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Welcome to Generation ETFs, brought to you by Horizons ETFs Management (Canada) Inc. This is a podcast series dedicated to the next generation of investing. In this series, Generation ETFs aims to educate and inspire advisors and investors by discussing market trends and investment strategies with leading experts in the industry.

Season 2

Season 2 Ep. 6: Can Sustainable Investing Save the World? (Transcript)
We might invest to change our fortunes for the better but what if we could do the same for the world as well? Amid the threat of climate change, inequality and political unrest, the movement towards socially responsible or ethical investing is empowering regular investors to help create a brighter future. Good Investing Guru Tim Nash sits down with Horizons ETFs’ Mark Noble to highlight what investors are doing right now, how investors can be better, whether marijuana is “responsible” and the next big issues on the horizon.


Season 2 Ep. 5: The Rise of Artificial Intelligence (Transcript)
From finance to advertising, artificial intelligence is changing the way that we live. With the rise of A.I. and the automated workforce, should we be worried about our job prospects? How is the collection of mass personal data affecting the future? Portfolio Manager Hans Albrecht sits down with Cameron Schuler, Chief Commercialization Officer, VP, Industry Innovation of the Vector Institute, one of the world’s leading artificial intelligence research hubs.


Season 2 Ep. 4: Trade Wars, The Chinese Economy, and What It Means For ETFs (Transcript)
The world is changing: from trade wars to climate change, even small incidents continents away can have ripple effects with significant consequences for tomorrow’s markets. In our fifth podcast, we go global with Forstrong Global Investment’s President and CIO, Tyler Mordy to take a look at what trends are developing across the world and what they mean for ETFs and the investing outlook.


Season 2 Ep. 3: Why Own Marijuana Stocks? (Part 2) (Transcript)
There’s a lot of hype around the marijuana industry, but how much substance is there to actually owning Marijuana-focused stocks? We take a deep-dive into the investment case for actually owning Marijuana-focused stocks with John Zamparo, Director, Equity Research – Retail, Consumer Products, and Cannabis at CIBC Capital Markets. Mr. Zamparo helps to demystify what makes a good Marijuana investment and looks at the underlying drivers behind the growth of valuations in Marijuana stocks and both the opportunities and risks facing the sector down the road.


Season 2 Ep. 2: Why Own Marijuana Stocks? (Part 1) (Transcript)


Season 2 Ep. 1: Brooke Thackray (Transcript)
Seasonal investing: Can historical trends guide smart investing decisions? Brooke Thackray explains how it works on the Season 2 premiere on Generation ETFs.


Season 1

Season 1 Ep. 6: Brooke Thackray (Transcript)
In this episode of Generation ETFs, Brooke Thackray discusses seasonality and what it means for investors today.


Season 1 Ep. 5: Tyler Mordy (Transcript)
Tyler Mordy discusses ETF strategies and the next evolution of investment products.


Season 1 Ep. 4: Sri Iyer (Transcript)
In this episode of Generation ETFs, Sri Iyer discusses the ins and outs of dividend investing. Sri is managing director and head of systematic strategies at Guardian Capital, where he helps lead the development and implementation of proprietary systematic strategies.


Season 1 Ep. 3: Brooke Thackray (Transcript)
In this episode of Generation ETFs, Brooke Thackray discusses the concept of seasonality and what it means for investors.


Season 1 Ep. 2: The Options Guys (Transcript)
In this episode of Generation ETFs, Hans Albrecht and Nicolas Piquard, dubbed “The Options Guys,” demystify options and discuss options terminology that might confuse people. Nick and Hans also talk about some of the advantages of trading options within an ETF rather than on your own.


Season 1 Ep. 1: Mark Yamada (Transcript)
This episode of Generation ETFs features an interview with Mark Yamada, President and Chief Executive Officer of PŮR Investing, Inc. PŮR is focused on getting investors better and more personalized investing solutions.

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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.