HVAX
Investment Objective
HVAX seeks to replicate, to the extent possible and net of expenses, the performance of an index that is designed to provide exposure to the performance of global, publicly listed companies generally engaged in the development and production of vaccines, therapeutics and diagnostics. Currently, HVAX seeks to replicate, directly or indirectly, the performance of the Solactive Global Vaccines and Infectious Diseases Index, net of expenses. HVAX seeks to hedge any U.S. dollar portfolio exposure back to the Canadian dollar at all times.
Fund Details
Ticker
HVAX
Inception Date
October 26, 2021
Net Assets ?
$2,027,534
As at May 29, 2023
Consolidated Prior Day Volume ?
1 000
For May 25, 2023
Average Daily Trading Volume Over a 12 Month Period ?
184
As at May 25, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOCGVAXN
Management Fee
0.60%
(Plus applicable sales taxes)
Management Expense Ratio ?
0.71%
As at December 31, 2022
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
54930023BO8TOEE8TG37
Distribution Metrics
Most Recent Distributions Per Unit
$0.10324
Estimated Annualized Yield ?
0.64 %
12-Month Trailing Yield ?
0.69 %
Distribution Frequency
Annual
Record Date
December 30, 2022
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 Global Vaccines and Infectious Diseases Index ETF | 1.21 | -10.55 | -9.40 | -8.36 | -14.69 | -- | -- | -- | -28.39 | Solactive Global Vaccines and Infectious Diseases Index | 1.45 | -10.64 | -8.50 | -7.79 | -14.58 | -- | -- | -- | -28.86 |
**Fund performance since inception on October 26, 2021, as at April 30, 2023
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons Global Vaccines and Infectious Diseases Index ETF |
-- | -- | -- | -- | -- | -- | -- | -32.13 | Solactive Global Vaccines and Infectious Diseases Index | -- | -- | -- | -- | -- | -- | -- | -32.74 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.10324 | — | Annual |
Sector Allocation
As at April 28, 2023| Health Care | 100.00% |
Geographic Exposure
As at April 28, 2023| United States | 64.36% |
| France | 10.31% |
| China | 9.50% |
| Germany | 8.18% |
| Britain | 4.36% |
| Denmark | 1.92% |
| South Korea | 1.37% |
Top 10 Holdings
As at May 29, 2023| Security Name | Weight |
|---|---|
| CureVac NV | 6.27% |
| Moderna Inc | 5.44% |
| Pfizer Inc | 5.21% |
| BioNTech SE - ADR | 5.13% |
| Vaxcyte Inc | 5.04% |
| Sanofi SA - ADR | 4.99% |
| Vir Biotechnology Inc | 4.74% |
| Maravai LifeSciences Holdings Inc Cl A | 4.64% |
| Merck & Co Inc | 4.56% |
| 3SBio Inc | 4.16% |
Holdings are subject to change. Download full prior business day: Holdings
Education
Regulatory and Legal
At a Glance
Investment Objective
HVAX seeks to replicate, to the extent possible and net of expenses, the performance of an index that is designed to provide exposure to the performance of global, publicly listed companies generally engaged in the development and production of vaccines, therapeutics and diagnostics. Currently, HVAX seeks to replicate, directly or indirectly, the performance of the Solactive Global Vaccines and Infectious Diseases Index, net of expenses. HVAX seeks to hedge any U.S. dollar portfolio exposure back to the Canadian dollar at all times.
Product Facts
Fund Details
Ticker
HVAX
Inception Date
October 26, 2021
Net Assets ?
$2,027,534
As at May 29, 2023
Consolidated Prior Day Volume ?
1 000
ForMay 25, 2023
Average Daily Trading Volume Over a 12 Month Period ?
184
As at May 25, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOCGVAXN
Management Fee
0.60%
(Plus applicable sales taxes)
Management Expense Ratio ?
0.71%
As at December 31, 2022
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
54930023BO8TOEE8TG37
Distribution Metrics
Most Recent Distributions Per Unit
0.10324
Estimated Annualized Yield ?
0.64 %
12-Month Trailing Yield ?
0.69 %
Distribution Frequency
Annual
Record Date
December 30, 2022
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 Global Vaccines and Infectious Diseases Index ETF | 1.21 | -10.55 | -9.40 | -8.36 | -14.69 | -- | -- | -- | -28.39 | Solactive Global Vaccines and Infectious Diseases Index | 1.45 | -10.64 | -8.50 | -7.79 | -14.58 | -- | -- | -- | -28.86 |
**Fund performance since inception on October 26, 2021, as at April 30, 2023
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons Global Vaccines and Infectious Diseases Index ETF | -- | -- | -- | -- | -- | -- | -- | -32.13 | Solactive Global Vaccines and Infectious Diseases Index | -- | -- | -- | -- | -- | -- | -- | -32.74 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.10324 | Annual |
Holdings
Sector Allocation
As at April 28, 2023| Health Care | 100.00% |
Geographic Exposure
As at April 28, 2023| United States | 64.36% |
| France | 10.31% |
| China | 9.50% |
| Germany | 8.18% |
| Britain | 4.36% |
| Denmark | 1.92% |
| South Korea | 1.37% |
Top 10 Holdings
As at May 29, 2023| Security Name | Weight |
|---|---|
| CureVac NV | 6.27% |
| Moderna Inc | 5.44% |
| Pfizer Inc | 5.21% |
| BioNTech SE - ADR | 5.13% |
| Vaxcyte Inc | 5.04% |
| Sanofi SA - ADR | 4.99% |
| Vir Biotechnology Inc | 4.74% |
| Maravai LifeSciences Holdings Inc Cl A | 4.64% |
| Merck & Co Inc | 4.56% |
| 3SBio Inc | 4.16% |
Holdings are subject to change. Download full prior business day: Holdings
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