Search
Generic filters
Search in excerpt

Un FNB pour chaque investisseur.

HSAV

FNB Horizons Compte maximiseur d’espèces

Prix
$103.61
$-0.19
-0.18%
Valeur liquidative
$103.3505
$0.0115
0.01%

Indices

Catégorie de Société - Rendement Total

Aperçu du FNB
En savoir plus sur HSAV

QQCC

FNB Horizons Options d’achat couvertes NASDAQ-100

Prix
$9.89
$0.33
3.45%
Valeur liquidative
$9.8753
$0.2847
2.97%

Active

Options D'achat Couvertes

Aperçu du FNB
En savoir plus sur QQCC

HAC

FNB Horizons à rotation saisonnière

Prix
$26.03
$0.25
0.97%
Valeur liquidative
$25.6874
$0.0576
0.22%

Active

Stratégique

Aperçu du FNB
En savoir plus sur HAC
Explorer tous les produits
Search
Generic filters
Search in excerpt
Retour à Médias

Horizons ETFs Reduces Management Fees on Certain ETFs

TORONTO – April 3, 2017 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce that it has reduced the management fee on the Horizons S&P/TSX Capped Energy Index ETF (“HXE”) and the Horizons S&P/TSX Capped Financials Index ETF (“HXF”) to 0.25% from 0.35% for each ETF, effective April 1, 2017.

HXE seeks to replicate, to the extent possible, the performance of the S&P/TSX Capped Energy Index (Total Return), net of expenses. The S&P/TSX Capped Energy Index (Total Return) is designed to measure the performance of Canadian energy sector equity securities included in the S&P/TSX Composite Index. The relative weight of any single index constituent security is capped.

HXF seeks to replicate, to the extent possible, the performance of the S&P/TSX Capped Financials Index (Total Return), net of expenses. The S&P/TSX Capped Financials Index is designed to measure the performance of Canadian financial sector equity securities included in the S&P/TSX Composite Index. The relative weight of any single index constituent security is capped.

HXE and HXF were already the lowest-cost ETFs in Canada offering exposure to the S&P/TSX Capped Energy Index and S&P/TSX Capped Financials Index, respectively. Now with management fees of only 25 basis points, these two ETFs are less than half the cost of the leading competitor ETFs that track these same or similar indices,” said Steve Hawkins, Co-CEO and President of Horizons ETFs. “Typically, a passive index ETF will not generate a return that is higher than the index it replicates, so the lower the fee to get that index exposure, the better the performance should be versus a higher fee ETF that tracks the same index.

Not only do HXE and HXF have a fee-advantage versus competitor ETFs, they also have significant after-tax advantages due to their unique total return structure. HXE and HXF use Horizons ETFs’ innovative total return index (“TRI”) structure to provide tax-efficient exposure to the total returns of their respective indices.

TRI ETFs are low-cost, index-replicating ETFs that use a synthetic replication structure to receive the pre-tax total return of an index. Unlike physically-replicated ETFs, no distributions are expected to be paid by the ETF. Instead, the value of any dividend or interest income is directly reflected in the performance of the ETF. This leads to greater tax efficiency for investors who hold the ETF in nonregistered investment accounts. In addition, the potential for tracking error is also reduced in TRI ETFs since there are no portfolio trading costs.

We think the combination of industry-low fees and significant after-tax advantages, make HXE and HXF very compelling ETFs to use for passive index exposure to energy and financial stocks, the two largest sectors in Canada,” said Mr. Hawkins.

About Horizons ETFs Management (Canada) Inc.
Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. are innovative financial services companies offering the Horizons ETFs family of exchange traded funds. The Horizons ETFs family includes a broadly diversified range of investment tools with solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $7 billion of assets under management. With 76 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs Management (Canada) Inc. and AlphaPro Management Inc. are members of the Mirae Asset Global Investments Group.

For more information:
Mark Noble, Head of Sales Strategy
Horizons ETFs Management (Canada) Inc.
(416) 640-8254 mnoble@horizonsetfs.com

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "anticipate", "believe", "intend" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Horizons ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.

Download PDF

Mots-clés
Non classifié(e)

Get Horizons insights in your inbox

"*" indique un champ obligatoire

Veuillez indiquer si vous êtes :*
* Indique un champ obligatoire

Publications connexes

À Horizons ETFs, nous croyons que l’éducation est synonyme d’autonomisation. Nous nous efforçons de fournir aux investisseurs canadiens les connaissances et les outils dont ils ont besoin pour naviguer dans le monde des placements. Qu’il s’agisse des connaissances de base sur les FNB ou de sujets plus complexes comme le fonctionnement de notre gamme de fonds inverses et à effet de levier, notre bibliothèque d’apprentissage exhaustive vise à être accessible à tous les investisseurs, des débutants aux spéculateurs expérimentés!