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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 value changes frequently and past performance may not be repeated. Certain Horizons Exchange Traded Products may have exposure to leveraged investment techniques that magnify gains and losses and which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The prospectus contains important detailed information about the ETF. Please read the relevant prospectus before investing.
*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(s) or future returns on investment in the ETF(s). Only the returns for periods of one year or greater are annualized returns.
The Horizons Exchange Traded Products include our BetaPro products (the “BetaPro Products”). The BetaPro Products are alternative mutual funds within the meaning of National Instrument 81-102 Investment Funds, and are permitted to use strategies generally prohibited by conventional mutual funds: the ability to invest more than 10% of their net asset value in securities of a single issuer, to employ leverage, and engage in short selling to a greater extent than is permitted in conventional mutual funds. While these strategies will only be used in accordance with the investment objectives and strategies of the BetaPro Products, during certain market conditions they may accelerate the risk that an investment in shares of a BetaPro Product decreases in value.
The BetaPro Products consist of our Daily Bull and Daily Bear ETFs (“Leveraged and Inverse Leveraged ETFs”), Inverse ETFs (“Inverse ETFs”) and our BetaPro S&P 500 VIX Short-Term Futures™ ETF (the “VIX ETF”). Included in the Leveraged and Inverse Leveraged ETFs and the Inverse ETFs are the BetaPro Marijuana Companies 2x Daily Bull ETF (“HMJU”) and BetaPro Marijuana Companies Inverse ETF (“HMJI”), which track the North American MOC Marijuana Index (NTR) and North American MOC Marijuana Index (TR), respectively. The Leveraged and Inverse Leveraged ETFs and certain other BetaPro Products use leveraged investment techniques that can magnify gains and losses and may result in greater volatility of returns. These BetaPro Products are subject to leverage risk and may be subject to aggressive investment risk and price volatility risk, among other risks, which are described in their respective prospectuses. Each Leveraged and Inverse Leveraged ETF seeks a return, before fees and expenses, that is either up to, or equal to, either 200% or –200% of the performance of a specified underlying index, commodity futures index or benchmark (the “Target”) for a single day. Each Inverse ETF seeks a return that is –100% of the performance of its Target. Due to the compounding of daily returns a Leveraged and Inverse Leveraged ETF’s or Inverse ETF’s returns over periods other than one day will likely differ in amount and, particularly in the case of the Leveraged and Inverse Leveraged ETFs, possibly direction from the performance of their respective Target(s) for the same period. For certain Leveraged and Inverse Leveraged ETFs that seek up to 200% or up to or -200% leveraged exposure, the Manager anticipates, under normal market conditions, managing the leverage ratio as close to two times (200%) as practicable however, the Manager may, at its sole discretion, change the leverage ratio based on its assessment of the current market conditions and negotiations with the respective ETF’s counterparties at that time. Hedging costs charged to BetaPro Products reduce the value of the forward price payable to that ETF. Due to the high cost of borrowing the securities of marijuana companies in particular, the hedging costs charged to HMJI are expected to be material and are expected to materially reduce the returns of HMJI to unitholders and materially impair the ability of HMJI to meet its investment objectives. Currently, the manager expects the hedging costs to be charged to HMJI and borne by unitholders will be between 10.00% and 45.00% per annum of the aggregate notional exposure of HMJI’s forward documents. The hedging costs may increase above this range. The manager publishes on its website, the updated monthly fixed hedging cost for HMJI for the upcoming month as negotiated with the counterparty to the forward documents, based on the then current market conditions.
