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HBNK

Horizons Equal Weight Banks Index ETF

Price
$21.16
$0.13
0.62%
NAV
$21.1920
$0.1406
0.67%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

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

Price
$27.23
$-0.01
-0.04%
NAV
$27.2262
$-0.0101
-0.04%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.13
$0.01
0.02%
NAV
$50.1200
$0.0065
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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UBIL.U

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

Annualized Distribution Yield ?

As at April 19, 2024

5.15%

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.

UBIL.U’s yield is generally anticipated to increase or decrease depending on the prevailing interest rate environment in the U.S.

Safety + Income

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 ?
$278,053,585
As at  April 19, 2024
Consolidated Prior Day Volume ?
21 437
For  April 19, 2024
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
$0.21500
Annualized Distribution Yield ?
5.15 %

As at  April 19, 2024

12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
March 28, 2024
Most Recent Distributions Per Unit ?
$0.22000
NAV / Unit
$50.0965
Price
$50.07
Premium Discount
$-0.03
Premium Discount Percentage
-0.05%
Outstanding Shares
5,550,361
Weighted Average Duration ?
0.14
Average Credit Quality ?
A-1+
Weighted Average Yield to Maturity ?
5.71%
Weighted Average Term to Maturity
0.14

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
2024 03/28/2024 03/28/2024 04/05/2024 0.215 Monthly
2024 01/31/2024 01/31/2024 02/07/2024 0.22 Monthly
2023 12/29/2023 12/29/2023 01/08/2024 0.215 Monthly
2023 11/30/2023 11/30/2023 12/07/2023 0.235 Monthly
2023 10/31/2023 10/31/2023 11/07/2023 0.235 Monthly
2023 09/29/2023 09/29/2023 10/06/2023 0.225 Monthly
2023 08/31/2023 08/31/2023 09/08/2023 0.21 Monthly
2023 07/31/2023 07/31/2023 08/08/2023 0.215 Monthly
2023 06/30/2023 06/30/2023 07/10/2023 0.207 Monthly
2023 05/31/2023 05/31/2023 06/07/2023 0.29821 Monthly

Distributions for the Horizons 0-3 Month U.S. T-Bill ETF are declared and paid in U.S. dollars.

Credit Ratings

As at April 19, 2024
A-1+ 100.00%

Geographic Exposure

As at April 19, 2024
US 100.00%

Top 10 Holdings

As at April 19, 2024
Security Name Weight
UNITED STATES TREASURY BILL 05-07-2024 22.23%
UNITED STATES TREASURY BILL 27-06-2024 21.01%
UNITED STATES TREASURY BILL 30-05-2024 20.56%
UNITED STATES TREASURY BILL 13-06-2024 14.91%
UNITED STATES TREASURY BILL 02-05-2024 11.31%
UNITED STATES TREASURY BILL 16-05-2024 9.96%
CASH 0.02%

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.

UBIL.U’s yield is generally anticipated to increase or decrease depending on the prevailing interest rate environment in the U.S.

Safety + Income

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 ?
$278,053,585
As at  April 19, 2024
Consolidated Prior Day Volume ?
21 437
ForApril 19, 2024
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
0.215
Annualized Distribution Yield ?
5.15 %

As at  April 19, 2024

12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
March 28, 2024
Most Recent Distributions Per Unit ?
$0.22000
NAV / Unit
$50.0965
Price
$50.07
Premium Discount
$-0.03
Premium Discount Percentage
-0.05%
Outstanding Shares
5,550,361
Weighted Average Duration ?
0.14
Average Credit Quality ?
A-1+
Weighted Average Yield to Maturity ?
5.71%
Weighted Average Term to Maturity
0.14

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
2024 03/28/2024 03/28/2024 04/05/2024 0.215 Monthly
2024 01/31/2024 01/31/2024 02/07/2024 0.22 Monthly
2023 12/29/2023 12/29/2023 01/08/2024 0.215 Monthly
2023 11/30/2023 11/30/2023 12/07/2023 0.235 Monthly
2023 10/31/2023 10/31/2023 11/07/2023 0.235 Monthly
2023 09/29/2023 09/29/2023 10/06/2023 0.225 Monthly
2023 08/31/2023 08/31/2023 09/08/2023 0.21 Monthly
2023 07/31/2023 07/31/2023 08/08/2023 0.215 Monthly
2023 06/30/2023 06/30/2023 07/10/2023 0.207 Monthly
2023 05/31/2023 05/31/2023 06/07/2023 0.29821 Monthly

Distributions for the Horizons 0-3 Month U.S. T-Bill ETF are declared and paid in U.S. dollars.

Holdings

Credit Ratings

As at April 19, 2024
A-1+ 100.00%

Geographic Exposure

As at  April 19, 2024
US 100.00%

Top 10 Holdings

As at April 19, 2024
Security Name Weight
UNITED STATES TREASURY BILL 05-07-2024 22.23%
UNITED STATES TREASURY BILL 27-06-2024 21.01%
UNITED STATES TREASURY BILL 30-05-2024 20.56%
UNITED STATES TREASURY BILL 13-06-2024 14.91%
UNITED STATES TREASURY BILL 02-05-2024 11.31%
UNITED STATES TREASURY BILL 16-05-2024 9.96%
CASH 0.02%

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

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