Are low-risk funds really low risk?

September 03, 2019

Funds are lowering their risk levels now that the 2008 financial crisis is out of the picture - can investors still rely on a 10-year standard deviation? We ask Mark Noble at Horizons ETFs


Tim Nash discusses ETHI

August 30, 2019

Tim Nash of Good Investing gives his outlook for the Horizons Global Sustainability ETF.


Flight to Safety Accelerates in Canada Amid Small Cap Sell-Off

August 28, 2019

Money flows into Canadian stocks suggest investors have been sounding the alarm about slower growth prospects for months, long before the recent escalation of global trade tensions.


Tax changes lead Horizons to propose converting ETFs to corporate-class funds

August 23, 2019

Reorganization is in response to draft legislation that will implement changes to the “allocation to redeemers” rules


What a weak loonie means for Canadian investors

August 16, 2019

Currency movements are highly volatile and hard to predict – so individual investors should stay away from taking direct currency bets


Cannabis ETFs Rising in Popularity Thanks to US Demand

August 06, 2019

Thanks to the viability of investing in marijuana, exchange-traded funds (ETFs) centered on the cannabis space have seen an unprecedented increase in launches so far in 2019.


Four new ‘one ticket solution’ ETFs make debut as their popularity soars

August 14, 2019

The number of exchange-traded fund products that offer so-called one-ticket solutions to building a portfolio continues to grow in Canada amid their surging popularity.


U.S. stock market entering the danger zone: Horizons ETFs

August 02, 2019

Brooke Thackray, research analyst at Horizons ETFs, says stock investors should be adopting a more cautious approach to the U.S. market over the next couple of months. He looks back on 50-years of performance in the S&P 500 to find that August and September have the worst average monthly returns.


Virtue signalling ETFs: religion, veganism and marijuana used to tap trends

July 29, 2019

Many exchange traded funds — collections of stocks that track an underlying index — have moved beyond traditional global indices to instead converge around an ever-wider variety of given themes.


This ETF Has Risen 17% This Year and Pays Investors 3% in Dividends

July 25, 2019

For investors that are looking for a good mix of dividend income and capital appreciation, the Horizons Active Cdn Dividend ETF Common (TSX:HAL) could be an ideal investment.


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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.