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CASH

Horizons High Interest Savings ETF

Price
$50.18
$0.01
0.02%
NAV
$50.1602
$0.0067
0.01%

Benchmark

Fixed Income

Fact Sheet
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QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$10.21
$-0.10
-0.97%
NAV
$10.2998
$0.0382
0.37%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$10.59
$-0.03
-0.28%
NAV
$10.6105
$-0.0431
-0.40%

Active

Corporate Class – Alternative

Fact Sheet
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USCC

Horizons US Large Cap Equity Covered Call ETF

Estimated Annualized Yield ?

As at February 28, 2023

11.69%

Investment Objective

USCC seeks to provide: (a) exposure to the performance of the large-cap market segment of the U.S. equity market and (b) monthly U.S. dollar distributions of dividend and call option income. To mitigate downside risk and generate income, USCC will employ a dynamic covered call option writing program.

Effective June 24, 2022, the investment objectives of the Horizons US Large Cap Equity Covered Call ETF (“USCC”) (formerly Horizons Enhanced Income Equity ETF (“HEA”)) were changed following receipt of the required unitholder and regulatory approvals. The ETF traded under its new fund name and ticker symbol on June 27, 2022. For more information, please refer to the disclosure documents of USCC on www.HorizonsETFs.com.

Fund Details

Ticker
USCC
Inception Date
January 15, 2014
Net Assets ?
$39,066,289
As at  March 24, 2023
Consolidated Prior Day Volume ?
3,337
For  March 24, 2023
Average Daily Trading Volume Over a 12 Month Period ?
7,030
As at  March 24, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.65%
(Plus applicable sales tax)
Management Expense Ratio ?
0.85%
As at June 30, 2022
Currency
CAD
Currency Hedging
No
LEI ?
549300GWB73M3TT1WP12
Most Recent Distributions Per Unit
0.12
Estimated Annualized Yield ?
11.69 %
12-Month Trailing Yield ?
10.67 %
Distribution Frequency
Monthly
Record Date
February 28, 2023
NAV / Unit
$16.7965
Price
$16.77
Premium Discount
$-0.03
Premium Discount Percentage
-0.16%
Outstanding Shares
3,194,454

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 US Large Cap Equity Covered Call ETF 1.56 0.53 6.10 4.63 -1.55 12.08 8.60 -- 10.08

**Fund performance since inception on January 15, 2014, as at February 28, 2023

Calendar Year Performance (%) *

2015 2016 2017 2018 2019 2020 2021 2022

Horizons US Large Cap Equity Covered Call ETF

18.00 7.02 9.00 2.25 15.86 11.40 23.83 -9.48

Effective June 24, 2022, the investment objectives of the Horizons US Large Cap Equity Covered Call ETF (“USCC”), (formerly Horizons Enhanced Income US Equity (USD) ETF (“HEA”)) was changed to seeks to provide: (a) exposure to the performance of the large-cap market segment of the U.S. equity market and (b) monthly U.S. dollar distributions of dividend and call option income. To mitigate downside risk and generate income, USCC will employ a dynamic covered call option writing program. For more information, please refer to the disclosure documents of USCC on www.HorizonsETFs.com.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2023 02/27/2023 02/28/2023 03/07/2023 0.12 Monthly
2023 01/30/2023 01/31/2023 02/10/2023 0.12 Monthly
2022 12/29/2022 12/30/2022 01/12/2023 0.12 Monthly
2022 11/29/2022 11/30/2022 12/12/2022 0.13171 Monthly
2022 10/28/2022 10/31/2022 11/10/2022 0.14193 Monthly
2022 09/28/2022 09/29/2022 10/13/2022 0.12696 Monthly
2022 08/30/2022 08/31/2022 09/13/2022 0.13447 Monthly
2022 07/28/2022 07/29/2022 08/11/2022 0.11539 Monthly
2022 05/30/2022 05/31/2022 06/10/2022 0.08051 Monthly
2022 04/28/2022 04/29/2022 05/11/2022 0.08686 Monthly
2022 03/30/2022 03/31/2022 04/12/2022 0.09029 Monthly
2022 02/25/2022 02/28/2022 03/10/2022 0.08922 Monthly
2022 01/28/2022 01/31/2022 02/10/2022 0.09119 Monthly
2021 12/30/2021 12/31/2021 01/13/2022 0.08384 Monthly
2021 11/29/2021 11/30/2021 12/10/2021 0.07859 Monthly
2021 10/28/2021 10/29/2021 11/10/2021 0.06907 Monthly
2021 09/28/2021 09/29/2021 10/13/2021 0.06798 Monthly
2021 08/30/2021 08/31/2021 09/13/2021 0.06174 Monthly
2021 07/29/2021 07/30/2021 08/12/2021 0.06256 Monthly
2021 06/29/2021 06/30/2021 07/13/2021 0.06393 Monthly
2019 06/27/2019 06/28/2019 07/11/2019 0.0496 Monthly
2019 03/28/2019 03/29/2019 04/10/2019 0.0572 Monthly
2018 12/28/2018 12/31/2018 01/11/2019 0.0649 0.17640 Annual

Sector Allocation

As at February 28, 2023
Technology 27.94%
Financial Services 13.97%
Healthcare 13.85%
Consumer Services 9.00%
Consumer Goods 8.36%
Industrial Goods 5.87%
Energy 5.15%
Industrial Services 3.63%
Real Estate 3.07%
Telecommunications 2.78%
Utilities 2.58%
Basic Materials 2.33%
Cash and Cash Equivalent 1.79%
Other -0.28%

Top 10 Holdings

As at February 28, 2023
Security Name Weight
Horizons US Large Cap Index ETF (HULC.U) 98.82%
SPXW C4025 03/17/23 -0.12%
SPX C4060 03/17/23 -0.16%
At a Glance

Investment Objective

USCC seeks to provide: (a) exposure to the performance of the large-cap market segment of the U.S. equity market and (b) monthly U.S. dollar distributions of dividend and call option income. To mitigate downside risk and generate income, USCC will employ a dynamic covered call option writing program.