The VIX ETF, which is a 1x ETF, as described in the prospectus, is a speculative investment tool that is not a conventional investment. The VIX ETF’s Target is highly volatile. As a result, the VIX ETF is not intended as a stand-alone long-term investment. Historically, the VIX ETF’s Target has tended to revert to a historical mean. As a result, the performance of the VIX ETF’s Target is expected to be negative over the longer term and neither the VIX ETF nor its target is expected to have positive long-term performance. BetaPro Bitcoin ETF (“HBIT”), and BetaPro Inverse Bitcoin ETF (“BITI”), which are a 1X ETF, and an up to -1X ETF, respectively, as described in the prospectus, are speculative investment tools that are not conventional investments. Their Target, an index which replicates exposure to rolling Bitcoin Futures and not the spot price of Bitcoin, is highly volatile. As a result, neither ETF is intended as a stand-alone investment. There are inherent risks associated with products linked to crypto-assets, including Bitcoin Futures. While Bitcoin Futures are traded on a regulated exchange and cleared by regulated central counterparties, direct or indirect exposure to the high level of risk of Bitcoin Futures will not be suitable for all types of investors. An investment in any of the BetaPro Products is not intended as a complete investment program and is appropriate only for investors who have the capacity to absorb a loss of some or all of their investment. Please read the full risk disclosure in the prospectus before investing. Investors should monitor their holdings in BetaPro Products and their performance at least as frequently as daily to ensure such investment(s) remain consistent with their investment strategies.
Horizons Total Return Index ETFs (“Horizons TRI ETFs”) are generally index-tracking ETFs that use an innovative investment structure known as a Total Return Swap to deliver index returns in a low-cost and tax-efficient manner. Unlike a physical replication ETF that typically purchases the securities found in the relevant index in the same proportions as the index, most Horizons TRI ETFs use a synthetic structure that never buys the securities of an index directly. Instead, the ETF receives the total return of the index through entering into a Total Return Swap agreement with one or more counterparties, typically large financial institutions, which will provide the ETF with the total return of the index in exchange for the interest earned on the cash held by the ETF. Any distributions which are paid by the index constituents are reflected automatically in the net asset value (NAV) of the ETF. As a result, the Horizons TRI ETF receives the total return of the index (before fees), which is reflected in the ETF’s share price, and investors are not expected to receive any taxable distributions. Certain Horizons TRI ETFs (Horizons Nasdaq-100 ® Index ETF and Horizons US Large Cap Index ETF) use physical replication instead of a total return swap. The Horizons Cash Maximizer ETF and Horizons USD Cash Maximizer ETF use cash accounts and do not track an index but rather a compounding rate of interest paid on the cash deposits that can change over time.
Horizons TRI ETFs include ETFs that use physical replication instead of a total return swap to gain exposure to their benchmark index. These ETFs are a class of shares in a corporate class structure that allows the ETF to deliver its returns in a tax-efficient manner. With this structure, the ETF will receive the total return of the Index (less any withholding tax payable on constituent distributions if applicable), which is reflected in the NAV of the ETF. However, investors are not expected to receive any taxable distributions from these ETFs. The Horizons Cash Maximizer ETF and Horizons USD Cash Maximizer ETF use cash accounts and do not track an index but rather a compounding rate of interest paid on a cash deposit that can change over time.
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange traded products (the “Horizons Exchange Traded Products”) managed by Horizons ETFs Management (Canada) Inc. and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor.
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Let’s get social
16h
🤓📋✏Do you consider yourself a pro on all things #ETFs? Test your #FinancialLiteracy for a chance to win a $100 …Amazon gift card!
https://www.surveymonkey.com/r/XCL5KYW
3d
Daniel Straus, head of ETF research and strategy at National Bank Financial, recently went on @BNNBloomberg to discuss …his top picks, including $HRAA (https://horizonsetfs.com/ETF/hraa/)
Find out why HRAA:
https://www.bnnbloomberg.ca/investing/video/daniel-straus-top-picks~2575660
4d
📈How much do you know about the #stockmarket? Test yourself for a chance to win a $100 Amazon gift card!📉👇
…
https://www.surveymonkey.com/r/X2SF5XK
6d
👩💻📝Test your investment knowledge for the chance to win a $100 Amazon gift card during …#FinancialLiteracyMonth:
https://www.surveymonkey.com/r/XY3BLFT
1w
📋💳It’s #FinancialLiteracyMonth!
