HYI $9.85

Change $-0.01 -0.10%

Volume 1900

Last Close $9.86


Prices delayed by 15 minutes.
Last trade: Aug 17, 2018 05:15 PM

Inception Date:

LEI:

Ticker:

NET ASSETS:

Consolidated Prior Day Volume:

Average Daily Trading Volume Over a 12 Month Period:

Exchange:

Investment Manager:

Eligibility:

Sub-Advisor:

Management Fee:

Currency:

February 14, 2012

549300LPRVF0WXOP7O87

HYI

137,326,307 (as at 2018-08-17)

40,288 (for 2018-08-16)

48,011 (as at 2018-07-31)

Toronto Stock Exchange

Horizons ETFs Management (Canada) Inc.

All Registered and Non-Registered Accounts

Fiera Capital Corporation

0.60% (plus applicable sales tax)

CAD

Found In

Active

Fixed Income

Investment Objective

Horizons Active High Yield Bond ETF’s (the “ETF”) investment objectives are to provide Unitholders with: (i) high total return income; and (ii) monthly distributions. The ETF invests, directly or indirectly, primarily in high-yield debt securities of North American companies. The ETF may also invest, directly or indirectly, in convertible debentures, preferred shares and mortgage back securities. The ETF will, to the best of its ability, seek to hedge its non-Canadian dollar currency exposure to the Canadian dollar at all times.

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 February 14, 2012, as at July 31, 2018

Calendar Year Performance*

Distributions

Year

 

Sector Allocation

as at July 31, 2018

Geographic Allocation

as at July 31, 2018

Credit Rating

as at June 30, 2018

Top 10 Holdings

as at July 31, 2018


 

Most Recent Distribution per Unit : 0.05207

Estimated Annualized Yield : 6.32%

12-Month Trailing Yield: 5.70%

Distribution Frequency : Monthly

Record Date: 2018-07-31

Nav/Unit: $9.82650

Price: $9.85

Premium Discount: $0.02

Premium Discount Percentage: 0.24%

Outstanding Shares: 13,975,120

as at August 17, 2018

Weighted Average Duration: 4.36

Average Credit Quality: BB-

Weighted Average Coupon: 6.98

Weighted Average Yield to Maturity: 7.33

as at July 31, 2018

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 HYI.A is 1 to 1.000217. Only whole units of HYI were issued and any resulting fractional units were redeemed for cash. For more information, view our press release.

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Horizons ETFs is a Member of Mirae Asset Global Investments. 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 which consist of our 2x Daily Bull and 2x Daily Bear ETFs ("2x Daily ETFs"), Inverse ETFs ("Inverse ETFs") and our VIX ETF (defined below). 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, 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 Inverse ETF seeks a return that is -100% 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, for the 2x Daily ETFs, possibly direction from the performance of their respective Target(s) for the same period. The BetaPro Product whose Target is the S&P 500 VIX Short-Term Futures Index™ (the "VIX ETF"), which is a (1x) VIX ETF, as described in the prospectus, is a speculative investment tool that is not a conventional investment. The VIX ETFs' Target is highly volatile. As a result, the VIX ETF is not generally viewed as stand-alone long-term investment. 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 ETF nor its Target is 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.