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HBNK

Horizons Equal Weight Banks Index ETF

Price
$20.95
$0.10
0.48%
NAV
$20.9714
$0.1306
0.63%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

Horizons Short-Term U.S. Treasury Premium Yield ETF

Price
$27.01
$0.00
0.00%
NAV
$27.0259
$0.0020
0.01%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.02
$0.03
0.06%
NAV
$49.9929
$0.0065
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

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 ?
$84,707,232
As at  March 01, 2024
Consolidated Prior Day Volume ?
1 719
For  March 01, 2024
Average Daily Trading Volume Over a 12 Month Period ?
21,045
As at  March 01, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.85%
(Plus applicable sales tax)
Management Expense Ratio ?
0.96%
As at June 30, 2023
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
NAV / Unit
$11.4809
Price
$11.49
Premium Discount
$0.01
Premium Discount Percentage
0.08%
Outstanding Shares
7,378,129

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 1.66 0.95 1.38 3.16 4.13 3.27 -- -- 3.77

**Fund performance since inception on July 30, 2020, as at February 29, 2024

Calendar Year Performance (%) *

2016 2017 2018 2019 2020 2021 2022 2023

Horizons ReSolve Adaptive Asset Allocation ETF

-- -- -- -- -- 8.09 -1.83 0.79

Distributions

Distribution data is not currently available.

Top 10 Holdings

As at December 31, 2023
Security Name Symbol Long / Short Absolute Exposure as a % of Net Assets
EURO FX CURR FUTURE (CME) ECH4 CURNCY L 15.77
US 5YR TREAS NTS FUTURE (CBT) FVH4 COMDTY L 15.20
JAPANESE YEN CCY FUTURE (CME) JYH4 CURNCY S 13.49
EURO-BOBL FUTURE (EUX) OEH4 COMDTY S 13.40
FTSE/MIB INDEX FUTURE (MIL) STH4 INDEX L 13.05
CANADIAN DOLLAR FUTURES (CME) CDH4 CURNCY L 10.91
NEW ZEALAND $ FUT NVH4 CURNCY L 10.37
IBEX 35 INDEX FUTURE (MFM) IBF4 INDEX L 8.63
GOLD 100 OZ FUTURE (CMX) GCG4 COMDTY L 7.55
TOPIX INDX FUTR TPH4 Index L 7.14
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 ?
$84,707,232
As at  March 01, 2024
Consolidated Prior Day Volume ?
1 719
ForMarch 01, 2024
Average Daily Trading Volume Over a 12 Month Period ?
21,045
As at  March 01, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.85%
(Plus applicable sales tax)
Management Expense Ratio ?
0.96%
 As at June 30, 2023
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
NAV / Unit
$11.4809
Price
$11.49
Premium Discount
$0.01
Premium Discount Percentage
0.08%
Outstanding Shares
7,378,129

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 1.66 0.95 1.38 3.16 4.13 3.27 -- -- 3.77

**Fund performance since inception on July 30, 2020, as at February 29, 2024

Calendar Year Performance (%)

2016 2017 2018 2019 2020 2021 2022 2023
Horizons ReSolve Adaptive Asset Allocation ETF -- -- -- -- -- 8.09 -1.83 0.79

Distributions

Distribution data is not currently available.

Holdings

Top 10 Holdings

As at December 31, 2023
Security Name Symbol Long / Short Absolute Exposure as a % of Net Assets
EURO FX CURR FUTURE (CME) ECH4 CURNCY L 15.77
US 5YR TREAS NTS FUTURE (CBT) FVH4 COMDTY L 15.20
JAPANESE YEN CCY FUTURE (CME) JYH4 CURNCY S 13.49
EURO-BOBL FUTURE (EUX) OEH4 COMDTY S 13.40
FTSE/MIB INDEX FUTURE (MIL) STH4 INDEX L 13.05
CANADIAN DOLLAR FUTURES (CME) CDH4 CURNCY L 10.91
NEW ZEALAND $ FUT NVH4 CURNCY L 10.37
IBEX 35 INDEX FUTURE (MFM) IBF4 INDEX L 8.63
GOLD 100 OZ FUTURE (CMX) GCG4 COMDTY L 7.55
TOPIX INDX FUTR TPH4 Index L 7.14

Related Posts

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