Test your knowledge for a chance to win a $100 Amazon gift card: …https://www.surveymonkey.com/r/MG29QJW
1w
Missed our webinar on Canadian utilities ETFs?
Check out our latest recording with Mark Noble, Executive …Vice-President of ETF Strategy at Horizons ETFs and Pat Sommerville, Senior Partner and Head of Business Development at Hamilton ETFs, as they discuss how utilities investing through ETFs could provide income and defensive positioning through potential market volatility and downturns ahead.
Watch Now: https://horizonsetfs.com/get-defensive-and-income-with-utility-services-etfs/
1w
Missed our webinar?
Catch the replay to learn how utilities investing through ETFs could provide income and …defensive positioning through potential volatility and downturns with Pat Sommerville of Hamilton ETFs, and Horizons' @Swordless
https://horizonsetfs.com/get-defensive-and-income-with-utility-services-etfs/
1w
It’s not too late to sign up for the MoneyShow 's Virtual Expo!
Looking to learn more about how to …potentially generate competitive monthly income with Covered Call ETFs? Join Brock Smusiak, Vice President of Business Development at Horizons ETFs, as he dives into the world of ETF Investing at MoneyShow's Virtual Expo.
Register Now:
https://www.moneyshow.com/virtual-pass/eetf1122/
1w
It’s not too late to sign up for @MoneyShow Virtual Expo!
Join Brock Smusiak, VP of Business Development at …Horizons ETFs as he discusses competitive monthly income in Today’s Marketplace with Covered Call ETFs
Register Now:
https://online.moneyshow.com/2022/november/world-of-etf-investing-canada-virtual-expo/?scode=035323
1w
Streaming LIVE from November 29th to December 1st, dive into the world of #ETFInvesting with MoneyShow’s Virtual …Expo!
Hear from Canada's foremost ETF professionals who will provide real, practical knowledge on how to choose the right sectors and asset classes and know when to rotate ETF holdings targeting optimum results through every economic and market cycle.
Tune in to see Emerson Baker, Vice President of Institutional Sales at Horizons ETFs as he joins a panel of ETF professionals to discuss how to future-proof your ETF portfolio.
Register Now:
https://online.moneyshow.com/2022/november/world-of-etf-investing-canada-virtual-expo/?scode=035323
1w
@MoneyShow Emerson Baker, VP of Institutional Sales at Horizons ETFs joins a panel of ETF professionals to discuss how …to future-proof your ETF portfolio
Register today: https://online.moneyshow.com/2022/november/world-of-etf-investing-canada-virtual-expo/?scode=035323
1w
Streaming LIVE from November 29th to December 1st, dive into the world of #ETFInvesting with @MoneyShow’s Virtual …Expo!
1w
1w
Class is in Session! Welcome to 101s of Covered Call ETFs presented by Horizons ETFs
First, what is a covered …call?
Well, covered calls are options strategies used to generate income from equity holdings. There are two main components to this strategy:
1. The long position in an asset (Ex. Holding shares in ABC company)
2. Writing/selling a call option on the same asset
Holding the long underlying position is the “covered” aspect of the covered call strategy–if the option is exercised, the deliverable is already owned. Now that we know how covered calls work, how can they benefit YOU as the investor?
Well, covered call writing allows the generation of premiums from the equity holdings which could result in additional income. Who doesn’t love additional income?
With Horizons covered call ETFs, gain access to institutional option pricing all while being actively managed by an experienced options management team.
An all-in-one simple solution. Want to learn more?
Check out Horizons ETFs suite of covered call ETFs:
https://horizonsetfs.com/covered-call/
1w
For more information and to learn about Horizons’ Covered Call Suite, visit: https://horizonsetfs.com/covered-call/
1w
With Covered Call ETFs, investors don’t have to manage the options positions themselves! They also leverage …institutional options pricing for an all-in-one convenient structure! #SimpleInvesting #TimeSavings #DFY
1w
So, what are Covered Calls? Well, it’s an options strategy whereby premiums are generated by writing call options on …the underlying holdings which could result in additional income. Who doesn’t love additional income? #Income #Strategy
1w
Covered Call strategies were once only understood by advanced traders. Now, the strategy can be used by any investor …through Covered Call ETFs #ETFs #CoveredCalls
2w
Is the downturn in the markets this year weighing your portfolio down? Looking to mitigate capital gains taxation?
