187 | Monthly | |
| 2020 | 07/30/2020 | 07/31/2020 | 08/13/2020 | 0.0187 | Monthly | |
| 2020 | 06/29/2020 | 06/30/2020 | 07/13/2020 | 0.0209 | Monthly | |
| 2020 | 05/28/2020 | 05/29/2020 | 06/10/2020 | 0.0209 | Monthly | |
| 2020 | 04/29/2020 | 04/30/2020 | 05/12/2020 | 0.0209 | Monthly | |
| 2020 | 03/30/2020 | 03/31/2020 | 04/13/2020 | 0.0231 | Monthly | |
| 2020 | 02/27/2020 | 02/28/2020 | 03/11/2020 | 0.0195 | Monthly | |
| 2020 | 01/30/2020 | 01/31/2020 | 02/12/2020 | 0.0195 | Monthly | |
| 2019 | 12/30/2019 | 12/31/2019 | 01/13/2020 | 0.036 | Monthly | |
| 2019 | 11/28/2019 | 11/29/2019 | 12/11/2019 | 0.0245 | Monthly | |
| 2019 | 10/30/2019 | 10/31/2019 | 11/13/2019 | 0.0245 | Monthly | |
| 2019 | 09/27/2019 | 09/30/2019 | 10/10/2019 | 0.0204 | Monthly | |
| 2019 | 08/29/2019 | 08/30/2019 | 09/12/2019 | 0.0204 | Monthly | |
| 2019 | 07/30/2019 | 07/31/2019 | 08/13/2019 | 0.0204 | Monthly | |
| 2019 | 06/27/2019 | 06/28/2019 | 07/11/2019 | 0.0179 | Monthly | |
| 2019 | 05/30/2019 | 05/31/2019 | 06/12/2019 | 0.0179 | Monthly | |
| 2019 | 04/29/2019 | 04/30/2019 | 05/10/2019 | 0.0179 | Monthly | |
| 2019 | 03/28/2019 | 03/29/2019 | 04/10/2019 | 0.018 | Monthly | |
| 2019 | 02/27/2019 | 02/28/2019 | 03/12/2019 | 0.018 | Monthly | |
| 2019 | 01/30/2019 | 01/31/2019 | 02/12/2019 | 0.018 | Monthly | |
| 2018 | 12/28/2018 | 12/31/2018 | 01/11/2019 | 0.0234 | Monthly | |
| 2018 | 11/29/2018 | 11/30/2018 | 12/12/2018 | 0.029 | Monthly | |
| 2018 | 10/30/2018 | 10/31/2018 | 11/13/2018 | 0.0184 | Monthly | |
| 2018 | 09/27/2018 | 09/28/2018 | 10/11/2018 | 0.0159 | Monthly | |
| 2018 | 08/30/2018 | 08/31/2018 | 09/13/2018 | 0.0159 | Monthly | |
| 2018 | 07/30/2018 | 07/31/2018 | 08/13/2018 | 0.0159 | Monthly | |
| 2018 | 06/28/2018 | 06/29/2018 | 07/12/2018 | 0.0167 | Monthly | |
| 2018 | 05/30/2018 | 05/31/2018 | 06/12/2018 | 0.0167 | Monthly | |
| 2018 | 04/27/2018 | 04/30/2018 | 05/10/2018 | 0.0167 | Monthly | |
| 2018 | 03/28/2018 | 03/29/2018 | 04/11/2018 | 0.0168 | Monthly | |
| 2018 | 02/27/2018 | 02/28/2018 | 03/12/2018 | 0.0168 | Monthly | |
| 2018 | 01/30/2018 | 01/31/2018 | 02/12/2018 | 0.0168 | Monthly | |
| 2017 | 12/28/2017 | 12/29/2017 | 01/11/2018 | 0.0179 | Monthly | |
| 2017 | 11/29/2017 | 11/30/2017 | 12/12/2017 | 0.0179 | Monthly | |
| 2017 | 10/30/2017 | 10/31/2017 | 11/10/2017 | 0.0179 | Monthly | |
| 2017 | 09/28/2017 | 09/29/2017 | 10/12/2017 | 0.0195 | Monthly | |
