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HBNK

Horizons Equal Weight Banks Index ETF

Price
$20.98
$-0.08
-0.38%
NAV
$21.0209
$0.0051
0.02%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

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

Price
$27.26
$-0.05
-0.18%
NAV
$27.2563
$-0.0439
-0.16%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.11
$0.00
0.00%
NAV
$50.1069
$0.0066
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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HARB.J

Horizons Tactical Absolute Return Bond ETF

Investment Objective

HARB seeks to provide positive absolute returns with low volatility over a market cycle regardless of market conditions or general market direction. The ETF will tactically take long and short positions in North American and global debt instruments and derivatives across the credit spectrum. In respect of the Dividend Series Shares, the ETF will also seek to provide consistent income.

HARB is an alternative mutual fund within the meaning of National instrument 81-102 Investment Funds, and is permitted to use strategies generally prohibited by conventional mutual funds and ETFs, such as borrowing cash, selling securities short, and employing leverage of up to 300%, amongst others. The use of these strategies may accelerate the risk associated with the ETF. The ETF is not guaranteed, its values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the ETF. Please read the prospectus and its risk disclosure before investing.

Fund Details

Ticker
HARB.J
Inception Date
December 07, 2020
Net Assets ?
$32,011,231
As at  March 27, 2024
Consolidated Prior Day Volume ?
100
For  March 29, 2024
Average Daily Trading Volume Over a 12 Month Period ?
1,920
As at  March 29, 2024
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 ?
0.93%
As at June 30, 2023
Performance Fee
10% over high water mark and an annualized return between 3% and 5%, depending on the Bank of Canada overnight rate. (Please see the prospectus for more information)
Currency
CAD
Currency Hedging
N/A
LEI ?
549300OHQLF682HVWX18
Most Recent Distributions Per Unit
$0.03700
Annualized Distribution Yield ?
0.43 %

As at  March 22, 2024

12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
February 29, 2024
NAV / Unit
$--
Price
$8.64
Premium Discount
$--
Premium Discount Percentage
--%
Outstanding Shares
3,010,000
Weighted Average Duration ?
11.50
Average Credit Quality ?
AA+
Weighted Average Coupon ?
4.22
Weighted Average Yield to Maturity ?
4.30%

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
2024 02/28/2024 02/29/2024 03/07/2024 0.037 Monthly
2024 01/30/2024 01/31/2024 02/07/2024 0.037 Monthly
2023 12/28/2023 12/29/2023 01/08/2024 0.037 Monthly
2023 11/29/2023 11/30/2023 12/07/2023 0.036 Monthly
2023 10/30/2023 10/31/2023 11/07/2023 0.034 Monthly
2023 09/28/2023 09/29/2023 10/06/2023 0.037 Monthly
2023 08/30/2023 08/31/2023 09/08/2023 0.037 Monthly
2023 07/28/2023 07/31/2023 08/08/2023 0.037 Monthly
2023 06/29/2023 06/30/2023 07/10/2023 0.038 Monthly
2023 05/30/2023 05/31/2023 06/07/2023 0.038 Monthly
2023 04/27/2023 04/28/2023 05/05/2023 0.038 Monthly
2023 03/30/2023 03/31/2023 04/10/2023 0.037 Monthly
2023 02/27/2023 02/28/2023 03/07/2023 0.037 Monthly
2023 01/30/2023 01/31/2023 02/10/2023 0.037 Monthly
2022 12/29/2022 12/30/2022 01/12/2023 0.03675 Monthly
2022 11/29/2022 11/30/2022 12/12/2022 0.03675 Monthly
2022 10/28/2022 10/31/2022 11/10/2022 0.03675 Monthly
2022 09/28/2022 09/29/2022 10/13/2022 0.04 Monthly
2022 08/30/2022 08/31/2022 09/13/2022 0.04 Monthly
2022 07/28/2022 07/29/2022 08/11/2022 0.04 Monthly
2022 06/29/2022 06/30/2022 07/13/2022 0.04125 Monthly
2022 05/30/2022 05/31/2022 06/10/2022 0.04125 Monthly
2022 04/28/2022 04/29/2022 05/11/2022 0.04125 Monthly
2022 03/30/2022 03/31/2022 04/12/2022 0.04125 Monthly
2022 02/25/2022 02/28/2022 03/10/2022 0.04125 Monthly
2022 01/28/2022 01/31/2022 02/10/2022 0.04125 Monthly
2021 12/30/2021 12/31/2021 01/13/2022 0.04125 Monthly
2021 11/29/2021 11/30/2021 12/10/2021 0.04125 Monthly
2021 10/28/2021 10/29/2021 11/10/2021 0.04125 Monthly
2021 09/28/2021 09/29/2021 10/13/2021 0.04125 Monthly
2021 08/30/2021 08/31/2021 09/13/2021 0.04125 Monthly
2021 07/29/2021 07/30/2021 08/12/2021 0.04125 Monthly
2021 06/29/2021 06/30/2021 07/13/2021 0.04125 Monthly
2021 05/28/2021 05/31/2021 06/10/2021 0.0413 Monthly
2021 04/29/2021 04/30/2021 05/12/2021 0.0413 Monthly
2021 03/30/2021 03/31/2021 04/13/2021 0.0413 Monthly
2021 02/25/2021 02/26/2021 03/10/2021 0.0413 Monthly
2021 01/28/2021 01/29/2021 02/10/2021 0.0416 Monthly

Sector Allocation

As at February 29, 2024
Government 73.51%
Cash 26.49%

Credit Ratings

As at February 29, 2024
AAA 26.49%
AA 73.51%

Top 10 Holdings

As at February 29, 2024
Security Name Weight
UNITED STATES TREASURY NOTE/BOND 4.25% 15-Feb-2054 44.15%
UNITED STATES TREASURY NOTE/BOND 4.00% 15-Feb-2034 29.45%
US 5YR NOTE (CBT) 0.04%
At a Glance

Investment Objective

HARB seeks to provide positive absolute returns with low volatility over a market cycle regardless of market conditions or general market direction. The ETF will tactically take long and short positions in North American and global debt instruments and derivatives across the credit spectrum. In respect of the Dividend Series Shares, the ETF will also seek to provide consistent income.