…
Mark Noble, Executive Vice-President of ETF Strategy at Horizons ETFs recently sat down with The Globe and Mail to discuss tax-loss selling with ETFs.
https://www.theglobeandmail.com/investing/article-this-could-be-a-great-year-for-tax-loss-selling-using-etfs-if-you/
“Tax loss is about the only silver lining you have in a bear market,” he said “You stay long that position, but you have harvested those losses to work to your advantage on a go-forward basis,”
Horizons ETFs’ latest piece takes a deep dive into how investors can potentially benefit from a tax-loss selling strategy with ETFs. Check it out now: https://horizonsetfs.com/calling-a-bottom-on-the-nasdaq-100-consider-a-tax-loss-selling-strategy/
The surge in ETFs has made it easier than ever for investors to take advantage of this tax-efficiency move
www.theglobeandmail.com2w
Check out Horizons ETFs’ latest piece on Tax-loss selling …https://horizonsetfs.com/calling-a-bottom-on-the-nasdaq-100-consider-a-tax-loss-selling-strategy/ and how it could potentially improve your tax position while staying invested.
2w
Looking to mitigate capital gains taxation?
“Tax loss is about the only silver lining you have in a bear …market,” says @Swordless, EVP of ETF Strategy at Horizons ETFs, in his recent discussion with @globeandmail on Tax-loss selling with ETFs.
https://www.theglobeandmail.com/investing/article-this-could-be-a-great-year-for-tax-loss-selling-using-etfs-if-you/
2w
Don’t want to lock-in to a GIC? High-Interest Savings ETFs can provide daily liquidity for cash holdings.
…💸Cash #ETFs are a great way to park cash, as they are liquid and available to be sold throughout the trading day.
Looking to park your cash ASAP? Check out Horizons High Interest Savings ETF:
$CASH – https://horizonsetfs.com/ETF/cash/
2w
“We’re proud of HCREs recognition and anticipate it'll continue to be a tax-efficient way for investors …seeking to participate in the Canadian real estate market,” says @Horizonshawk on $HCRE receiving a 2022 #RefinitivLipperFundAward in Real Estate Equity http://bit.ly/3EirwlG
2w
According to @HorizonsHawk, CEO of Horizons ETFs, $ETHI receiving an award is proof that investors can align an …investment strategy with responsible investment and also do well from a performance perspective. https://horizonsetfs.com/horizons-etfs-wins-two-lipper-fund-awards/
2w
Incredibly proud to share that two of our #ETFs won “best” in their respective categories at the 2022 …#RefinitivLipperFundAwards: Global Equity and Real Estate Equity. Find out which of our funds got awarded here 👉https://horizonsetfs.com/horizons-etfs-wins-two-lipper-fund-awards/
2w
For more information and to learn about Horizons’ High-Interest Savings ETFs visit: …https://horizonsetfs.com/is-it-time-to-switch-from-gics-to-high-interest-savings-etfs/
2w
#Investing in High-Interest Savings ETFs has these key features:
✅They can be bought and sold at any time …during the trading day 🕑
✅The yield on ETFs move with government interest rates
✅Invests primarily in high-interest deposit accounts with Canadian banks 🏦
2w
High-Interest Savings ETFs are funds that give investors the ability to #invest in #cash💵through an #ETF and receive… an attractive yield while maintaining its liquidity.
2w
Have you heard of High-Interest Savings ETFs? 🫰
3w
On this Remembrance Day, let us all remember the brave individuals who volunteered, sacrificed, and served for Canada. …
Never forgotten, always remembered.
#RemembranceDay #LestWeForget