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An ETF for every investor.

HBNK

Horizons Equal Weight Banks Index ETF

Price
$19.35
$0.05
0.26%
NAV
$19.2848
$0.0204
0.11%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

Horizons Short-Term U.S. Treasury Premium Yield ETF

Price
$27.34
$0.14
0.51%
NAV
$27.1873
$0.0910
0.34%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.03
$0.00
0.00%
NAV
$50.0281
$0.0208
0.04%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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SPAY

Horizons Short-Term U.S. Treasury Premium Yield ETF

U.S. Treasuries, now with More Income

Investment Objective: SPAY seeks to provide: (a) exposure to the performance of a portfolio of U.S. Treasury securities, generally targeting a duration less than 3 years; and (b) high monthly distributions of interest income and option premiums. To generate premiums and reduce volatility, SPAY will employ a dynamic option program.

Fund Details

Ticker
SPAY
Inception Date
October 04, 2023
Net Assets ?
$18,571,283
As at  December 04, 2023
Consolidated Prior Day Volume ?
12 164
For  December 04, 2023
Average Daily Trading Volume Over a 12 Month Period ?
27,122
As at  December 04, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.35%
(Plus applicable sales tax)
Management Expense Ratio ?
N/A (New ETF)
Currency
CAD
Currency Hedging
No
LEI ?
894500DNHGEDNBRL3G09
Initial Percent Written
20.00%
As at October 4, 2023
Weighted Average Duration ?
1.76
As at October 4, 2023
Average Credit Quality ?
AA+
As at October 4, 2023
Weighted Average Yield to Maturity ?
5.37
As at October 4, 2023
Weighted Average Term to Maturity
2.73
As at October 4, 2023
Most Recent Distributions Per Unit
$0.12500
12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
November 30, 2023
NAV / Unit
$27.1873
Price
$27.20
Premium Discount
$0.01
Premium Discount Percentage
0.05%
Outstanding Shares
925,003

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 (%) *

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Calendar Year Performance (%) *

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2023 11/29/2023 11/30/2023 12/07/2023 0.125 Monthly
2023 10/30/2023 10/31/2023 11/07/2023 0.125 Monthly

Credit Ratings

As at October 05, 2023
AA+ 100.00%

Geographic Exposure

As at October 05, 2023
United States 100.00%

Top 10 Holdings

As at December 04, 2023
Security Name Weight
HORIZONS 0-3 MONTH US T-BILL ETF 89.23%
iShares 20 Plus Year Treasury Bond ETF (TLT) 10.59%
CASH 0.44%
CANADIAN DOLLAR 0.07%

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

At a Glance

U.S. Treasuries, now with More Income

Investment Objective: SPAY seeks to provide: (a) exposure to the performance of a portfolio of U.S. Treasury securities, generally targeting a duration less than 3 years; and (b) high monthly distributions of interest income and option premiums. To generate premiums and reduce volatility, SPAY will employ a dynamic option program.

Product Facts

Fund Details

Ticker
SPAY
Inception Date
October 04, 2023
Net Assets ?
$18,571,283
As at  December 04, 2023
Consolidated Prior Day Volume ?
12 164
ForDecember 04, 2023
Average Daily Trading Volume Over a 12 Month Period ?
27,122
As at  December 04, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.35%
(Plus applicable sales tax)
Management Expense Ratio ?
N/A (New ETF)
Currency
CAD
Currency Hedging
No
LEI ?
894500DNHGEDNBRL3G09
Initial Percent Written
20.00%
As at October 4, 2023
Weighted Average Duration ?
1.76
As at October 4, 2023
Average Credit Quality ?
AA+
As at October 4, 2023
Weighted Average Yield to Maturity ?
5.37
As at October 4, 2023
Weighted Average Term to Maturity
2.73
As at October 4, 2023
Most Recent Distributions Per Unit
0.125
12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
November 30, 2023
NAV / Unit
$27.1873
Price
$27.20
Premium Discount
$0.01
Premium Discount Percentage
0.05%
Outstanding Shares
925,003

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 (%)

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Calendar Year Performance (%)

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2023 11/29/2023 11/30/2023 12/07/2023 0.125 Monthly
2023 10/30/2023 10/31/2023 11/07/2023 0.125 Monthly
Holdings

Credit Ratings

As at October 05, 2023
AA+ 100.00%

Geographic Exposure

As at  October 05, 2023
United States 100.00%

Top 10 Holdings

As at December 04, 2023
Security Name Weight
HORIZONS 0-3 MONTH US T-BILL ETF 89.23%
iShares 20 Plus Year Treasury Bond ETF (TLT) 10.59%
CASH 0.44%
CANADIAN DOLLAR 0.07%

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

Related Posts

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