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CASH

Horizons High Interest Savings ETF

Price
$50.04
$0.00
0.00%
NAV
$50.0285
$0.0172
0.03%

Benchmark

Fixed Income

Fact Sheet
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QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$9.63
$-0.07
-0.72%
NAV
$9.7297
$-0.1185
-1.20%

Active

Covered Call

Fact Sheet
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HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$11.04
$-0.05
-0.45%
NAV
$11.1048
$0.0409
0.37%

Active

Corporate Class – Alternative

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HXEM

Horizons Emerging Markets Equity Index ETF

Gain Tax-Efficient Exposure to International Stocks

Horizons Emerging Markets Equity Index ETF (HXEM) provides exposure to the performance of the Horizons Emerging Markets Futures Roll Index (Total Return). The Index is designed to measure the performance of large- and mid-cap securities across 26 emerging markets countries.

Key Features

• Exposure to Emerging Markets Equities: Gain exposure to some of the biggest companies in rapidly developing markets, which are increasingly accounting for a larger proportion of economic growth globally
• The Total Return Index Advantage: HXEM is part of Horizons Total Return Index family of ETFs (“Horizons TRI ETFs”). HXEM uses a total return swap contract to replicate the performance of the Index. This structure typically increases tax-efficiency
• Tax Efficiency: HXEM is not expected to make taxable distributions, making it advantageous for taxable accounts where foreign dividends are taxed at the marginal income tax rate of a Canadian resident
• Automatic Reinvestment: The reinvestment of index constituent distributions are reflected in HXEM’s Net Asset Value (“NAV”) on their ex-date, which can result in more efficient compounding than ETFs that compound only quarterly or monthly

Investment Objective

HXEM seeks to replicate, to the extent possible, the performance of the Horizons Emerging Markets Futures Roll Index (Total Return), net of expenses. The Horizons Emerging Markets Futures Roll Index (Total Return) is designed to measure the performance of large and mid-cap securities across 26 emerging markets countries.

Fund Details

Ticker
HXEM
Inception Date
August 04, 2020
Net Assets ?
$55,535,564
As at  December 06, 2022
Consolidated Prior Day Volume ?
3,665
For  December 06, 2022
Average Daily Trading Volume Over a 12 Month Period ?
8,689
As at  December 06, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
CMDYHXEM
Management Fee
0.25%
(Plus applicable sales tax)
Management Expense Ratio ?
0.28%
As at June 30, 2022
Swap Fee
No more than 0.30%
Currency
CAD
Currency Hedging
N/A
Counterparty Exposure ?
-13.81%
As at November 30, 2022
LEI ?
549300CW3UTSTQHMS318
NAV / Unit
$31.4090
Price
$31.43
Premium Discount
$0.02
Premium Discount Percentage
0.07%
Outstanding Shares
2,414,130

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 Emerging Markets Equity Index ETF 13.94 2.71 -0.39 -13.21 -12.89 -- -- -- -2.61

**Fund performance since inception on August 04, 2020, as at November 30, 2022

Calendar Year Performance (%) *

2014 2015 2016 2017 2018 2019 2020 2021

Horizons Emerging Markets Equity Index ETF

-- -- -- -- -- -- -- -4.25

Distributions

Distribution data is not currently available.

Commodity Rolls

As at December 08, 2022
Name Weighting
December 2022 75.00%
March 2023 25.00%
At a Glance

Gain Tax-Efficient Exposure to International Stocks

Horizons Emerging Markets Equity Index ETF (HXEM) provides exposure to the performance of the Horizons Emerging Markets Futures Roll Index (Total Return). The Index is designed to measure the performance of large- and mid-cap securities across 26 emerging markets countries.

Key Features

• Exposure to Emerging Markets Equities: Gain exposure to some of the biggest companies in rapidly developing markets, which are increasingly accounting for a larger proportion of economic growth globally
• The Total Return Index Advantage: HXEM is part of Horizons Total Return Index family of ETFs (“Horizons TRI ETFs”). HXEM uses a total return swap contract to replicate the performance of the Index. This structure typically increases tax-efficiency
• Tax Efficiency: HXEM is not expected to make taxable distributions, making it advantageous for taxable accounts where foreign dividends are taxed at the marginal income tax rate of a Canadian resident
• Automatic Reinvestment: The reinvestment of index constituent distributions are reflected in HXEM’s Net Asset Value (“NAV”) on their ex-date, which can result in more efficient compounding than ETFs that compound only quarterly or monthly

Product Facts

Investment Objective

HXEM seeks to replicate, to the extent possible, the performance of the Horizons Emerging Markets Futures Roll Index (Total Return), net of expenses. The Horizons Emerging Markets Futures Roll Index (Total Return) is designed to measure the performance of large and mid-cap securities across 26 emerging markets countries.

Fund Details

Ticker
HXEM
Inception Date
August 04, 2020
Net Assets ?
$55,535,564
As at December 06, 2022
Consolidated Prior Day Volume ?
3,665
For December 06, 2022
Average Daily Trading Volume Over a 12 Month Period ?
8,689
As at December 06, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
CMDYHXEM
Management Fee
0.25%
(Plus applicable sales tax)
Management Expense Ratio ?
0.28%
 As at June 30, 2022
Swap Fee
No more than 0.30%
Currency
CAD
Currency Hedging
N/A
Counterparty Exposure ?
-13.81%
As at November 30, 2022
LEI ?
549300CW3UTSTQHMS318
NAV / Unit
$31.4090
Price
$31.43
Premium Discount
$0.02
Premium Discount Percentage
0.07%
Outstanding Shares
2,414,130

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 Emerging Markets Equity Index ETF 13.94 2.71 -0.39 -13.21 -12.89 -- -- -- -2.61

**Fund performance since inception on August 04, 2020, as at November 30, 2022

Calendar Year Performance (%)

2014 2015 2016 2017 2018 2019 2020 2021
Horizons Emerging Markets Equity Index ETF -- -- -- -- -- -- -- -4.25

Distributions

Distribution data is not currently available.

Holdings

Commodity Rolls

As at December 08, 2022
Name Weighting
December 2022 75.00%
March 2023 25.00%

Related Posts

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