| 2017 | 08/29/2017 | 08/31/2017 | 09/13/2017 | 0.0195 | Monthly | |
| 2017 | 07/27/2017 | 07/31/2017 | 08/11/2017 | 0.0195 | Monthly | |
| 2017 | 06/28/2017 | 06/30/2017 | 07/13/2017 | 0.0204 | Monthly | |
| 2017 | 05/29/2017 | 05/31/2017 | 06/12/2017 | 0.0204 | Monthly | |
| 2017 | 04/25/2017 | 04/27/2017 | 05/09/2017 | 0.0204 | Monthly | |
| 2017 | 03/29/2017 | 03/31/2017 | 04/12/2017 | 0.0247 | Monthly | |
| 2017 | 02/24/2017 | 02/28/2017 | 03/10/2017 | 0.0247 | Monthly | |
| 2017 | 01/27/2017 | 01/31/2017 | 02/10/2017 | 0.0247 | Monthly | |
| 2016 | 12/28/2016 | 12/30/2016 | 01/12/2017 | 0.0242 | Monthly | |
| 2016 | 11/28/2016 | 11/30/2016 | 12/01/2016 | 0.0242 | Monthly | |
| 2016 | 10/27/2016 | 10/31/2016 | 11/10/2016 | 0.0242 | Monthly | |
| 2016 | 09/28/2016 | 09/30/2016 | 10/13/2016 | 0.0246 | Monthly | |
| 2016 | 08/29/2016 | 08/31/2016 | 09/13/2016 | 0.0242 | Monthly | |
| 2016 | 07/27/2016 | 07/29/2016 | 08/11/2016 | 0.0246 | Monthly | |
| 2016 | 06/28/2016 | 06/30/2016 | 07/13/2016 | 0.0276 | Monthly | |
| 2016 | 05/27/2016 | 05/31/2016 | 06/12/2016 | 0.0276 | Monthly | |
| 2016 | 04/27/2016 | 04/29/2016 | 05/11/2016 | 0.0276 | Monthly | |
| 2016 | 03/29/2016 | 03/31/2016 | 04/12/2016 | 0.0282 | Monthly | |
| 2016 | 02/25/2016 | 02/29/2016 | 03/10/2016 | 0.0282 | Monthly | |
| 2016 | 01/27/2016 | 01/29/2016 | 02/10/2016 | 0.0282 | Monthly | |
| 2015 | 12/29/2015 | 12/31/2015 | 01/13/2016 | 0.0271 | Monthly | |
| 2015 | 11/26/2015 | 11/30/2015 | 12/10/2015 | 0.0271 | Monthly | |
| 2015 | 10/28/2015 | 10/31/2015 | 11/12/2015 | 0.0271 | Monthly | |
| 2015 | 09/28/2015 | 09/30/2015 | 10/13/2015 | 0.0237 | Monthly | |
| 2015 | 08/27/2015 | 08/31/2015 | 09/11/2015 | 0.0237 | Monthly | |
| 2015 | 07/29/2015 | 07/31/2015 | 08/13/2015 | 0.0237 | Monthly | |
| 2015 | 06/26/2015 | 06/30/2015 | 07/13/2015 | 0.0226 | Monthly | |
| 2015 | 05/27/2015 | 05/29/2015 | 06/10/2015 | 0.0226 | Monthly | |
| 2015 | 04/28/2015 | 04/30/2015 | 05/12/2015 | 0.0226 | Monthly | |
| 2015 | 03/27/2015 | 03/31/2015 | 04/13/2015 | 0.0257 | Monthly | |
| 2015 | 02/25/2015 | 02/27/2015 | 03/11/2015 | 0.0257 | Monthly | |
| 2015 | 01/28/2015 | 01/30/2015 | 02/11/2015 | 0.0257 | Monthly | |
| 2014 | 12/29/2014 | 12/31/2014 | 01/13/2015 | 0.0256 | Monthly | |
| 2014 | 11/26/2014 | 11/28/2014 | 12/10/2014 | 0.0256 | Monthly | |
| 2014 | 10/29/2014 | 10/31/2014 | 11/12/2014 | 0.0256 | Monthly | |
| 2014 | 09/26/2014 | 09/30/2014 | 10/10/2014 | 0.0259 | Monthly | |
