HREU
Daily Leveraged Exposure to the Solactive Equal Weight Canada REIT 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 leveraged (up to 2x) exposure to different equity and commodity indices.
Key Features
• The Only 2x Leveraged Canadian REIT ETF: HREU provides investors with 2x the exposure to the Canadian REIT sector as measured by the Underlying Index
• No Margin: Investors do not need a margin account to use HREU to take a leveraged position on Canadian REITs. As a result, the risk of the ETF is limited to the capital invested
• ETF Liquidity: HREU can be bought and sold on the Toronto Stock Exchange throughout the normal trading day, using a brokerage account
• Diversification: Achieve exposure to the Canadian REIT sector as represented by the Underlying Index, reducing the volatility of taking on leveraged exposure to a single stock
Investment Objective
HREU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of Solactive Equal Weight Canada REIT Index. HREU does not seek to achieve its stated inves
The ETF uses leverage and is riskier than funds that do not. The ETF seeks a return, before fees and expenses, of +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.tment objective over a period of time greater than one day.
Fund Details
Ticker
HREU
Inception Date
September 01, 2021
Net Assets ?
$6,590,553
As at August 12, 2022
Consolidated Prior Day Volume ?
43
For August 12, 2022
Average Daily Trading Volume Over a 12 Month Period ?
1,255
As at August 12, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Benchmark
Bloomberg Index Ticker
SOLCREW
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.63%
As at December 31, 2021
Currency
CAD
Currency Hedging
N/A
LEI ?
5493006L5CHWGIZ1FN64
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 (%) *
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Calendar Year Performance (%) *
Calendar year performance data is not currently available.
Distributions
Distribution data is not currently available.
Top 10 Holdings
As at July 31, 2022| Security Name | Weight |
|---|---|
| H&R REIT - Units | 5.21% |
| CT REIT - Units | 4.86% |
| NorthWest Healthcare Properties REIT - Units | 4.80% |
| Choice Properties REIT - Units | 4.69% |
| Chartwell Retirement Residences - Units | 4.60% |
| Canadian Apartment Properties REIT - Units | 4.55% |
| Slate Grocery REIT - Units Cl U | 4.54% |
| Crombie REIT - Units | 4.52% |
| SmartCentres REIT - Units | 4.49% |
| Artis REIT - Units | 4.48% |
Education
Regulatory and Legal
At a Glance
Daily Leveraged Exposure to the Solactive Equal Weight Canada REIT 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 leveraged (up to 2x) exposure to different equity and commodity indices.
Key Features
• The Only 2x Leveraged Canadian REIT ETF: HREU provides investors with 2x the exposure to the Canadian REIT sector as measured by the Underlying Index
• No Margin: Investors do not need a margin account to use HREU to take a leveraged position on Canadian REITs. As a result, the risk of the ETF is limited to the capital invested
• ETF Liquidity: HREU can be bought and sold on the Toronto Stock Exchange throughout the normal trading day, using a brokerage account
• Diversification: Achieve exposure to the Canadian REIT sector as represented by the Underlying Index, reducing the volatility of taking on leveraged exposure to a single stock
Product Facts
Investment Objective
HREU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of Solactive Equal Weight Canada REIT Index. HREU does not seek to achieve its stated inves
The ETF uses leverage and is riskier than funds that do not. The ETF seeks a return, before fees and expenses, of +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.tment objective over a period of time greater than one day.
Fund Details
Ticker
HREU
Inception Date
September 01, 2021
Net Assets ?
$6,590,553
As at August 12, 2022
Consolidated Prior Day Volume ?
43
For August 12, 2022
Average Daily Trading Volume Over a 12 Month Period ?
1,255
As at August 12, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Benchmark
Bloomberg Index Ticker
SOLCREW
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.63%
As at December 31, 2021
Currency
CAD
Currency Hedging
N/A
LEI ?
5493006L5CHWGIZ1FN64
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
Holdings
Top 10 Holdings
As at July 31, 2022| Security Name | Weight |
|---|---|
| H&R REIT - Units | 5.21% |
| CT REIT - Units | 4.86% |
| NorthWest Healthcare Properties REIT - Units | 4.80% |
| Choice Properties REIT - Units | 4.69% |
| Chartwell Retirement Residences - Units | 4.60% |
| Canadian Apartment Properties REIT - Units | 4.55% |
| Slate Grocery REIT - Units Cl U | 4.54% |
| Crombie REIT - Units | 4.52% |
| SmartCentres REIT - Units | 4.49% |
| Artis REIT - Units | 4.48% |
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