INOC
Investment Objective
INOC seeks to replicate, to the extent possible, the performance of the Nasdaq Inovestor Canada Index, net of expenses. The Nasdaq Inovestor Canada Index is a large capitalization equity index of diversified constituents which are selected largely from the Canadian equity universe.
Fund Details
Ticker
INOC
Inception Date
November 13, 2017
Net Assets ?
$27,551,785
As at September 28, 2023
Consolidated Prior Day Volume ?
470
For September 28, 2023
Average Daily Trading Volume Over a 12 Month Period ?
4,103
As at September 28, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Benchmark
Bloomberg Index Ticker
NQICAT
Management Fee
0.50%
(Plus applicable sales tax)
Management Expense Ratio ?
0.75%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
LEI ?
549300LZ6LFEZ0AAJM95
Distribution Metrics
Most Recent Distributions Per Unit
$0.07572
Annualized Distribution Yield ?
2.34 %
As at September 28, 2023
12-Month Trailing Yield ?
1.72 %
Distribution Frequency
Quarterly
Record Date
September 29, 2023
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 Inovestor Canadian Equity Index ETF | -1.27 | 4.42 | 3.60 | 9.95 | 12.83 | 10.42 | 6.73 | -- | 6.71 | Nasdaq Inovestor Canada Index (Total Return) | -1.21 | 4.65 | 4.16 | 10.65 | 13.80 | 11.20 | 7.37 | -- | 7.38 |
**Fund performance since inception on November 13, 2017, as at August 31, 2023
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons Inovestor Canadian Equity Index ETF |
-- | -- | -- | -10.45 | 23.00 | 2.10 | 20.89 | -5.28 | Nasdaq Inovestor Canada Index (Total Return) | -- | -- | -- | -9.81 | 24.15 | 1.97 | 21.68 | -4.59 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2023 | 09/28/2023 | 09/29/2023 | 10/06/2023 | 0.07572 | — | Quarterly |
| 2023 | 06/29/2023 | 06/30/2023 | 07/10/2023 | 0.07729 | — | Quarterly |
| 2023 | 03/30/2023 | 03/31/2023 | 04/10/2023 | 0.06204 | — | Quarterly |
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.01584 | — | Quarterly |
| 2022 | 09/28/2022 | 09/29/2022 | 10/13/2022 | 0.06961 | — | Quarterly |
| 2022 | 06/29/2022 | 06/30/2022 | 07/13/2022 | 0.06699 | — | Quarterly |
| 2022 | 03/30/2022 | 03/31/2022 | 04/12/2022 | 0.0652 | — | Quarterly |
| 2021 | 12/30/2021 | 12/31/2021 | 01/13/2022 | 0.09791 | 0.28596 | Quarterly |
| 2021 | 09/28/2021 | 09/29/2021 | 10/13/2021 | 0.0504 | — | Quarterly |
| 2021 | 06/29/2021 | 06/30/2021 | 07/13/2021 | 0.04417 | — | Quarterly |
| 2021 | 03/30/2021 | 03/31/2021 | 04/13/2021 | 0.0427 | — | Quarterly |
| 2020 | 12/30/2020 | 12/31/2020 | 01/13/2021 | 0.0513 | — | Quarterly |
| 2020 | 09/29/2020 | 09/30/2020 | 10/13/2020 | 0.0555 | — | Quarterly |
| 2020 | 06/29/2020 | 06/30/2020 | 07/13/2020 | 0.0619 | — | Quarterly |
| 2020 | 03/30/2020 | 03/31/2020 | 04/13/2020 | 0.0534 | — | Quarterly |
| 2019 | 12/30/2019 | 12/31/2019 | 01/13/2020 | 0.0537 | — | Quarterly |
| 2019 | 09/27/2019 | 09/30/2019 | 10/10/2019 | 0.0519 | — | Quarterly |
| 2019 | 06/27/2019 | 06/28/2019 | 07/11/2019 | 0.0592 | — | Quarterly |
| 2019 | 03/28/2019 | 03/29/2019 | 04/10/2019 | 0.0433 | — | Quarterly |
| 2018 | 12/28/2018 | 12/31/2018 | 01/11/2019 | 0.0409 | — | Quarterly |
| 2018 | 09/27/2018 | 09/28/2018 | 10/11/2018 | 0.0538 | — | Quarterly |
| 2018 | 06/28/2018 | 06/29/2018 | 07/12/2018 | 0.0455 | — | Quarterly |
| 2018 | 03/28/2018 | 03/29/2018 | 04/11/2018 | 0.0435 | — | Quarterly |
Top 10 Holdings
As at September 28, 2023| Security Name | Weight |
|---|---|
| Imperial Oil Ltd | 5.08% |
| Canadian Natural Resources Ltd | 4.68% |
| ARC Resources Ltd | 4.58% |
| TFI International Inc | 4.38% |
| Dollarama Inc | 4.30% |
| NORTH WEST CO INC (THE) VARIABLE VTG AND VTG | 4.30% |
| Labrador Iron Ore Royalty Corp | 4.28% |
| ALIMENTATION COUCHE-TARD INC | 4.25% |
| EQB INC | 4.07% |
| Intact Financial Corp | 4.02% |
Holdings are subject to change. Download full prior business day: Holdings
Education
Regulatory and Legal
At a Glance
Investment Objective
INOC seeks to replicate, to the extent possible, the performance of the Nasdaq Inovestor Canada Index, net of expenses. The Nasdaq Inovestor Canada Index is a large capitalization equity index of diversified constituents which are selected largely from the Canadian equity universe.
