HPR $8.19

Change $-0.04 -0.49%

Volume 39742

Last Close $8.23


Prices delayed by 15 minutes.
Last trade: Dec 19, 2018 10:15 AM

Ticker:

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NET ASSETS:

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Average Daily Trading Volume Over a 12 Month Period:

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HPR

November 22, 2010

1,500,297,750 (as at 2018-12-18)

0 (for 2018-12-18)

677,299.46 (as at 2018-11-30)

Toronto Stock Exchange

Horizons ETFs Management (Canada) Inc.

All Registered and Non-Registered Accounts

Fiera Capital Corporation

0.55% (plus applicable sales tax)

CAD

549300UYRSEMRLH9FA96

Found In

Active

Fixed Income

Investment Objective

The investment objective of the Horizons Active Preferred Share ETF (the “ETF”) is to provide dividend income while preserving capital by investing primarily in preferred shares of Canadian companies. The ETF may also invest in preferred shares of companies located in the United States, fixed income securities of Canadian and U.S. issuers, including other income generating securities, as well as Canadian equity securities and exchange traded funds that issue index participation units. The ETF, to the best of its ability, seeks 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 November 22, 2010, as at November 30, 2018

Calendar Year Performance*

HPR is an actively managed ETF, and is not managed to replicate the performance of any underlying reference benchmark. Information for the S&P/TSX Preferred Share Index (the “Index”) is presented for informational purposes only as a widely accepted comparable index. The Index is designed to track the performance of the Canadian preferred share market. The composition of HPR’s portfolio can vary materially from that of the Index in terms of both constituent issuers and weightings.

Distributions

Year

 

Sector Allocation

as at November 30, 2018

Preferred Share Ratings

as at November 30, 2018

Preferred Share Category

as at November 30, 2018

Top 10 Holdings

as at October 31, 2018


 

Most Recent Distribution per Unit : 0.03142

Estimated Annualized Yield : 4.34%

12-Month Trailing Yield: 4.27%

Distribution Frequency : Monthly

Record Date: 2018-11-30

Nav/Unit: $8.21670

Price: $8.23

Premium Discount: $0.01

Premium Discount Percentage: 0.16%

Outstanding Shares: 182,590,300

as at December 18, 2018

Weighted Average Yield to Maturity: 5.75

as at November 30, 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 HPR.A is 1 to 1.001569. Only whole units of HPR 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 ETF’s Target is highly volatile. As a result, the VIX ETF is not generally viewed as 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 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.