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HMUS $9.02
Change $-0.10 -1.10%
Volume 15661
Last Close $9.12
Prices delayed by 15 minutes. Last trade: May 17, 2019 05:45 PM
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HMUS
April 17, 2019
18,473,323 (as at 2019-05-17)
24,069 (for 2019-05-17)
Aequitas NEO Exchange
Horizons ETFs Management (Canada) Inc.
All Registered and Non-Registered Investment Accounts
US Marijuana Companies Index
UMMAR
0.85% (plus applicable sales tax)
CAD
5493004FYJSVLDIXPG80
Found In
Benchmark
Thematic Equity
HMUS seeks to replicate, to the extent possible, the performance of the US Marijuana Companies Index, net of expenses. The US Marijuana Companies Index is designed to provide exposure to the performance of a basket of North American publicly-listed life sciences companies having significant business activities in, or significant exposure to, the United States marijuana or hemp industries.
There are risks associated with this product. HMUS is expected to invest in the Marijuana industry in certain U.S. states that have legalized marijuana for therapeutic or adult-use, which is currently illegal under U.S. federal law. HMUS will passively invest in companies involved in the marijuana industry in the U.S. where local state law regulates and permits such activities, as well as in companies involved in the Canadian legal Marijuana industry. HMUS will not be directly engaged in the manufacture, importation, possession, use, sale or distribution of marijuana in either Canada or the U.S. Please read the full risk disclosure in the prospectus before investing.
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Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
as at May 16, 2019
Holdings are subject to change. Download full prior business day holdings
Nav/Unit: $9.01140
Price: $9.02
Premium Discount: $0.01
Premium Discount Percentage: 0.10%
Outstanding Shares: 2,050,001
as at May 17, 2019
• Strong Growth Potential: The legal Cannabis market in North America is expected to reach a value of approximately USD $35 billion by 20231 • Focus on Cultivation and Distribution: The portfolio is comprised primarily of marijuana or hemp production and distribution companies • Significant Exposure to U.S. Companies: At inception, HMUS provides exposure to a diversified group of over 30 American companies within the industry • ETF Liquidity: HMUS trades throughout the trading day as one security instead of trying to manage multiple stock positions in an emerging sector where liquidity can be a concern • Rebalanced Quarterly: Quarterly rebalances seek to ensure the composition of HMUS reflects the changing leadership and drivers of growth within the industry
1 Cannabis producers could be chasing global market worth $194 billion in seven years: BMO report, November 1, 2018.
The Horizons ETFs are listed on the Toronto Stock Exchange or the Aequitas NEO Exchange pursuant to prospectuses filed with Canadian regulators, in accordance with Canadian securities laws and regulations. None of the exchange traded funds managed by Horizons ETFs Management (Canada) Inc. are regulated by nor registered with the U.S. Securities and Exchange Commission (SEC), or with any other foreign regulatory body. Generally, non-residents of Canada, including U.S. residents, may invest through a local broker in their jurisdiction that has facilities for directly or indirectly executing orders on the Toronto Stock Exchange or the Aequitas NEO Exchange.
However, at no time may non-residents of Canada be the beneficial owners of a majority of the Units of any one of our ETFs. If at any point the Manager expects or believes that more than 40% of the Units of an ETF are beneficially held by non-residents, the Manager may elect to send notice to one or more such non-resident holders requiring them to sell all or a portion of their units of such ETF within a stated period of time. If such Units have not been sold within the stated period of time, the Manager will suspend the voting and distribution rights associated with those Units and sell the Units on the holders behalf. The rights of affected holders in such instance are limited to receiving the net proceeds of the sale of such Units.
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