HARC
Investment Objective
HARC seeks to generate positive absolute returns through long and short exposure to selected global currencies. HARC will generally hold Canadian short-term fixed-income securities and will primarily use derivative instruments to gain its exposure to selected global currencies.
Fund Details
Ticker
HARC
Inception Date
January 16, 2017
Average Daily Trading Volume Over a 12 Month Period ?
--
As at --
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Management Fee
0.85%
(Plus applicable sales tax)
Management Expense Ratio ?
1.09%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
LEI ?
549300G3ENI4XIIO6E31
Distribution Metrics
Most Recent Distributions Per Unit
$--
12-Month Trailing Yield ?
-- %
Distribution Frequency
--
Record Date
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 security holder. 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.
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 (%) *
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Calendar Year Performance (%) *
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Distributions
Distribution data is not currently available.
Top 10 Holdings
As at December 31, 2023| Security Name | Symbol | Long / Short | Absolute Exposure as a % of Net Assets |
|---|---|---|---|
| US Dollar Forward | USD | S | 24.54 |
| Offshore Chinese Renminbi | CNH | S | 24.02 |
| Indonesian Rupiah | IDR | L | 20.97 |
| Indian Rupee | INR | L | 16.84 |
| Swiss Franc | CHF | S | 14.06 |
| Canadian Dollar Forward | CAD | S | 13.99 |
| Brazilian Real Forward | BRL | L | 11.63 |
| Mexican Peso Forward | MXN | L | 9.82 |
| Columbian Peso Forward | COP | L | 8.65 |
| Taiwan | TWD | S | 7.77 |
Education
Regulatory and Legal
At a Glance
Investment Objective
HARC seeks to generate positive absolute returns through long and short exposure to selected global currencies. HARC will generally hold Canadian short-term fixed-income securities and will primarily use derivative instruments to gain its exposure to selected global currencies.
Product Facts
Fund Details
Ticker
HARC
Inception Date
January 16, 2017
Average Daily Trading Volume Over a 12 Month Period ?
--
As at --
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Management Fee
0.85%
(Plus applicable sales tax)
Management Expense Ratio ?
1.09%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
LEI ?
549300G3ENI4XIIO6E31
Distribution Metrics
As at --
Most Recent Distributions Per Unit
--
Annualized Distribution Yield ?
-- %
As at --
12-Month Trailing Yield ?
-- %
Distribution Frequency
--
Record Date
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 security holder. 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.
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.
Performance & Distributions
Annualized Performance (%)
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Calendar Year Performance (%)
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Distributions
Distribution data is not currently available.
Holdings
Top 10 Holdings
As at December 31, 2023| Security Name | Symbol | Long / Short | Absolute Exposure as a % of Net Assets |
|---|---|---|---|
| US Dollar Forward | USD | S | 24.54 |
| Offshore Chinese Renminbi | CNH | S | 24.02 |
| Indonesian Rupiah | IDR | L | 20.97 |
| Indian Rupee | INR | L | 16.84 |
| Swiss Franc | CHF | S | 14.06 |
| Canadian Dollar Forward | CAD | S | 13.99 |
| Brazilian Real Forward | BRL | L | 11.63 |
| Mexican Peso Forward | MXN | L | 9.82 |
| Columbian Peso Forward | COP | L | 8.65 |
| Taiwan | TWD | S | 7.77 |
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