Product Facts
Fund Details
Ticker
INOC
Inception Date
November 13, 2017
Net Assets ?
$27,551,785
As at September 28, 2023
Consolidated Prior Day Volume ?
470
ForSeptember 28, 2023
Average Daily Trading Volume Over a 12 Month Period ?
4,103
As at September 28, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Benchmark
Bloomberg Index Ticker
NQICAT
Management Fee
0.50%
(Plus applicable sales tax)
Management Expense Ratio ?
0.75%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
LEI ?
549300LZ6LFEZ0AAJM95
Distribution Metrics
As at September 28, 2023
Most Recent Distributions Per Unit
0.07572
Annualized Distribution Yield ?
2.34 %
As at September 28, 2023
12-Month Trailing Yield ?
1.72 %
Distribution Frequency
Quarterly
Record Date
September 29, 2023
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 Inovestor Canadian Equity Index ETF | -1.27 | 4.42 | 3.60 | 9.95 | 12.83 | 10.42 | 6.73 | -- | 6.71 | Nasdaq Inovestor Canada Index (Total Return) | -1.21 | 4.65 | 4.16 | 10.65 | 13.80 | 11.20 | 7.37 | -- | 7.38 |
**Fund performance since inception on November 13, 2017, as at August 31, 2023
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons Inovestor Canadian Equity Index ETF | -- | -- | -- | -10.45 | 23.00 | 2.10 | 20.89 | -5.28 | Nasdaq Inovestor Canada Index (Total Return) | -- | -- | -- | -9.81 | 24.15 | 1.97 | 21.68 | -4.59 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2023 | 09/28/2023 | 09/29/2023 | 10/06/2023 | 0.07572 | Quarterly | |
| 2023 | 06/29/2023 | 06/30/2023 | 07/10/2023 | 0.07729 | Quarterly | |
| 2023 | 03/30/2023 | 03/31/2023 | 04/10/2023 | 0.06204 | Quarterly | |
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.01584 | Quarterly | |
| 2022 | 09/28/2022 | 09/29/2022 | 10/13/2022 | 0.06961 | Quarterly | |
| 2022 | 06/29/2022 | 06/30/2022 | 07/13/2022 | 0.06699 | Quarterly | |
| 2022 | 03/30/2022 | 03/31/2022 | 04/12/2022 | 0.0652 | Quarterly | |
| 2021 | 12/30/2021 | 12/31/2021 | 01/13/2022 | 0.09791 | 0.28596 | Quarterly |
| 2021 | 09/28/2021 | 09/29/2021 | 10/13/2021 | 0.0504 | Quarterly | |
| 2021 | 06/29/2021 | 06/30/2021 | 07/13/2021 | 0.04417 | Quarterly | |
| 2021 | 03/30/2021 | 03/31/2021 | 04/13/2021 | 0.0427 | Quarterly | |
| 2020 | 12/30/2020 | 12/31/2020 | 01/13/2021 | 0.0513 | Quarterly | |
| 2020 | 09/29/2020 | 09/30/2020 | 10/13/2020 | 0.0555 | Quarterly | |
| 2020 | 06/29/2020 | 06/30/2020 | 07/13/2020 | 0.0619 | Quarterly | |
| 2020 | 03/30/2020 | 03/31/2020 | 04/13/2020 | 0.0534 | Quarterly | |
| 2019 | 12/30/2019 | 12/31/2019 | 01/13/2020 | 0.0537 | Quarterly | |
| 2019 | 09/27/2019 | 09/30/2019 | 10/10/2019 | 0.0519 | Quarterly | |
| 2019 | 06/27/2019 | 06/28/2019 | 07/11/2019 | 0.0592 | Quarterly | |
| 2019 | 03/28/2019 | 03/29/2019 | 04/10/2019 | 0.0433 | Quarterly | |
| 2018 | 12/28/2018 | 12/31/2018 | 01/11/2019 | 0.0409 | Quarterly | |
| 2018 | 09/27/2018 | 09/28/2018 | 10/11/2018 | 0.0538 | Quarterly | |
| 2018 | 06/28/2018 | 06/29/2018 | 07/12/2018 | 0.0455 | Quarterly | |
| 2018 | 03/28/2018 | 03/29/2018 | 04/11/2018 | 0.0435 | Quarterly |
Holdings
Top 10 Holdings
As at September 28, 2023| Security Name | Weight |
|---|---|
| Imperial Oil Ltd | 5.08% |
| Canadian Natural Resources Ltd | 4.68% |
| ARC Resources Ltd | 4.58% |
| TFI International Inc | 4.38% |
| Dollarama Inc | 4.30% |
| NORTH WEST CO INC (THE) VARIABLE VTG AND VTG | 4.30% |
| Labrador Iron Ore Royalty Corp | 4.28% |
| ALIMENTATION COUCHE-TARD INC | 4.25% |
| EQB INC | 4.07% |
| Intact Financial Corp | 4.02% |
Holdings are subject to change. Download full prior business day: Holdings
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