HXF
Investment Objective
HXF seeks to replicate, to the extent possible, the performance of the S&P/TSX Capped Financials Index (Total Return), net of expenses. The S&P/TSX Capped Financials Index is designed to measure the performance of Canadian financial sector equity securities included in the S&P/TSX Composite Index. The Relative Weight of any single index Constituent Security is capped.
Fund Details
Ticker
HXF
Inception Date
September 16, 2013
Net Assets ?
$74,927,420
As at September 28, 2023
Consolidated Prior Day Volume ?
308
For September 28, 2023
Average Daily Trading Volume Over a 12 Month Period ?
4,616
As at September 28, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
TTFSAR
Management Fee
0.25%
(Plus applicable sales tax)
Management Expense Ratio ?
0.28%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
Counterparty Exposure ?
24.69%
As atAugust 31, 2023
LEI ?
549300YJBCQHH7AOTT09
Index Investment Metrics
As at August 31, 2023
Index 12-Month Trailing Yield ?
4.28
Current Index Yield ?
4.39
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/TSX Capped Financials Index ETF | -4.28 | 3.57 | -4.70 | 2.95 | 3.71 | 12.52 | 6.61 | -- | 9.01 | S&P/TSX Capped Financials Index (Total Return) | -4.26 | 3.64 | -4.57 | 3.14 | 4.00 | 12.83 | 6.90 | -- | 9.35 |
**Fund performance since inception on September 16, 2013, as at August 31, 2023
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons S&P/TSX Capped Financials Index ETF |
-3.39 | 23.68 | 12.98 | -9.48 | 21.04 | 1.38 | 36.13 | -9.63 | S&P/TSX Capped Financials Index (Total Return) | -3.00 | 24.15 | 13.32 | -9.22 | 21.36 | 1.62 | 36.50 | -9.38 |
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.
Top 10 Index Holdings
As at August 31, 2023| Security Name | Weight |
|---|---|
| Royal Bank of Canada | 19.44% |
| Toronto-Dominion Bank | 17.32% |
| Bank of Montreal | 9.53% |
| Bank of Nova Scotia | 8.82% |
| Brookfield Corp Cl A | 7.55% |
| Canadian Imperial Bank of Commerce | 5.61% |
| Manulife Financial Corp | 5.29% |
| Sun Life Financial Inc | 4.44% |
| Intact Financial Corp | 3.83% |
| National Bank of Canada | 3.65% |
At a Glance
Investment Objective
HXF seeks to replicate, to the extent possible, the performance of the S&P/TSX Capped Financials Index (Total Return), net of expenses. The S&P/TSX Capped Financials Index is designed to measure the performance of Canadian financial sector equity securities included in the S&P/TSX Composite Index. The Relative Weight of any single index Constituent Security is capped.
Product Facts
Fund Details
Ticker
HXF
Inception Date
September 16, 2013
Net Assets ?
$74,927,420
As at September 28, 2023
Consolidated Prior Day Volume ?
308
ForSeptember 28, 2023
Average Daily Trading Volume Over a 12 Month Period ?
4,616
As at September 28, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
TTFSAR
Management Fee
0.25%
(Plus applicable sales tax)
Management Expense Ratio ?
0.28%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
Counterparty Exposure ?
24.69%
As atAugust 31, 2023
LEI ?
549300YJBCQHH7AOTT09
Index Investment Metrics
As at August 31, 2023
Index 12-Month Trailing Yield ?
4.28
Current Index Yield ?
4.39
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/TSX Capped Financials Index ETF | -4.28 | 3.57 | -4.70 | 2.95 | 3.71 | 12.52 | 6.61 | -- | 9.01 | S&P/TSX Capped Financials Index (Total Return) | -4.26 | 3.64 | -4.57 | 3.14 | 4.00 | 12.83 | 6.90 | -- | 9.35 |
**Fund performance since inception on September 16, 2013, as at August 31, 2023
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons S&P/TSX Capped Financials Index ETF | -3.39 | 23.68 | 12.98 | -9.48 | 21.04 | 1.38 | 36.13 | -9.63 | S&P/TSX Capped Financials Index (Total Return) | -3.00 | 24.15 | 13.32 | -9.22 | 21.36 | 1.62 | 36.50 | -9.38 |
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
Top 10 Index Holdings
As at August 31, 2023| Security Name | Weight |
|---|---|
| Royal Bank of Canada | 19.44% |
| Toronto-Dominion Bank | 17.32% |
| Bank of Montreal | 9.53% |
| Bank of Nova Scotia | 8.82% |
| Brookfield Corp Cl A | 7.55% |
| Canadian Imperial Bank of Commerce | 5.61% |
| Manulife Financial Corp | 5.29% |
| Sun Life Financial Inc | 4.44% |
| Intact Financial Corp | 3.83% |
| National Bank of Canada | 3.65% |
