HII $11.59

Change $-0.10 -0.86%

Volume 405

Last Close $11.69

Prices delayed by 15 minutes.
Last trade: Aug 18, 2017 04:15 AM

Inception Date:




Consolidated Prior Day Volume:


Investment Manager:



Bloomberg Ticker:

Management Fee:


January 20, 2015



9,061,819 (as at 2017-08-16)

2,425 (for 2017-08-16)

Toronto Stock Exchange

Horizons ETFs Management (Canada) Inc.

All Registered and Non-Registered Accounts

INK Canadian Insider Index


0.65% (plus applicable sales tax)


Found In



Investment Objective

Horizons HII seeks to replicate, to the extent possible, the performance of the INK Canadian Insider Index, net of expenses. The INK Canadian Insider Index is designed to provide exposure to the performance of 50 TSX-listed growth and value stocks with significant insider buying and ownership. 

Annualized Performance*

**Performance since inception on January 20, 2015, as at July 31, 2017

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.

Annualized Performance*

**Performance since inception on January 20, 2015, as at July 31, 2017

Calendar Year Performance*

**Calendar year performance since inception January 20, 2015




Sector Allocation

as at July 31, 2017

Top 10 Holdings

as at August 16, 2017

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

Most Recent Distribution per Unit : 0.05525

Estimated Annualized Yield : 1.89%

12-Month Trailing Yield: 2.03%

Distribution Frequency : Quarterly

Record Date: 2017-06-30

The INK Canadian Insider Index is a rules based index which is designed to measure the performance of 50 TSX listed growth and value stocks with significant insider buying and ownership, selected in accordance with the three INK categories described below. The universe of eligible securities for the INK Canadian Insider Index are TSX-listed equities which meet minimum size, liquidity, and insider holding disclosure requirements.

The constituent selection process for this underlying index is to identify 50 stocks within the universe of eligible securities based on the percentile ranking of each factor within the three INK categories: value, insider commitment and price momentum. In calculating a stock’s overall rank, each category is equally weighted. Additionally, the factors used for the ranking within each category are also equally ranked.

The INK Canadian Insider Index is rebalanced and equal-weighted on a semi-annual basis.

INK provides Insider News and Knowledge to investors through the commercial monitoring and research on insider trading reports in Canada and recently expanded to the U.S. markets. Learn more.

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 AlphaPro Management Inc. and 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.