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HBP Crude Oil Excess Return Index (HOU, HOD)
HBP Natural Gas Excess Return Index (HNU, HND)

Business Day 1st - 3rd 4th 5th 6th 7th
Primary Contract 100% 75% 50% 25% 0%
Secondary Contract 0% 25% 50% 75% 100%
 

Click here to see the above Crude Oil and Natural Gas Commodity Roll Calendars 2016-2020

The futures roll from the front month futures to the next month futures every month of any given year.

 

HBP Gold Bullion Excess Return Index (HBU, HBD, HUG)
HBP Silver Excess Return Index (HZU, HZD, HUZ)

Business Day 8th Last 7th Last 6th Last 5th Last 4th Last
Primary Contract 100% 75% 50% 25% 0%
Secondary Contract 0% 25% 50% 75% 100%
 

Click here to see the above Gold Commodity Roll Calendars 2016-2020
Click here to see the above Silver Commodity Roll Calendars 2016-2020

The HBU, HBD and HUG futures roll from the front month futures to the third month futures in January, March, May and November. HBU, HBD and HUG futures roll from the front month futures to the fourth month futures in July of any given year.
The HZU, HZD and HUZ futures roll from the front month futures to the third month futures in February, April and June. HZU, HZD and HUZ futures roll from the front month futures to the fourth month futures in August and November of any given year.

 

HBP Winter Term Natural Gas Index (HUN)
HBP Winter Term Crude Oil Index (HUC)

Business Day 1st-9th 10th 11th 12th 13th 14th 15th 16th 17th
Primary Contract 100% 87.5% 75% 62.5% 50% 37.5% 25% 12.5% 0%
Secondary Contract 0% 12.5% 25% 37.5% 50% 62.5% 75% 87.5% 100%
 

Click here to see HUN's Commodity Roll Calendars 2016-2020
Click here to see HUC's Commodity Roll Calendars 2016-2020

The HUN futures roll from the two month futures to the 14-month futures in November of any given year. The HUC futures roll from the six month futures to the 18-month futures in June of any given year.

 

More Information:

Click here for BetaPro Commodity Futures Roll Methodology

Click here for S&P 500 VIX Short-Term Futures Index™ Information

Click here to see the S&P 500 VIX Short-Term Futures Index™ Roll Calendars 2016-2020

Click here for the current Crude Oil futures curve

Click here for the current Natural Gas futures curve

Click here for the current Gold futures curve

Click here for the current Silver futures curve

Click here for the current U.S. 30-Year bond futures curve

 

 

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 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 units of a BetaPro Product decreases in value. The BetaPro Products consist of our 2x Daily Bull and 2x Daily Bear ETFs (“2x Daily ETFs”), Inverse ETFs (“Inverse ETFs”) and our BetaPro S&P 500 VIX Short-Term Futures™ ETF (the “VIX ETF”). Included in the 2x Daily 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 2x Daily 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 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 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 2x Daily 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 2x Daily ETFs, possibly direction from the performance of their respective Target(s) for the same period. 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 15.00% and 35.00% per annum of the aggregate notional exposure of HMJI’s forward documents. The hedging costs may increase above this range. The manager will publish, 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. 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.

*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.