Effective June 24, 2022, the investment objectives of the Horizons US Large Cap Equity Covered Call ETF (“USCC”) (formerly Horizons Enhanced Income Equity ETF (“HEA”)) were changed following receipt of the required unitholder and regulatory approvals. The ETF traded under its new fund name and ticker symbol on June 27, 2022. For more information, please refer to the disclosure documents of USCC on www.HorizonsETFs.com.

Product Facts

Fund Details

Ticker
USCC
Inception Date
January 15, 2014
Net Assets ?
$39,066,289
As at March 24, 2023
Consolidated Prior Day Volume ?
3,337
For March 24, 2023
Average Daily Trading Volume Over a 12 Month Period ?
7,030
As at March 24, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.65%
(Plus applicable sales tax)
Management Expense Ratio ?
0.85%
 As at June 30, 2022
Currency
CAD
Currency Hedging
No
LEI ?
549300GWB73M3TT1WP12
Most Recent Distributions Per Unit
0.12
Estimated Annualized Yield ?
11.69%
12-Month Trailing Yield ?
10.67%
Distribution Frequency
Monthly
Record Date
February 28, 2023
NAV / Unit
$16.7965
Price
$16.77
Premium Discount
$-0.03
Premium Discount Percentage
-0.16%
Outstanding Shares
3,194,454

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 US Large Cap Equity Covered Call ETF 1.56 0.53 6.10 4.63 -1.55 12.08 8.60 -- 10.08

**Fund performance since inception on January 15, 2014, as at February 28, 2023

Calendar Year Performance (%)

2015 2016 2017 2018 2019 2020 2021 2022
Horizons US Large Cap Equity Covered Call ETF 18.00 7.02 9.00 2.25 15.86 11.40 23.83 -9.48

Effective June 24, 2022, the investment objectives of the Horizons US Large Cap Equity Covered Call ETF (“USCC”), (formerly Horizons Enhanced Income US Equity (USD) ETF (“HEA”)) was changed to seeks to provide: (a) exposure to the performance of the large-cap market segment of the U.S. equity market and (b) monthly U.S. dollar distributions of dividend and call option income. To mitigate downside risk and generate income, USCC will employ a dynamic covered call option writing program. For more information, please refer to the disclosure documents of USCC on www.HorizonsETFs.com.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2023 02/27/2023 02/28/2023 03/07/2023 0.12 Monthly
2023 01/30/2023 01/31/2023 02/10/2023 0.12 Monthly
2022 12/29/2022 12/30/2022 01/12/2023 0.12 Monthly
2022 11/29/2022 11/30/2022 12/12/2022 0.13171 Monthly
2022 10/28/2022 10/31/2022 11/10/2022 0.14193 Monthly
2022 09/28/2022 09/29/2022 10/13/2022 0.12696 Monthly
2022 08/30/2022 08/31/2022 09/13/2022 0.13447 Monthly
2022 07/28/2022 07/29/2022 08/11/2022 0.11539 Monthly
2022 05/30/2022 05/31/2022 06/10/2022 0.08051 Monthly
2022 04/28/2022 04/29/2022 05/11/2022 0.08686 Monthly
2022 03/30/2022 03/31/2022 04/12/2022 0.09029 Monthly
2022 02/25/2022 02/28/2022 03/10/2022 0.08922 Monthly
2022 01/28/2022 01/31/2022 02/10/2022 0.09119 Monthly
2021 12/30/2021 12/31/2021 01/13/2022 0.08384 Monthly
2021 11/29/2021 11/30/2021 12/10/2021 0.07859 Monthly
2021 10/28/2021 10/29/2021 11/10/2021 0.06907 Monthly
2021 09/28/2021 09/29/2021 10/13/2021 0.06798 Monthly
2021 08/30/2021 08/31/2021 09/13/2021 0.06174 Monthly
2021 07/29/2021 07/30/2021 08/12/2021 0.06256 Monthly
2021 06/29/2021 06/30/2021 07/13/2021 0.06393 Monthly
2019 06/27/2019 06/28/2019 07/11/2019 0.0496 Monthly
2019 03/28/2019 03/29/2019 04/10/2019 0.0572 Monthly
2018 12/28/2018 12/31/2018 01/11/2019 0.0649 0.1764 Annual
Holdings

Sector Allocation

As at February 28, 2023
Technology 27.94%
Financial Services 13.97%
Healthcare 13.85%
Consumer Services 9.00%
Consumer Goods 8.36%
Industrial Goods 5.87%
Energy 5.15%
Industrial Services 3.63%
Real Estate 3.07%
Telecommunications 2.78%
Utilities 2.58%
Basic Materials 2.33%
Cash and Cash Equivalent 1.79%
Other -0.28%

Top 10 Holdings

As at February 28, 2023
Security Name Weight
Horizons US Large Cap Index ETF (HULC.U) 98.82%
SPXW C4025 03/17/23 -0.12%
SPX C4060 03/17/23 -0.16%

Related Posts

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