Horizons Active Income ETFs

Horizons Active Income ETFs are sub-advised by some of Canada’s leading fixed income managers, and include a diversified suite of ten income ETFs. Because they are actively managed, they have the potential to achieve better risk-adjusted returns and generate higher levels of income, compared to passive indexing or higher-fee funds.

Ticker ETF Name Management Fee1 (%)
HFR Horizons Active Floating Rate Bond ETF 0.40
HUF.U Horizons Active US Floating Rate Bond ETF 0.40
HAD Horizons Active Cdn Bond ETF 0.42
HAB Horizons Active Corporate Bond ETF 0.50
HAF Horizons Active Global Fixed Income ETF 0.45
HMP Horizons Active Cdn Municipal Bond ETF 0.35
HPR Horizons Active Preferred Share ETF 0.55
HFP Horizons Active Floating Rate Preferred Share ETF 0.55
HSL Horizons Active Floating Rate Senior Loan ETF 0.75
HYI Horizons Active High Yield Bond ETF 0.60
 

1Plus applicable sales taxes.

Horizons Active Fixed Income ETFs

Diversified Suite of Fixed Income ETFs

• Low duration and/or floating rate government and corporate bonds
• Investment grade or high yield corporate bonds, floating rate senior loans
• Floating rate investment grade
• Preferred shares

Institutional Execution

• Institutional managers can potentially get better pricing and typically have lower trading costs
• Institutional managers can potentially achieve better execution using their scale and understanding of market dynamics
• Institutional managers often get priority access to quality new fixed income issues

Active Management

• Is not constrained by passive index rules
• Can benefit from disciplined risk oversight
• Employs fundamental credit analysis

Download PDF

Share This Article

Official Partner of the Toronto Raptors
 

“Toronto Raptors” and associated word marks and logos are trademarks, designs and other forms of intellectual property of NBA Properties, Inc. and the Toronto Raptors and are used under licence (or with permission) by Maple Leaf Sports & Entertainment Partnership © 2017 NBA Properties, Inc. All rights reserved.

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 consist of the Horizons Index ETFs ("Index ETFs"), 2x Daily Bull and -2x Daily Bear ETFs ("2x Daily ETFs"), Inverse ETFs ("Inverse ETFs"), VIX ETFs (defined below) and active ETFs. The 2x Daily ETFs and certain other Horizons Exchange Traded Products use leveraged investment techniques that can magnify gains and losses and may result in greater volatility of returns. These Horizons Exchange Traded 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 Index ETF or Inverse ETF seeks a return that is 100% or -100%, respectively, 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 possibly direction from the performance of their respective Target(s) for the same period. The Horizons Exchange Traded Products whose Target is the S&P 500 VIX Short-Term Futures Index™ (the "VIX ETFs"), one of which is a 2x Daily ETF and one of which is an Index ETF, as described in their prospectus, are speculative investment tools that are not conventional investments. The VIX ETFs' Target is highly volatile. As a result, the VIX ETFs are not generally viewed as stand-alone long-term investments. 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 ETFs nor their Target are 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.