| 2014 | 08/27/2014 | 08/29/2014 | 09/11/2014 | 0.0259 | Monthly | |
| 2014 | 07/29/2014 | 07/31/2014 | 08/13/2014 | 0.0259 | Monthly | |
| 2014 | 06/26/2014 | 06/30/2014 | 07/11/2014 | 0.0281 | Monthly | |
| 2014 | 05/28/2014 | 05/30/2014 | 06/11/2014 | 0.0281 | Monthly | |
| 2014 | 04/28/2014 | 04/30/2014 | 05/12/2014 | 0.0281 | Monthly | |
| 2014 | 03/27/2014 | 03/31/2014 | 04/10/2014 | 0.0243 | Monthly | |
| 2014 | 02/26/2014 | 02/28/2014 | 03/10/2014 | 0.0243 | Monthly | |
| 2014 | 01/29/2014 | 01/31/2014 | 02/12/2014 | 0.0243 | Monthly | |
| 2013 | 12/27/2013 | 12/31/2013 | 01/13/2014 | 0.0276 | Monthly | |
| 2013 | 11/27/2013 | 11/29/2013 | 12/11/2013 | 0.0259 | Monthly | |
| 2013 | 10/29/2013 | 10/31/2013 | 11/12/2013 | 0.0259 | Monthly | |
| 2013 | 09/26/2013 | 09/30/2013 | 10/10/2013 | 0.0243 | Monthly | |
| 2013 | 08/28/2013 | 08/30/2013 | 09/12/2013 | 0.0243 | Monthly | |
| 2013 | 07/29/2013 | 07/31/2013 | 08/13/2013 | 0.0319 | Monthly | |
| 2013 | 06/26/2013 | 06/28/2013 | 07/11/2013 | 0.0319 | Monthly | |
| 2013 | 05/29/2013 | 05/31/2013 | 06/12/2013 | 0.0319 | Monthly | |
| 2013 | 04/26/2013 | 04/30/2013 | 05/10/2013 | 0.0319 | Monthly | |
| 2013 | 03/26/2013 | 03/28/2013 | 04/10/2013 | 0.0319 | Monthly | |
| 2013 | 02/26/2013 | 02/28/2013 | 03/12/2013 | 0.0319 | Monthly | |
| 2013 | 01/29/2013 | 01/31/2013 | 02/12/2013 | 0.0319 | Monthly | |
| 2012 | 12/27/2012 | 12/31/2012 | 01/11/2013 | 0.0319 | Monthly | |
| 2012 | 11/28/2012 | 11/30/2012 | 12/12/2012 | 0.0319 | Monthly | |
| 2012 | 10/29/2012 | 10/31/2012 | 11/09/2012 | 0.0319 | Monthly | |
| 2012 | 09/26/2012 | 09/28/2012 | 10/11/2012 | 0.0319 | Monthly | |
| 2012 | 08/29/2012 | 08/31/2012 | 09/13/2012 | 0.0319 | Monthly | |
| 2012 | 07/27/2012 | 07/31/2012 | 08/13/2012 | 0.0375 | Monthly | |
| 2012 | 06/27/2012 | 06/29/2012 | 07/12/2012 | 0.0375 | Monthly | |
| 2012 | 05/29/2012 | 05/31/2012 | 06/12/2012 | 0.0375 | Monthly | |
| 2012 | 04/26/2012 | 04/30/2012 | 05/10/2012 | 0.0375 | Monthly | |
| 2012 | 03/28/2012 | 03/30/2012 | 04/12/2012 | 0.0375 | Monthly | |
| 2012 | 02/27/2012 | 02/29/2012 | 03/12/2012 | 0.0375 | Monthly | |
| 2012 | 01/27/2012 | 01/31/2012 | 02/10/2012 | 0.0375 | Monthly | |
| 2011 | 12/28/2011 | 12/30/2011 | 01/12/2012 | 0.0375 | Monthly | |
| 2011 | 11/28/2011 | 11/30/2011 | 12/12/2011 | 0.0375 | Monthly | |
| 2011 | 10/27/2011 | 10/31/2011 | 11/10/2011 | 0.0375 | Monthly | |
| 2011 | 09/28/2011 | 09/30/2011 | 10/13/2011 | 0.0375 | Monthly | |
