HBIT
Investment Objective
HBIT seeks to provide investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of an index that replicates the returns generated over time through exposure to long notional investments in Bitcoin Futures. The current Underlying Index of HBIT is the Horizons Bitcoin Front Month Rolling Futures Index (Excess Return).
Fund Details
Ticker
HBIT
Inception Date
April 14, 2021
Net Assets ?
$3,761,904
As at April 12, 2023
Consolidated Prior Day Volume ?
59
For April 20, 2023
Average Daily Trading Volume Over a 12 Month Period ?
59
As at April 20, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
HBITCNER
Management Fee
1.00%
(Plus applicable sales tax)
Management Expense Ratio ?
1.39%
As at December 31, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
54930051BOSA5WWDTR07
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
Distribution data is not currently available.
Education
Regulatory and Legal
At a Glance
Investment Objective
HBIT seeks to provide investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of an index that replicates the returns generated over time through exposure to long notional investments in Bitcoin Futures. The current Underlying Index of HBIT is the Horizons Bitcoin Front Month Rolling Futures Index (Excess Return).
Product Facts
Fund Details
Ticker
HBIT
Inception Date
April 14, 2021
Net Assets ?
$3,761,904
As at April 12, 2023
Consolidated Prior Day Volume ?
59
ForApril 20, 2023
Average Daily Trading Volume Over a 12 Month Period ?
59
As at April 20, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
HBITCNER
Management Fee
1.00%
(Plus applicable sales tax)
Management Expense Ratio ?
1.39%
As at December 31, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
54930051BOSA5WWDTR07
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
Distribution data is not currently available.
Documents
