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HSAV

Horizons Cash Maximizer ETF

Price
$102.27
$0.02
0.02%
NAV
$102.2513
$0.0079
0.01%

Benchmark

Corporate Class - Total Return

Fact Sheet
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QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$5.30
$0.03
0.57%
NAV
$5.3115
$0.0499
0.95%

Active

Covered Call

Fact Sheet
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HAC

Horizons Seasonal Rotation ETF

Price
$24.74
$0.11
0.45%
NAV
$24.7651
$0.1097
0.44%

Active

Strategic

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INOC

Horizons Inovestor Canadian Equity Index ETF

Screening for the Best Canadian Stocks

Horizons Inovestor Canadian Equity Index ETF (INOC) has a Canadian-focused equity mandate which aims to hold high-quality Canadian stocks by seeking to replicate the performance of the Nasdaq Inovestor Canada Index. The Index, made by Inovestor Asset Management Inc. in partnership with NASDAQ, applies an innovative stock selection methodology based on quality and value metrics.
 

Key Features

• Expertise of Inovestor: Harnesses the stock selection power of Inovestor – a widely followed stock selection software service used by advisors across Canada
• Equal Weighted: INOC is rebalanced quarterly back to an equal weight. This discipline sells winners and takes profits
• Diversification: The strategy is expected to avoid permanent sector concentration issues associated with traditional indices
• Performance Potential: The Index has historically generated better risk-adjusted returns than the broad Canadian stock market, as well as many widely followed factor-based indices

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 ?
$33,188,679
As at August 12, 2022
Consolidated Prior Day Volume ?
11,295
For August 12, 2022
Average Daily Trading Volume Over a 12 Month Period ?
3,839
As at August 12, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
NQICAT
Management Fee
0.50%
(Plus applicable sales tax)
Management Expense Ratio ?
0.65%
As at December 31, 2021
Currency
CAD
Currency Hedging
N/A
LEI ?
549300LZ6LFEZ0AAJM95
Most Recent Distributions Per Unit
0.06699
Estimated Annualized Yield ?
2.41%
12-Month Trailing Yield ?
2.34%
Distribution Frequency
Quarterly
Record Date
June 30, 2022
NAV / Unit
$12.2895
Price
$12.25
Premium Discount
$-0.04
Premium Discount Percentage
-0.32%
Outstanding Shares
2,700,581

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 9.57 1.15 -6.36 -6.28 -4.19 6.38 -- -- 5.92
Nasdaq Inovestor Canada Index (Total Return) 9.61 1.24 -6.05 -5.87 -3.27 6.86 -- -- 6.54

**Fund performance since inception on November 13, 2017, as at July 31, 2022

Calendar Year Performance (%) *

2014 2015 2016 2017 2018 2019 2020 2021

Horizons Inovestor Canadian Equity Index ETF

-- -- -- -- -10.45 23.00 2.10 20.89
Nasdaq Inovestor Canada Index (Total Return) -- -- -- -- -9.81 24.15 1.97 21.68

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
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 August 12, 2022
Security Name Weight
goeasy Ltd 5.28%
Stella-Jones Inc 4.40%
TFI International Inc 4.39%
ARC Resources Ltd 4.38%
Brookfield Asset Management Inc Cl A 4.19%
Canadian Natural Resources Ltd 4.15%
Labrador Iron Ore Royalty Corp 4.15%
Canfor Corp 4.03%
Richelieu Hardware Ltd 4.03%
Alimentation Couche-Tard Inc Cl A 4.01%

Holdings are subject to change. Download full prior business day: Holdings

At a Glance

Screening for the Best Canadian Stocks

Horizons Inovestor Canadian Equity Index ETF (INOC) has a Canadian-focused equity mandate which aims to hold high-quality Canadian stocks by seeking to replicate the performance of the Nasdaq Inovestor Canada Index. The Index, made by Inovestor Asset Management Inc. in partnership with NASDAQ, applies an innovative stock selection methodology based on quality and value metrics.
 

Key Features

• Expertise of Inovestor: Harnesses the stock selection power of Inovestor – a widely followed stock selection software service used by advisors across Canada
• Equal Weighted: INOC is rebalanced quarterly back to an equal weight. This discipline sells winners and takes profits
• Diversification: The strategy is expected to avoid permanent sector concentration issues associated with traditional indices
• Performance Potential: The Index has historically generated better risk-adjusted returns than the broad Canadian stock market, as well as many widely followed factor-based indices

Product Facts

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 ?
$33,188,679
As at August 12, 2022
Consolidated Prior Day Volume ?
11,295
For August 12, 2022
Average Daily Trading Volume Over a 12 Month Period ?
3,839
As at August 12, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
NQICAT
Management Fee
0.50%
(Plus applicable sales tax)
Management Expense Ratio ?
0.65%
 As at December 31, 2021
Currency
CAD
Currency Hedging
N/A
LEI ?
549300LZ6LFEZ0AAJM95
Most Recent Distributions Per Unit
0.06699
Estimated Annualized Yield ?
2.41%
12-Month Trailing Yield ?
2.34%
Distribution Frequency
Quarterly
Record Date
June 30, 2022
NAV / Unit
$12.2895
Price
$12.25
Premium Discount
$-0.04
Premium Discount Percentage
-0.32%
Outstanding Shares
2,700,581

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 9.57 1.15 -6.36 -6.28 -4.19 6.38 -- -- 5.92
Nasdaq Inovestor Canada Index (Total Return) 9.61 1.24 -6.05 -5.87 -3.27 6.86 -- -- 6.54

**Fund performance since inception on November 13, 2017, as at July 31, 2022

Calendar Year Performance (%)

2014 2015 2016 2017 2018 2019 2020 2021
Horizons Inovestor Canadian Equity Index ETF -- -- -- -- -10.45 23.00 2.10 20.89
Nasdaq Inovestor Canada Index (Total Return) -- -- -- -- -9.81 24.15 1.97 21.68

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
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 August 12, 2022
Security Name Weight
goeasy Ltd 5.28%
Stella-Jones Inc 4.40%
TFI International Inc 4.39%
ARC Resources Ltd 4.38%
Brookfield Asset Management Inc Cl A 4.19%
Canadian Natural Resources Ltd 4.15%
Labrador Iron Ore Royalty Corp 4.15%
Canfor Corp 4.03%
Richelieu Hardware Ltd 4.03%
Alimentation Couche-Tard Inc Cl A 4.01%

Holdings are subject to change. Download full prior business day: Holdings

Related Posts

At Horizons ETFs, we believe in education as empowerment. We endeavor to equip Canadian investors with the knowledge and tools they need to navigate the investing world. From the ETF basics to more complex topics like how our suite of inverse and leveraged funds work, our comprehensive learning library aims to be accessible for all investors, from beginners to experienced traders!