| 2011 | 08/29/2011 | 08/31/2011 | 09/13/2011 | 0.0375 | Monthly | |
| 2011 | 07/27/2011 | 07/29/2011 | 08/11/2011 | 0.0375 | Monthly | |
| 2011 | 06/27/2011 | 06/29/2011 | 07/12/2011 | 0.0375 | Monthly | |
| 2011 | 05/27/2011 | 05/31/2011 | 06/10/2011 | 0.0375 | Monthly | |
| 2011 | 04/27/2011 | 04/29/2011 | 05/11/2011 | 0.0375 | Monthly | |
| 2011 | 03/29/2011 | 03/31/2011 | 04/12/2011 | 0.0375 | Monthly | |
| 2011 | 02/24/2011 | 02/28/2011 | 03/10/2011 | 0.0375 | Monthly | |
| 2011 | 01/27/2011 | 01/31/2011 | 02/10/2011 | 0.0375 | Monthly | |
| 2010 | 12/29/2010 | 12/31/2010 | 01/17/2011 | 0.0375 | Monthly | |
| 2010 | 11/26/2010 | 11/30/2010 | 12/10/2010 | 0.0375 | Monthly | |
| 2010 | 10/27/2010 | 10/29/2010 | 11/12/2010 | 0.0375 | Monthly | |
| 2010 | 09/28/2010 | 09/30/2010 | 10/14/2010 | 0.0375 | Monthly | |
| 2010 | 08/27/2010 | 08/31/2010 | 09/15/2010 | 0.0375 | Monthly | |
| 2010 | 07/29/2010 | 07/31/2010 | 08/16/2010 | 0.0583 | Monthly | |
| 2010 | 06/28/2010 | 06/30/2010 | 07/13/2010 | 0.0583 | Monthly | |
| 2010 | 05/27/2010 | 05/31/2010 | 06/14/2010 | 0.0583 | Monthly | |
| 2010 | 04/28/2010 | 04/30/2010 | 05/12/2010 | 0.0583 | Monthly | |
| 2010 | 03/29/2010 | 03/31/2010 | 04/14/2010 | 0.0583 | Monthly | |
| 2010 | 02/25/2010 | 02/28/2010 | 03/12/2010 | 0.0583 | Monthly | |
| 2010 | 01/28/2010 | 01/31/2010 | 02/12/2010 | 0.0583 | Monthly | |
| 2009 | 12/29/2009 | 12/31/2009 | 01/15/2010 | 0.0583 | Monthly | |
| 2009 | 11/26/2009 | 11/30/2009 | 12/14/2009 | 0.0583 | Monthly | |
| 2009 | 10/28/2009 | 10/31/2009 | 11/13/2009 | 0.0583 | Monthly | |
| 2009 | 09/28/2009 | 09/30/2009 | 10/15/2009 | 0.0583 | Monthly | |
| 2009 | 08/27/2009 | 08/31/2009 | 09/15/2009 | 0.0771 | Monthly |
Holdings
Geographic Exposure
As at February 28, 2023| United States | 43.90% |
| Others | 43.43% |
| Canada | 12.67% |
Top 10 Holdings
As at February 28, 2023| Security Name | Weight |
|---|---|
| United States Treasury 3.50% 31-Jan-2028 | 7.94% |
| UNITED STATES TREASURY NOTE/BOND 4.00% 15-Feb-2026 | 7.36% |
| Mexico Government 5.50% 04-Mar-2027 | 3.14% |
| Colombia Government 8.00% 20-Apr-2033 | 3.12% |
| France Government 2.00% 25-Nov-2032 | 3.00% |
| Ecopetrol SA 8.88% 13-Jan-2033 | 2.46% |
| Kohls Corp 3.63% 01-May-2031 | 2.22% |
| Ford Credit Canada Co 2.96% 16-Sep-2026 | 2.05% |
| Peru LNG SRL 5.38% 22-Mar-2030 | 2.04% |
| United States Treasury 4.38% 31-Oct-2024 | 2.03% |
Documents
