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CASH

Horizons High Interest Savings ETF

Price
$50.04
$0.00
0.00%
NAV
$50.0285
$0.0172
0.03%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$9.63
$-0.07
-0.72%
NAV
$9.7297
$-0.1185
-1.20%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$11.04
$-0.05
-0.45%
NAV
$11.1048
$0.0409
0.37%

Active

Corporate Class – Alternative

Fact Sheet
Learn more about HRAA
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HND

BetaPro Natural Gas Inverse Leveraged Daily Bear ETF

Daily Inverse Leveraged Exposure to the Horizons Natural Gas Rolling Futures 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 leveraged (up to -2x) exposure to different equity and commodity indices.

Investment Objective

HND seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Natural Gas Rolling Futures Index. HND does not seek to achieve its stated investment objective over a period of time greater than one day. HND is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of its ability. The Manager anticipates, under normal market conditions, managing the leverage ratio to be as close to two times (200%) as practicable for HND. However, the Manager may, at its sole discretion, change the leverage ratio based on the current market conditions for natural gas futures contracts and negotiations with the ETF’s counterparties at that time.

The ETF uses leverage and is riskier than funds that do not. The ETF seeks a return, before fees and expenses, of up to +200% or -200% of its Referenced Index for a SINGLE DAY. The returns of the ETF over periods longer than ONE DAY will likely differ in amount, and possibly direction (of the performance, or inverse performance, as applicable) of the Referenced Index. Longer periods AND/OR greater volatility will make the possible divergence more pronounced. Investors should monitor their investment in this ETF daily. Please read the prospectus and ensure you understand this ETF before investing in it.

Fund Details

Ticker
HND
Inception Date
January 15, 2008
Net Assets ?
$91,112,750
As at  December 06, 2022
Consolidated Prior Day Volume ?
1,778,486
For  December 06, 2022
Average Daily Trading Volume Over a 12 Month Period ?
7,094,406
As at  December 06, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
CMDYNGER
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.37%
As at June 30, 2022
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
549300MUW2UP1YWHB604
NAV / Unit
$23.0194
Price
$23.78
Premium Discount
$0.76
Premium Discount Percentage
3.20%
Outstanding Shares
3,958,079

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 Natural Gas Inverse Leveraged Daily Bear ETF -23.45 33.94 -42.46 -94.77 -93.20 -75.07 -59.51 -37.02 -15.95

**Fund performance since inception on January 15, 2008, as at November 30, 2022

Calendar Year Performance (%) *

2014 2015 2016 2017 2018 2019 2020 2021

BetaPro Natural Gas Inverse Leveraged Daily Bear ETF

9.14 50.11 -51.42 67.45 -51.65 49.86 22.06 -76.62

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.

Commodity Rolls

As at December 08, 2022
Name Weighting
Natural Gas January 2023 25.00%
Natural Gas February 2023 75.00%
At a Glance

Daily Inverse Leveraged Exposure to the Horizons Natural Gas Rolling Futures 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 leveraged (up to -2x) exposure to different equity and commodity indices.

Product Facts

Investment Objective

HND seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Natural Gas Rolling Futures Index. HND does not seek to achieve its stated investment objective over a period of time greater than one day. HND is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of its ability. The Manager anticipates, under normal market conditions, managing the leverage ratio to be as close to two times (200%) as practicable for HND. However, the Manager may, at its sole discretion, change the leverage ratio based on the current market conditions for natural gas futures contracts and negotiations with the ETF’s counterparties at that time.

The ETF uses leverage and is riskier than funds that do not. The ETF seeks a return, before fees and expenses, of up to +200% or -200% of its Referenced Index for a SINGLE DAY. The returns of the ETF over periods longer than ONE DAY will likely differ in amount, and possibly direction (of the performance, or inverse performance, as applicable) of the Referenced Index. Longer periods AND/OR greater volatility will make the possible divergence more pronounced. Investors should monitor their investment in this ETF daily. Please read the prospectus and ensure you understand this ETF before investing in it.

Fund Details

Ticker
HND
Inception Date
January 15, 2008
Net Assets ?
$91,112,750
As at December 06, 2022
Consolidated Prior Day Volume ?
1,778,486
For December 06, 2022
Average Daily Trading Volume Over a 12 Month Period ?
7,094,406
As at December 06, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
CMDYNGER
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.37%
 As at June 30, 2022
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
549300MUW2UP1YWHB604
NAV / Unit
$23.0194
Price
$23.78
Premium Discount
$0.76
Premium Discount Percentage
3.20%
Outstanding Shares
3,958,079

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 Natural Gas Inverse Leveraged Daily Bear ETF -23.45 33.94 -42.46 -94.77 -93.20 -75.07 -59.51 -37.02 -15.95

**Fund performance since inception on January 15, 2008, as at November 30, 2022

Calendar Year Performance (%)

2014 2015 2016 2017 2018 2019 2020 2021
BetaPro Natural Gas Inverse Leveraged Daily Bear ETF 9.14 50.11 -51.42 67.45 -51.65 49.86 22.06 -76.62

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

Commodity Rolls

As at December 08, 2022
Name Weighting
Natural Gas January 2023 25.00%
Natural Gas February 2023 75.00%

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!