TORONTO – September 28, 2018 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) has announced that the risk ratings previously disclosed in the ETF Facts dated August 21, 2018 for the ETFs listed below were incorrect, and that such risk ratings are updated immediately as follows:
|ETF||Incorrect Risk Rating
Disclosed in ETF
August 21, 2018
|Correct Risk Rating|
|Horizons S&P/TSX 60™ Index ETF (HXT)||High||Medium|
|Horizons S&P 500® Index ETF (HXS)||High||Medium|
|Horizons S&P/TSX Capped Financials Index ETF (HXF)||High||Medium|
|Horizons US 7-10 Year Treasury Bond ETF (HTB)||Low to medium||Medium|
|Horizons NASDAQ-100® Index ETF (HXQ)||High||Medium|
|Horizons EURO STOXX 50® Index ETF (HXX)||High||Medium to high|
|Horizons S&P 500 CAD Hedged Index ETF (HSH)||High||Medium|
|Horizons Intl Developed Markets Equity Index ETF (HXDM)||Hedium to high||Medium|
No changes have been made to the investment objectives or strategies of these ETFs. A summary of the risk rating classification methodology, investment objectives and strategies of an ETF can be found in the ETF’s most recently filed prospectus.
Revised ETF Facts will be filed on SEDAR as soon as possible in order to reflect the corrected risk rating of each ETF.
About Horizons ETFs Management (Canada) Inc.
Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $10 billion of assets under management and 83 ETFs listed on major Canadian stock exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.
For investor inquiries:
Contact Horizons ETFs at 1-866-641-5739 (toll-free) or (416) 933-5745
For media inquiries:
Contact Mark Noble, Senior Vice-President, ETF Strategy
Horizons ETFs Management (Canada) Inc.