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HMJU

BetaPro Marijuana Companies 2x Daily Bull ETF

Providing Double the Daily Exposure of the North American Marijuana Sector

BetaPro Marijuana Companies 2x Daily Bull ETF (HMJU) is the world’s first ETF designed to provide two-times the daily exposure of the North American Marijuana sector, providing Marijuana Equity investors with high conviction, the opportunity to potentially generate excess returns relative to the broader Marijuana Equity sector.

 

Key Features

  • The Only 2x Leveraged Marijuana ETF in the World: HMJU provides investors with 2x the exposure to the North American Marijuana Equity sector as measured by the Underlying Index
  • No Margin: Investors do not need a margin account to use HMJU to take a leveraged position on Marijuana Equities. As a result, the risk of the ETF is limited to the capital invested
  • ETF Liquidity: HMJU can be bought and sold on the Toronto Stock Exchange throughout the normal trading day, using a brokerage account
  • Diversification: Achieve exposure to the Marijuana sector as represented by the Underlying Index, reducing the volatility of taking on leveraged exposure to a single stock

Investment Objective

HMJU is designed to provide daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times the daily performance of the North American MOC Marijuana Index (NTR). HMJU does not seek to achieve its stated investment objective over a period of time greater than one day.

In order to achieve its investment objective, HMJU may invest in equity securities, interest bearing accounts and T-Bills and/or other financial instruments, including derivatives.

Important Risk Considerations
HMJU uses leverage and is riskier than funds that do not.

HMJU is very different from most other exchange-traded funds, and is permitted to use strategies generally prohibited by conventional mutual funds. While such strategies will only be used in accordance with the investment objective and strategy of the ETF, during certain market conditions they may accelerate the risk that an investment in the Units of the ETF decreases in value.

HMJU, before fees and expenses, does not and should not be expected to return two times (e.g. +200%) the return of its Underlying Index (as hereinafter defined) over any period of time other than daily.

The returns of HMJU over periods longer than one day will, under most market conditions, differ in amount and possibly direction from the performance of its Underlying Index for the same period. This effect becomes more pronounced as the volatility of HMJU’s Underlying Index and/or the period of time increases.

Investors should read the prospectus to understand the risks, and monitor their investments in the ETF daily.

Fund Details

Ticker
HMJU
Inception Date
May 23, 2019
Net Assets ?
$4,386,783
As at August 12, 2022
Consolidated Prior Day Volume ?
770
For August 12, 2022
Average Daily Trading Volume Over a 12 Month Period ?
31,252
As at August 12, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
BAMMARN
Management Fee
1.45%
(Plus applicable sales tax)
Management Expense Ratio ?
2.05%
As at December 31, 2021
Currency
CAD
Currency Hedging
N/A
LEI ?
549300MRI0191JAT1M96
NAV / Unit
$9.0054
Price
$9.00
Premium Discount
$-0.01
Premium Discount Percentage
-0.06%
Outstanding Shares
487,130

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 Marijuana Companies 2x Daily Bull ETF 6.50 -58.15 -73.34 -81.46 -95.32 -85.21 -- -- -86.15

**Fund performance since inception on May 23, 2019, as at July 31, 2022

Calendar Year Performance (%) *

2014 2015 2016 2017 2018 2019 2020 2021

BetaPro Marijuana Companies 2x Daily Bull ETF

-- -- -- -- -- -- -67.62 -77.58

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 July 31, 2022
Security Name Weight
Cronos Group Inc 12.75%
Jazz Pharmaceuticals PLC 12.12%
Aurora Cannabis Inc 10.29%
Tilray Brands Inc 10.01%
Village Farms International Inc 9.91%
OrganiGram Holdings Inc 6.64%
Canopy Growth Corp 6.42%
22nd Century Group Inc 6.38%
MyMD Pharmaceuticals Inc 4.24%
High Tide Inc 3.12%
At a Glance

Providing Double the Daily Exposure of the North American Marijuana Sector

BetaPro Marijuana Companies 2x Daily Bull ETF (HMJU) is the world’s first ETF designed to provide two-times the daily exposure of the North American Marijuana sector, providing Marijuana Equity investors with high conviction, the opportunity to potentially generate excess returns relative to the broader Marijuana Equity sector.

 

Key Features

  • The Only 2x Leveraged Marijuana ETF in the World: HMJU provides investors with 2x the exposure to the North American Marijuana Equity sector as measured by the Underlying Index
  • No Margin: Investors do not need a margin account to use HMJU to take a leveraged position on Marijuana Equities. As a result, the risk of the ETF is limited to the capital invested
  • ETF Liquidity: HMJU can be bought and sold on the Toronto Stock Exchange throughout the normal trading day, using a brokerage account
  • Diversification: Achieve exposure to the Marijuana sector as represented by the Underlying Index, reducing the volatility of taking on leveraged exposure to a single stock
Product Facts

Investment Objective

HMJU is designed to provide daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times the daily performance of the North American MOC Marijuana Index (NTR). HMJU does not seek to achieve its stated investment objective over a period of time greater than one day.

In order to achieve its investment objective, HMJU may invest in equity securities, interest bearing accounts and T-Bills and/or other financial instruments, including derivatives.

Important Risk Considerations
HMJU uses leverage and is riskier than funds that do not.

HMJU is very different from most other exchange-traded funds, and is permitted to use strategies generally prohibited by conventional mutual funds. While such strategies will only be used in accordance with the investment objective and strategy of the ETF, during certain market conditions they may accelerate the risk that an investment in the Units of the ETF decreases in value.

HMJU, before fees and expenses, does not and should not be expected to return two times (e.g. +200%) the return of its Underlying Index (as hereinafter defined) over any period of time other than daily.

The returns of HMJU over periods longer than one day will, under most market conditions, differ in amount and possibly direction from the performance of its Underlying Index for the same period. This effect becomes more pronounced as the volatility of HMJU’s Underlying Index and/or the period of time increases.

Investors should read the prospectus to understand the risks, and monitor their investments in the ETF daily.

Fund Details

Ticker
HMJU
Inception Date
May 23, 2019
Net Assets ?
$4,386,783
As at August 12, 2022
Consolidated Prior Day Volume ?
770
For August 12, 2022
Average Daily Trading Volume Over a 12 Month Period ?
31,252
As at August 12, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
BAMMARN
Management Fee
1.45%
(Plus applicable sales tax)
Management Expense Ratio ?
2.05%
 As at December 31, 2021
Currency
CAD
Currency Hedging
N/A
LEI ?
549300MRI0191JAT1M96
NAV / Unit
$9.0054
Price
$9.00
Premium Discount
$-0.01
Premium Discount Percentage
-0.06%
Outstanding Shares
487,130

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 Marijuana Companies 2x Daily Bull ETF 6.50 -58.15 -73.34 -81.46 -95.32 -85.21 -- -- -86.15

**Fund performance since inception on May 23, 2019, as at July 31, 2022

Calendar Year Performance (%)

2014 2015 2016 2017 2018 2019 2020 2021
BetaPro Marijuana Companies 2x Daily Bull ETF -- -- -- -- -- -- -67.62 -77.58

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 July 31, 2022
Security Name Weight
Cronos Group Inc 12.75%
Jazz Pharmaceuticals PLC 12.12%
Aurora Cannabis Inc 10.29%
Tilray Brands Inc 10.01%
Village Farms International Inc 9.91%
OrganiGram Holdings Inc 6.64%
Canopy Growth Corp 6.42%
22nd Century Group Inc 6.38%
MyMD Pharmaceuticals Inc 4.24%
High Tide Inc 3.12%