HRAA
Investment Objective
HRAA seeks long-term capital appreciation by investing, directly or indirectly, in major global asset classes including but not limited to equity indexes, fixed income indexes, interest rates, commodities and currencies.
HRAA is an alternative mutual fund within the meaning of National instrument 81-102 Investment Funds, and is permitted to use strategies generally prohibited by conventional mutual funds and ETFs, such as borrowing cash, selling securities short, and employing leverage of up to 300%, amongst others. The use of these strategies may accelerate the risk associated with the ETF. The ETF is not guaranteed, its values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the ETF. Please read the prospectus and its risk disclosure before investing.
Fund Details
Ticker
HRAA
Inception Date
July 30, 2020
Net Assets ?
$106,090,597
As at May 31, 2023
Consolidated Prior Day Volume ?
24 044
For June 01, 2023
Average Daily Trading Volume Over a 12 Month Period ?
39,959
As at June 01, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Management Fee
0.85%
(Plus applicable sales tax)
Management Expense Ratio ?
1.88%
As at December 31, 2022
Performance Fee
15% of outperformance over high water mark and an annualized return of 3% (please see the prospectus for more information)
Currency
CAD
Currency Hedging
N/A
LEI ?
549300V8J7S410LFE313
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 ReSolve Adaptive Asset Allocation ETF | -0.49 | -0.38 | -1.65 | -0.53 | -10.49 | -- | -- | -- | 3.16 |
**Fund performance since inception on July 30, 2020, as at May 31, 2023
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons ReSolve Adaptive Asset Allocation ETF |
-- | -- | -- | -- | -- | -- | 8.09 | -1.83 |
Distributions
Distribution data is not currently available.
Top 10 Holdings
As at April 30, 2023| Security Name | Symbol | Long / Short | Absolute Exposure as a % of Net Assets |
|---|---|---|---|
| CHF CURRENCY FUT | SFM3 Curncy | S | 21.12 |
| BP CURRENCY FUT | BPM3 Curncy | L | 15.35 |
| EURO-BUND FUTURE | RXM3 Comdty | S | 13.09 |
| AUDUSD Crncy Fut | ADM3 Curncy | S | 12.86 |
| JPN YEN CURR FUT | JYM3 Curncy | S | 11.80 |
| SUGAR #11 WORLD FUTURE (NYB) | SBN3 COMDTY | L | 10.12 |
| SOYBEAN FUTURE (CBT) | S N3 COMDTY | L | 9.86 |
| US 10YR NOTE (CBT) | TYM3 Comdty | L | 9.66 |
| TOPIX INDEX (Tokyo) | TPM3 Index | L | 9.64 |
| EURO-BOBL FUTURE (EUX) | OEM3 Comdty | S | 8.62 |
Education
Regulatory and Legal
Financial Reports
At a Glance
Investment Objective
HRAA seeks long-term capital appreciation by investing, directly or indirectly, in major global asset classes including but not limited to equity indexes, fixed income indexes, interest rates, commodities and currencies.
HRAA is an alternative mutual fund within the meaning of National instrument 81-102 Investment Funds, and is permitted to use strategies generally prohibited by conventional mutual funds and ETFs, such as borrowing cash, selling securities short, and employing leverage of up to 300%, amongst others. The use of these strategies may accelerate the risk associated with the ETF. The ETF is not guaranteed, its values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the ETF. Please read the prospectus and its risk disclosure before investing.
Product Facts
Fund Details
Ticker
HRAA
Inception Date
July 30, 2020
Net Assets ?
$106,090,597
As at May 31, 2023
Consolidated Prior Day Volume ?
24 044
ForJune 01, 2023
Average Daily Trading Volume Over a 12 Month Period ?
39,959
As at June 01, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Management Fee
0.85%
(Plus applicable sales tax)
Management Expense Ratio ?
1.88%
As at December 31, 2022
Performance Fee
15% of outperformance over high water mark and an annualized return of 3% (please see the prospectus for more information)
Currency
CAD
Currency Hedging
N/A
LEI ?
549300V8J7S410LFE313
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 ReSolve Adaptive Asset Allocation ETF | -0.49 | -0.38 | -1.65 | -0.53 | -10.49 | -- | -- | -- | 3.16 |
**Fund performance since inception on July 30, 2020, as at May 31, 2023
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons ReSolve Adaptive Asset Allocation ETF | -- | -- | -- | -- | -- | -- | 8.09 | -1.83 |
Distributions
Distribution data is not currently available.
Holdings
Top 10 Holdings
As at April 30, 2023| Security Name | Symbol | Long / Short | Absolute Exposure as a % of Net Assets |
|---|---|---|---|
| CHF CURRENCY FUT | SFM3 Curncy | S | 21.12 |
| BP CURRENCY FUT | BPM3 Curncy | L | 15.35 |
| EURO-BUND FUTURE | RXM3 Comdty | S | 13.09 |
| AUDUSD Crncy Fut | ADM3 Curncy | S | 12.86 |
| JPN YEN CURR FUT | JYM3 Curncy | S | 11.80 |
| SUGAR #11 WORLD FUTURE (NYB) | SBN3 COMDTY | L | 10.12 |
| SOYBEAN FUTURE (CBT) | S N3 COMDTY | L | 9.86 |
| US 10YR NOTE (CBT) | TYM3 Comdty | L | 9.66 |
| TOPIX INDEX (Tokyo) | TPM3 Index | L | 9.64 |
| EURO-BOBL FUTURE (EUX) | OEM3 Comdty | S | 8.62 |
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