HARB is an alternative mutual fund within the meaning of National instrument 81-102 Investment Funds, and is permitted to use strategies generally prohibited by conventional mutual funds and ETFs, such as borrowing cash, selling securities short, and employing leverage of up to 300%, amongst others. The use of these strategies may accelerate the risk associated with the ETF. The ETF is not guaranteed, its values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the ETF. Please read the prospectus and its risk disclosure before investing.

Product Facts

Fund Details

Ticker
HARB.J
Inception Date
December 07, 2020
Net Assets ?
$32,011,231
As at  March 27, 2024
Consolidated Prior Day Volume ?
100
ForMarch 29, 2024
Average Daily Trading Volume Over a 12 Month Period ?
1,920
As at  March 29, 2024
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 ?
0.93%
 As at June 30, 2023
Performance Fee
10% over high water mark and an annualized return between 3% and 5%, depending on the Bank of Canada overnight rate. (Please see the prospectus for more information)
Currency
CAD
Currency Hedging
N/A
LEI ?
549300OHQLF682HVWX18
Most Recent Distributions Per Unit
0.037
Annualized Distribution Yield ?
0.43 %

As at  March 22, 2024

12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
February 29, 2024
NAV / Unit
$--
Price
$8.64
Premium Discount
$--
Premium Discount Percentage
--%
Outstanding Shares
3,010,000
Weighted Average Duration ?
11.50
Average Credit Quality ?
AA+
Weighted Average Coupon ?
4.22
Weighted Average Yield to Maturity ?
4.30%

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
2024 02/28/2024 02/29/2024 03/07/2024 0.037 Monthly
2024 01/30/2024 01/31/2024 02/07/2024 0.037 Monthly
2023 12/28/2023 12/29/2023 01/08/2024 0.037 Monthly
2023 11/29/2023 11/30/2023 12/07/2023 0.036 Monthly
2023 10/30/2023 10/31/2023 11/07/2023 0.034 Monthly
2023 09/28/2023 09/29/2023 10/06/2023 0.037 Monthly
2023 08/30/2023 08/31/2023 09/08/2023 0.037 Monthly
2023 07/28/2023 07/31/2023 08/08/2023 0.037 Monthly
2023 06/29/2023 06/30/2023 07/10/2023 0.038 Monthly
2023 05/30/2023 05/31/2023 06/07/2023 0.038 Monthly
2023 04/27/2023 04/28/2023 05/05/2023 0.038 Monthly
2023 03/30/2023 03/31/2023 04/10/2023 0.037 Monthly
2023 02/27/2023 02/28/2023 03/07/2023 0.037 Monthly
2023 01/30/2023 01/31/2023 02/10/2023 0.037 Monthly
2022 12/29/2022 12/30/2022 01/12/2023 0.03675 Monthly
2022 11/29/2022 11/30/2022 12/12/2022 0.03675 Monthly
2022 10/28/2022 10/31/2022 11/10/2022 0.03675 Monthly
2022 09/28/2022 09/29/2022 10/13/2022 0.04 Monthly
2022 08/30/2022 08/31/2022 09/13/2022 0.04 Monthly
2022 07/28/2022 07/29/2022 08/11/2022 0.04 Monthly
2022 06/29/2022 06/30/2022 07/13/2022 0.04125 Monthly
2022 05/30/2022 05/31/2022 06/10/2022 0.04125 Monthly
2022 04/28/2022 04/29/2022 05/11/2022 0.04125 Monthly
2022 03/30/2022 03/31/2022 04/12/2022 0.04125 Monthly
2022 02/25/2022 02/28/2022 03/10/2022 0.04125 Monthly
2022 01/28/2022 01/31/2022 02/10/2022 0.04125 Monthly
2021 12/30/2021 12/31/2021 01/13/2022 0.04125 Monthly
2021 11/29/2021 11/30/2021 12/10/2021 0.04125 Monthly
2021 10/28/2021 10/29/2021 11/10/2021 0.04125 Monthly
2021 09/28/2021 09/29/2021 10/13/2021 0.04125 Monthly
2021 08/30/2021 08/31/2021 09/13/2021 0.04125 Monthly
2021 07/29/2021 07/30/2021 08/12/2021 0.04125 Monthly
2021 06/29/2021 06/30/2021 07/13/2021 0.04125 Monthly
2021 05/28/2021 05/31/2021 06/10/2021 0.0413 Monthly
2021 04/29/2021 04/30/2021 05/12/2021 0.0413 Monthly
2021 03/30/2021 03/31/2021 04/13/2021 0.0413 Monthly
2021 02/25/2021 02/26/2021 03/10/2021 0.0413 Monthly
2021 01/28/2021 01/29/2021 02/10/2021 0.0416 Monthly
Holdings

Sector Allocation

As at February 29, 2024
Government 73.51%
Cash 26.49%

Credit Ratings

As at February 29, 2024
AAA 26.49%
AA 73.51%

Top 10 Holdings

As at February 29, 2024
Security Name Weight
UNITED STATES TREASURY NOTE/BOND 4.25% 15-Feb-2054 44.15%
UNITED STATES TREASURY NOTE/BOND 4.00% 15-Feb-2034 29.45%
US 5YR NOTE (CBT) 0.04%

Related Posts

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