HAJ $13.51

Change $-0.04 -0.30%

Volume 475

Last Close $13.55


Prices delayed by 15 minutes.
Last trade: Oct 17, 2017 05:15 PM

Inception Date:

CUSIP:

Ticker:

NET ASSETS:

Consolidated Prior Day Volume:

Exchange:

Investment Manager:

Eligibility:

Sub-Advisor:

Management Fee:

Currency:

October 10, 2012

44051M206

HAJ

36,606,633 (as at 2017-10-16)

3,927 (for 2017-10-16)

Toronto Stock Exchange

Horizons ETFs Management (Canada) Inc.

All Registered and Non-Registered Accounts

Guardian Capital LP

0.80% (plus applicable sales tax)

CAD

Found In

Active

Equity Income

Investment Objective

The investment objective of Horizons HAJ is to seek long-term returns consisting of regular dividend income and modest long-term capital growth. Horizons HAJ invests primarily in equity and equity related securities of companies with operations in emerging market economies.

Daily NAV

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 securityholder. 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.

Growth of 10K

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*

**Performance since inception on October 10, 2012, as at September 30, 2017

Calendar Year Performance*

**Calendar year performance since inception October 10, 2012

Distributions

Year

 

Sector Allocation

as at September 30, 2017

Geographic Allocation

as at September 30, 2017

Top 10 Holdings

as at September 30, 2017

Most Recent Distribution per Unit : 0.05857

Estimated Annualized Yield : 1.78%

12-Month Trailing Yield: 1.85%

Distribution Frequency : Quarterly

Record Date: 2017-09-29

Nav/Unit: $13.55280

Price: $13.55

Premium Discount: $-0.00

Premium Discount Percentage: -0.02%

Outstanding Shares: 2,701,047

as at October 16, 2017

To achieve Horizons HAJ's investment objectives, the ETF's Sub-Advisor selects high quality dividend paying companies from different sectors located, or with a significant presence, in emerging economies, which in its view, demonstrate the potential for growth and consistent dividends. The portfolio investments are diversified among countries with emerging economies which offer the prospect of higher returns and faster economic growth measured through GDP. Horizons HAJ may hedge some or all of its non-Canadian dollar currency exposure at the discretion of the Sub-Advisor.

To achieve its investment objective, the Sub-Advisor primarily invests in equity securities listed on North American exchanges including American Deposit Receipts ("ADRs") and may also from time to time invest in preferred and fixed-income securities such as government bonds, corporate bonds or treasury bills. The Sub-Advisor may sell short equity securities it believes will underperform on a relative basis or to otherwise assist the ETF in meeting its investment objectives.

Horizons ETFs Management (Canada) Inc. has completed the conversion of all advisor-class units of its Canadian-listed exchange trade funds (ETFs) into the corresponding common class units of the same ETF as at the end-of-day, April 28, 2017. The Conversion Ratio of advisor-class units to common class units for HAJ.A is 1 to 1.000301. Only whole units of HAJ were issued and any resulting fractional units were redeemed for cash. For more information, view our press release.

Official Partner of the Toronto Raptors

“Toronto Raptors” and associated word marks and logos are trademarks, designs and other forms of intellectual property of NBA Properties, Inc. and the Toronto Raptors and are used under licence (or with permission) by Maple Leaf Sports & Entertainment Partnership © 2017 NBA Properties, Inc. All rights reserved.

Horizons ETFs is a Member of Mirae Asset Global Investments. Commissions, trailing commissions, management fees and expenses all may be associated with an investment in exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the "Horizons Exchange Traded Products"). The Horizons Exchange Traded Products are not guaranteed, their values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the Horizons Exchange Traded Products. Please read the relevant prospectus before investing.

The Horizons Exchange Traded Products consist of the Horizons Index ETFs ("Index ETFs"), 2x Daily Bull and -2x Daily Bear ETFs ("2x Daily ETFs"), Inverse ETFs ("Inverse ETFs"), VIX ETFs (defined below) and active ETFs. The 2x Daily ETFs and certain other Horizons Exchange Traded Products use leveraged investment techniques that can magnify gains and losses and may result in greater volatility of returns. These Horizons Exchange Traded Products are subject to leverage risk and may be subject to aggressive investment risk and price volatility risk, which, where applicable, are described in their respective prospectuses. Each 2x Daily ETF seeks a return, before fees and expenses, that is either 200% or -200% of the performance of a specified underlying index, commodity or benchmark (the "Target") for a single day. Each Index ETF or Inverse ETF seeks a return that is 100% or -100%, respectively, of the performance of a Target. Due to the compounding of daily returns, a 2x Daily ETF's or Inverse ETF's returns over periods other than one day will likely differ in amount and possibly direction from the performance of their respective Target(s) for the same period. The Horizons Exchange Traded Products whose Target is the S&P 500 VIX Short-Term Futures Index™ (the "VIX ETFs"), one of which is a 2x Daily ETF and one of which is an Index ETF, as described in their prospectus, are speculative investment tools that are not conventional investments. The VIX ETFs' Target is highly volatile. As a result, the VIX ETFs are not generally viewed as stand-alone long-term investments. Historically, the VIX ETFs' Target has tended to revert to a historical mean. As a result, the performance of the VIX ETFs' Target is expected to be negative over the longer term and neither the VIX ETFs nor their Target are expected to have positive long term performance. Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

*The indicated rates of return are the historical annual compounded total returns including changes in per unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The rates of return shown in the table are not intended to reflect future values of the ETF or returns on investment in the ETF. Only the returns for periods of one year or greater are annualized returns.