HSH
Investment Objective
HSH seeks to replicate, to the extent possible, the performance of the S&P 500® CAD Hedged Index (Total Return), net of expenses. The S&P 500® CAD Hedged Index (Total Return) is designed to measure the performance of the large-cap market segment of the U.S. equity market, hedged to the Canadian dollar.
Fund Details
Ticker
HSH
Inception Date
September 19, 2016
Net Assets ?
$235,985,417
As at September 28, 2023
Consolidated Prior Day Volume ?
16 083
For September 28, 2023
Average Daily Trading Volume Over a 12 Month Period ?
12,519
As at September 28, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Benchmark
Bloomberg Index Ticker
S5CADHTR
Management Fee
0.10%
(Does not include a swap fee of approximately 30 bps, plus applicable sales tax)
Management Expense Ratio ?
0.11%
As at June 30, 2023
Swap Fee
No more than 0.30%
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
Counterparty Exposure ?
36.85%
As atAugust 31, 2023
LEI ?
549300TZIB8CU6MJK384
Index Investment Metrics
As at August 31, 2023
Index 12-Month Trailing Yield ?
1.54
Current Index Yield ?
1.58
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 S&P 500 CAD Hedged Index ETF | -1.69 | 7.98 | 13.83 | 17.78 | 14.25 | 9.32 | 9.81 | -- | 12.10 | S&P 500® CAD Hedged Index (Total Return) | -1.66 | 7.88 | 13.92 | 17.96 | 14.45 | 9.55 | 9.74 | -- | 12.11 |
**Fund performance since inception on September 19, 2016, as at August 31, 2023
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons S&P 500 CAD Hedged Index ETF |
-- | -- | 20.86 | -5.59 | 30.07 | 16.64 | 27.82 | -19.30 | S&P 500® CAD Hedged Index (Total Return) | -- | -- | 21.16 | -5.70 | 29.87 | 15.79 | 28.29 | -19.10 |
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.
Sector Allocation
As at August 31, 2023| Information Technology | 28.21% |
| Health Care | 13.16% |
| Financials | 12.46% |
| Consumer Goods | 10.61% |
| Communication Services | 8.81% |
| Industrial Services | 8.43% |
| Consumer Service | 6.56% |
| Energy | 4.42% |
| Materials | 2.46% |
| Real Estate | 2.44% |
| Utilities | 2.43% |
Top 10 Index Holdings
As at August 31, 2023| Security Name | Weight |
|---|---|
| Apple Inc | 7.38% |
| Microsoft Corp | 6.47% |
| Alphabet Inc Cl A | 4.01% |
| Amazon.com Inc | 3.27% |
| NVIDIA Corp | 3.24% |
| Tesla Inc | 1.85% |
| Meta Platforms Inc Cl A | 1.74% |
| Berkshire Hathaway Inc Cl A | 1.71% |
| Exxon Mobil Corp | 1.19% |
| UnitedHealth Group Inc | 1.18% |
At a Glance
Investment Objective
HSH seeks to replicate, to the extent possible, the performance of the S&P 500® CAD Hedged Index (Total Return), net of expenses. The S&P 500® CAD Hedged Index (Total Return) is designed to measure the performance of the large-cap market segment of the U.S. equity market, hedged to the Canadian dollar.
Product Facts
Fund Details
Ticker
HSH
Inception Date
September 19, 2016
Net Assets ?
$235,985,417
As at September 28, 2023
Consolidated Prior Day Volume ?
16 083
ForSeptember 28, 2023
Average Daily Trading Volume Over a 12 Month Period ?
12,519
As at September 28, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Benchmark
Bloomberg Index Ticker
S5CADHTR
Management Fee
0.10%
(Does not include a swap fee of approximately 30 bps, plus applicable sales tax)
Management Expense Ratio ?
0.11%
As at June 30, 2023
Swap Fee
No more than 0.30%
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
Counterparty Exposure ?
36.85%
As atAugust 31, 2023
LEI ?
549300TZIB8CU6MJK384
Index Investment Metrics
As at August 31, 2023
Index 12-Month Trailing Yield ?
1.54
Current Index Yield ?
1.58
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 S&P 500 CAD Hedged Index ETF | -1.69 | 7.98 | 13.83 | 17.78 | 14.25 | 9.32 | 9.81 | -- | 12.10 | S&P 500® CAD Hedged Index (Total Return) | -1.66 | 7.88 | 13.92 | 17.96 | 14.45 | 9.55 | 9.74 | -- | 12.11 |
**Fund performance since inception on September 19, 2016, as at August 31, 2023
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons S&P 500 CAD Hedged Index ETF | -- | -- | 20.86 | -5.59 | 30.07 | 16.64 | 27.82 | -19.30 | S&P 500® CAD Hedged Index (Total Return) | -- | -- | 21.16 | -5.70 | 29.87 | 15.79 | 28.29 | -19.10 |
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
Sector Allocation
As at August 31, 2023| Information Technology | 28.21% |
| Health Care | 13.16% |
| Financials | 12.46% |
| Consumer Goods | 10.61% |
| Communication Services | 8.81% |
| Industrial Services | 8.43% |
| Consumer Service | 6.56% |
| Energy | 4.42% |
| Materials | 2.46% |
| Real Estate | 2.44% |
| Utilities | 2.43% |
Top 10 Index Holdings
As at August 31, 2023| Security Name | Weight |
|---|---|
| Apple Inc | 7.38% |
| Microsoft Corp | 6.47% |
| Alphabet Inc Cl A | 4.01% |
| Amazon.com Inc | 3.27% |
| NVIDIA Corp | 3.24% |
| Tesla Inc | 1.85% |
| Meta Platforms Inc Cl A | 1.74% |
| Berkshire Hathaway Inc Cl A | 1.71% |
| Exxon Mobil Corp | 1.19% |
| UnitedHealth Group Inc | 1.18% |
