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HSAV

Horizons Cash Maximizer ETF

Price
$102.28
$0.05
0.05%
NAV
$102.2195
$0.0240
0.02%

Benchmark

Corporate Class - Total Return

Fact Sheet
Learn more about HSAV

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$5.27
$0.03
0.57%
NAV
$5.2462
$-0.0412
-0.78%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HAC

Horizons Seasonal Rotation ETF

Price
$24.70
$0.01
0.04%
NAV
$24.6792
$0.0569
0.23%

Active

Strategic

Fact Sheet
Learn more about HAC
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HIX

BetaPro S&P/TSX 60™ Daily Inverse ETF

Daily Inverse Exposure to the S&P/TSX 60™ Index

For investors who are willing to take on additional risk to seek out potentially greater short-term returns than traditional investment strategies, Horizons ETFs offers its family of BetaPro ETFs, which includes daily inverse (-1x) exposure to different equity and commodity indices.

Investment Objective

HIX seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to one times (100%) the inverse (opposite) of the daily performance of the S&P/TSX 60™ Index.

The returns of this ETF over periods longer than one day will, under most market conditions, be in the opposite direction from the performance of its Underlying Index for the same period, and the returns of an Inverse ETF can, based on historical returns, generally be expected to be substantially similar to the inverse performance of their Underlying Index for the same period. However, any deviation of returns of an Inverse ETF from the inverse performance of its Underlying Index can be expected to become more pronounced as the volatility of the Underlying Index, and/or the period of time, increases. Investors should monitor their investment in the ETF daily. Please read the prospectus and ensure you understand this ETF before investing in it.

Fund Details

Ticker
HIX
Inception Date
March 04, 2009
Net Assets ?
$20,284,456
As at August 09, 2022
Consolidated Prior Day Volume ?
14,939
For August 08, 2022
Average Daily Trading Volume Over a 12 Month Period ?
63,969
As at August 08, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
TX60AR
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.42%
As at December 31, 2021
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
54930049QFL8Y6LFR940
NAV / Unit
$7.4708
Price
$7.46
Premium Discount
$-0.01
Premium Discount Percentage
-0.14%
Outstanding Shares
2,705,000

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**
BetaPro S&P/TSX 60™ Daily Inverse ETF -3.77 4.30 5.06 5.01 -2.93 -13.61 -11.12 -10.53 -11.78

**Fund performance since inception on March 04, 2009, as at July 31, 2022

Calendar Year Performance (%) *

2014 2015 2016 2017 2018 2019 2020 2021

BetaPro S&P/TSX 60™ Daily Inverse ETF

-11.85 5.45 -19.49 -9.69 8.29 -17.01 -15.83 -23.79

The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.

Distributions

Distribution data is not currently available.

Sector Allocation

As at July 29, 2022
Financials 36.08%
Energy 17.92%
Industrial Services 11.97%
Materials 9.59%
Communication Services 5.95%
Information Technology 5.77%
Consumer Service 4.43%
Utilities 4.00%
Consumer Goods 3.56%
Real Estate 0.67%
Health Care 0.08%

Top 10 Index Holdings

As at July 31, 2022
Security Name Weight
Royal Bank of Canada 7.76%
Toronto-Dominion Bank 6.64%
Enbridge Inc 5.11%
Canadian National Railway Co 4.23%
Bank of Nova Scotia 4.12%
Canadian Pacific Railway Ltd 4.12%
Brookfield Asset Management Inc Cl A 4.07%
Bank of Montreal 3.76%
Canadian Natural Resources Ltd 3.58%
TC Energy Corp 2.94%
At a Glance

Daily Inverse Exposure to the S&P/TSX 60™ Index

For investors who are willing to take on additional risk to seek out potentially greater short-term returns than traditional investment strategies, Horizons ETFs offers its family of BetaPro ETFs, which includes daily inverse (-1x) exposure to different equity and commodity indices.

Product Facts

Investment Objective

HIX seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to one times (100%) the inverse (opposite) of the daily performance of the S&P/TSX 60™ Index.

The returns of this ETF over periods longer than one day will, under most market conditions, be in the opposite direction from the performance of its Underlying Index for the same period, and the returns of an Inverse ETF can, based on historical returns, generally be expected to be substantially similar to the inverse performance of their Underlying Index for the same period. However, any deviation of returns of an Inverse ETF from the inverse performance of its Underlying Index can be expected to become more pronounced as the volatility of the Underlying Index, and/or the period of time, increases. Investors should monitor their investment in the ETF daily. Please read the prospectus and ensure you understand this ETF before investing in it.

Fund Details

Ticker
HIX
Inception Date
March 04, 2009
Net Assets ?
$20,284,456
As at August 09, 2022
Consolidated Prior Day Volume ?
14,939
For August 08, 2022
Average Daily Trading Volume Over a 12 Month Period ?
63,969
As at August 08, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
TX60AR
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.42%
 As at December 31, 2021
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
54930049QFL8Y6LFR940
NAV / Unit
$7.4708
Price
$7.46
Premium Discount
$-0.01
Premium Discount Percentage
-0.14%
Outstanding Shares
2,705,000

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**
BetaPro S&P/TSX 60™ Daily Inverse ETF -3.77 4.30 5.06 5.01 -2.93 -13.61 -11.12 -10.53 -11.78

**Fund performance since inception on March 04, 2009, as at July 31, 2022

Calendar Year Performance (%)

2014 2015 2016 2017 2018 2019 2020 2021
BetaPro S&P/TSX 60™ Daily Inverse ETF -11.85 5.45 -19.49 -9.69 8.29 -17.01 -15.83 -23.79

The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.

Distributions

Distribution data is not currently available.

Holdings

Sector Allocation

As at July 29, 2022
Financials 36.08%
Energy 17.92%
Industrial Services 11.97%
Materials 9.59%
Communication Services 5.95%
Information Technology 5.77%
Consumer Service 4.43%
Utilities 4.00%
Consumer Goods 3.56%
Real Estate 0.67%
Health Care 0.08%

Top 10 Index Holdings

As at July 31, 2022
Security Name Weight
Royal Bank of Canada 7.76%
Toronto-Dominion Bank 6.64%
Enbridge Inc 5.11%
Canadian National Railway Co 4.23%
Bank of Nova Scotia 4.12%
Canadian Pacific Railway Ltd 4.12%
Brookfield Asset Management Inc Cl A 4.07%
Bank of Montreal 3.76%
Canadian Natural Resources Ltd 3.58%
TC Energy Corp 2.94%

Related Posts

At Horizons ETFs, we believe in education as empowerment. We endeavor to equip Canadian investors with the knowledge and tools they need to navigate the investing world. From the ETF basics to more complex topics like how our suite of inverse and leveraged funds work, our comprehensive learning library aims to be accessible for all investors, from beginners to experienced traders!