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An ETF for every investor.

CASH

Horizons High Interest Savings ETF

Price
$50.04
$0.01
0.01%
NAV
$50.0330
$0.0198
0.04%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$10.82
$-0.04
-0.37%
NAV
$10.8489
$0.0228
0.21%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$10.97
$0.00
0.00%
NAV
$10.9741
$-0.0281
-0.26%

Active

Corporate Class – Alternative

Fact Sheet
Learn more about HRAA
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UBIL.U

Horizons 0-3 Month U.S. T-Bill ETF

UBIL.U invests primarily in short-term U.S. Government T-Bills, which are backed by the “full faith and credit” of the U.S. Government.

Target Yield*: 4.25%
UBIL.U’s yield is generally anticipated to increase or decrease depending on the prevailing interest rate environment in the U.S.

Safety + Income (Target Yield*: 4.25%)

Investment Objective: UBIL.U seeks to provide interest income through exposure to U.S. Treasury Bills with remaining maturities generally less than 3 months.

The amount of the monthly distributions of an ETF, and therefore the *initial targeted annualized net yield and the ongoing annualized net yield of an ETF, may fluctuate based on market conditions, including changes to interest rates. There can be no assurance that an ETF will make any distribution in any particular period or periods. The Manager may, in its complete discretion, change the frequency of these distributions, and any such change will be announced by press release.

UBIL.U may be susceptible to an increased risk of loss, including losses due to adverse events because fund assets are concentrated in a particular issue, issuer or issuers, country, market segment, or asset class.  While U.S. Treasury obligations are backed by the “full faith and credit” of the U.S. government, such securities are nonetheless subject to credit risk (i.e. the risk that the issuing government may be, or be perceived to be, unable or unwilling to honour its financial obligations, such as making payments). For a full description of the associated risks, please refer to the fund’s prospectus at www.horizonsetfs.com.

Fund Details

Ticker
UBIL.U
Inception Date
April 12, 2023
Net Assets ?
$147,592,595
As at  June 05, 2023
Consolidated Prior Day Volume ?
5 001
For  June 05, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.12%
(Plus applicable sales tax)
Currency
USD
Currency Hedging
N/A
LEI ?
5493000BCRNP4WRJFL40
Most Recent Distributions Per Unit
$0.29821
Estimated Annualized Yield ?
7.12 %
Distribution Frequency
Monthly
Record Date
May 31, 2023
NAV / Unit
$50.0314
Price
$50.03
Premium Discount
$0.00
Premium Discount Percentage
0.00%
Outstanding Shares
2,950,001
Weighted Average Duration ?
0.12
Average Credit Quality ?
A-1+
Weighted Average Yield to Maturity ?
5.18%
Weighted Average Term to Maturity
0.12

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 (%) *

Calendar year performance data is not currently available.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2023 05/31/2023 05/31/2023 06/07/2023 0.29821 Monthly

Credit Ratings

As at June 05, 2023
A-1+ 100.00%

Geographic Exposure

As at June 05, 2023
US 100.00%

Top 10 Holdings

As at June 05, 2023
Security Name Weight
UNITED STATES TREASURY BILL 10-08-2023 17.85%
UNITED STATES TREASURY BILL 27-07-2023 15.09%
UNITED STATES TREASURY BILL 27-06-2023 15.07%
UNITED STATES TREASURY BILL 20-07-2023 14.27%
UNITED STATES TREASURY BILL 13-07-2023 12.85%
UNITED STATES TREASURY BILL 24-08-2023 12.19%
UNITED STATES TREASURY BILL 13-06-2023 12.09%
CASH 0.60%

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

At a Glance

Key Features

UBIL.U invests primarily in short-term U.S. Government T-Bills, which are backed by the “full faith and credit” of the U.S. Government.

Target Yield*: 4.25%
UBIL.U’s yield is generally anticipated to increase or decrease depending on the prevailing interest rate environment in the U.S.

Safety + Income (Target Yield*: 4.25%)

Investment Objective: UBIL.U seeks to provide interest income through exposure to U.S. Treasury Bills with remaining maturities generally less than 3 months.

The amount of the monthly distributions of an ETF, and therefore the *initial targeted annualized net yield and the ongoing annualized net yield of an ETF, may fluctuate based on market conditions, including changes to interest rates. There can be no assurance that an ETF will make any distribution in any particular period or periods. The Manager may, in its complete discretion, change the frequency of these distributions, and any such change will be announced by press release.

UBIL.U may be susceptible to an increased risk of loss, including losses due to adverse events because fund assets are concentrated in a particular issue, issuer or issuers, country, market segment, or asset class.  While U.S. Treasury obligations are backed by the “full faith and credit” of the U.S. government, such securities are nonetheless subject to credit risk (i.e. the risk that the issuing government may be, or be perceived to be, unable or unwilling to honour its financial obligations, such as making payments). For a full description of the associated risks, please refer to the fund’s prospectus at www.horizonsetfs.com.

Product Facts

Fund Details

Ticker
UBIL.U
Inception Date
April 12, 2023
Net Assets ?
$147,592,595
As at  June 05, 2023
Consolidated Prior Day Volume ?
5 001
ForJune 05, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.12%
(Plus applicable sales tax)
Currency
USD
Currency Hedging
N/A
LEI ?
5493000BCRNP4WRJFL40
Most Recent Distributions Per Unit
0.29821
Estimated Annualized Yield ?
7.12 %
Distribution Frequency
Monthly
Record Date
May 31, 2023
NAV / Unit
$50.0314
Price
$50.03
Premium Discount
$0.00
Premium Discount Percentage
0.00%
Outstanding Shares
2,950,001
Weighted Average Duration ?
0.12
Average Credit Quality ?
A-1+
Weighted Average Yield to Maturity ?
5.18%
Weighted Average Term to Maturity
0.12

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 (%)

Calendar year performance data is not currently available.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2023 05/31/2023 05/31/2023 06/07/2023 0.29821 Monthly
Holdings

Credit Ratings

As at June 05, 2023
A-1+ 100.00%

Geographic Exposure

As at  June 05, 2023
US 100.00%

Top 10 Holdings

As at June 05, 2023
Security Name Weight
UNITED STATES TREASURY BILL 10-08-2023 17.85%
UNITED STATES TREASURY BILL 27-07-2023 15.09%
UNITED STATES TREASURY BILL 27-06-2023 15.07%
UNITED STATES TREASURY BILL 20-07-2023 14.27%
UNITED STATES TREASURY BILL 13-07-2023 12.85%
UNITED STATES TREASURY BILL 24-08-2023 12.19%
UNITED STATES TREASURY BILL 13-06-2023 12.09%
CASH 0.60%

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