HLPR
Investment Objective
HLPR seeks to replicate, to the extent possible, the performance of the Solactive Laddered Canadian Preferred Share Index (Total Return), net of expenses. The Solactive Laddered Canadian Preferred Share Index (Total Return) is an index of Canadian preferred shares that generally have an adjustable dividend rate.
Fund Details
Ticker
HLPR
Inception Date
February 26, 2019
Net Assets ?
$82,602,502
As at December 05, 2023
Consolidated Prior Day Volume ?
2 779
For December 05, 2023
Average Daily Trading Volume Over a 12 Month Period ?
17,322
As at December 05, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLADPRF
Management Fee
0.30%
(Plus applicable sales tax)
Management Expense Ratio ?
0.33%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
Counterparty Exposure ?
28.84%
As atNovember 30, 2023
LEI ?
549300RR8OVYRXQ80C06
Index Investment Metrics
As at September 29, 2023
Index 12-Month Trailing Yield ?
6.45
Current Index Yield ?
6.80
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 Laddered Canadian Preferred Share Index ETF | 10.36 | 7.20 | 6.17 | 2.04 | 0.08 | 2.22 | -- | -- | 2.24 |
**Fund performance since inception on February 26, 2019, as at November 30, 2023
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons Laddered Canadian Preferred Share Index ETF |
-- | -- | -- | -- | -- | 6.30 | 23.43 | -18.02 |
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.
Top 10 Index Holdings
As at September 30, 2023| Security Name | Weight |
|---|---|
| BCE Inc - Pfd Sr AK | 3.85% |
| National Bank of Canada - Pfd Sr 38 | 2.14% |
| Intact Financial Corp - Pfd Cl A Sr 3 | 2.06% |
| Royal Bank of Canada - Pfd Sr BD | 1.91% |
| Brookfield Renewable Partners LP - Pfd Cl A | 1.83% |
| BCE Inc - Pfd Sr AM | 1.81% |
| Emera Inc - Pfd Sr J | 1.75% |
| Toronto-Dominion Bank - Pfd Sr 16 | 1.74% |
| Brookfield Corp - Pfd | 1.74% |
| Enbridge Inc - Pfd Sr B | 1.57% |
Education
Regulatory and Legal
At a Glance
Investment Objective
HLPR seeks to replicate, to the extent possible, the performance of the Solactive Laddered Canadian Preferred Share Index (Total Return), net of expenses. The Solactive Laddered Canadian Preferred Share Index (Total Return) is an index of Canadian preferred shares that generally have an adjustable dividend rate.
Product Facts
Fund Details
Ticker
HLPR
Inception Date
February 26, 2019
Net Assets ?
$82,602,502
As at December 05, 2023
Consolidated Prior Day Volume ?
2 779
ForDecember 05, 2023
Average Daily Trading Volume Over a 12 Month Period ?
17,322
As at December 05, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLADPRF
Management Fee
0.30%
(Plus applicable sales tax)
Management Expense Ratio ?
0.33%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
Counterparty Exposure ?
28.84%
As atNovember 30, 2023
LEI ?
549300RR8OVYRXQ80C06
Index Investment Metrics
As at September 29, 2023
Index 12-Month Trailing Yield ?
6.45
Current Index Yield ?
6.8
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 Laddered Canadian Preferred Share Index ETF | 10.36 | 7.20 | 6.17 | 2.04 | 0.08 | 2.22 | -- | -- | 2.24 |
**Fund performance since inception on February 26, 2019, as at November 30, 2023
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons Laddered Canadian Preferred Share Index ETF | -- | -- | -- | -- | -- | 6.30 | 23.43 | -18.02 |
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
Top 10 Index Holdings
As at September 30, 2023| Security Name | Weight |
|---|---|
| BCE Inc - Pfd Sr AK | 3.85% |
| National Bank of Canada - Pfd Sr 38 | 2.14% |
| Intact Financial Corp - Pfd Cl A Sr 3 | 2.06% |
| Royal Bank of Canada - Pfd Sr BD | 1.91% |
| Brookfield Renewable Partners LP - Pfd Cl A | 1.83% |
| BCE Inc - Pfd Sr AM | 1.81% |
| Emera Inc - Pfd Sr J | 1.75% |
| Toronto-Dominion Bank - Pfd Sr 16 | 1.74% |
| Brookfield Corp - Pfd | 1.74% |
| Enbridge Inc - Pfd Sr B | 1.57% |
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