A new way to gain exposure to technology stocks

TORONTO – November 6, 2018 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) has launched the Horizons Industry 4.0 Index ETF (“FOUR”). FOUR is a new- technology-focused exchange traded fund (“ETF”) that seeks to invest in sectors that are crucial to the development of the Fourth Industrial Revolution, or “Industry 4.0”. Units of the ETF will begin trading today on the Toronto Stock Exchange (“TSX”) under the ticker symbol FOUR.

FOUR seeks to replicate, to the extent possible, the performance of the Solactive Industry 4.0 Index (the “Index”), net of expenses. The Index is designed to provide exposure to the performance of companies that are advancing Industry 4.0 – the merging of the physical and digital worlds amid the newest phase of industrialization. This includes the following technologies:

1. Advanced Robotics: Two key areas include:
• Robotics and Automation: Companies involved in the design, creation and application of mechanical devices that can perform tasks and interact with their environments without human interaction
• Artificial Intelligence (“A.I.”): Companies that are involved in developing applications, technologies and products that utilize A.I. for data analysis, predictive analytics, task automation and other applications

2. The ‘Internet of Things’: A growing network of connected devices and objects that use network-enabled sensors, chips and processors to interact with other devices on a network.

3. Cloud & Big Data: Builds the foundation of Industry 4.0 and allows real-time communications for production systems, as well as real-time decision-making support and optimization.

4. Cyber-security: Online and digital solutions to protect proprietary data and client information will be absolutely vital to the success of Industry 4.0 initiatives.

5. Augmented Reality & 3D Printing: With 3D Printing, the fabrication of components becomes much more flexible, cost effective and can be distributed on-demand. Augmented Reality can speed-up the production chain and reduce maintenance costs.

With the continued increase in computer processing power and more and more use of transformative technologies such as A.I., I believe we are embarking on one of the most revolutionary periods of technological change – Industry 4.0,” said Steve Hawkins, President and CEO of Horizons ETFs. “FOUR seeks to provide broad global exposure to companies leading the charge in the five key sectors associated with Industry 4.0.

Index inclusion requirements include listing on a regulated stock exchange limited to 23 developed countries, a minimum market capitalization of USD $200 million, and a minimum average daily trade value of USD $2 million over one-month and over six-month periods prior to and including the selection day. Each of the five Index categories and their individual components are weighted equally.

FOUR is our latest offering that gives investors broad exposure to the rise of emerging technologies, through our leading line-up of thematic ETFs,” said Hawkins. “From Canada’s first global robotics equity ETF, RBOT, to our blockchain-ecosystem ETF, BKCH, to the world’s first A.I.-driven global equity ETF, MIND, Horizons ETFs is committed to providing investors with a way to invest in the technologies accelerating Industry 4.0 – and now, they can access it all through FOUR.

FOUR has closed its initial offering of units and will begin trading today on the TSX. To learn more, visit HorizonsETFs.com/FOUR.

About Horizons ETFs Management (Canada) Inc.
Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $10.2 billion of assets under management and 85 ETFs listed on major Canadian stock exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.

For investor inquiries:
Contact Horizons ETFs at 1-866-641-5739 (toll-free) or (416) 933-5745 info@horizonsetfs.com

For media inquiries:
Contact Jonathan McGuire, External Communications Manager Horizons ETFs Management (Canada) Inc.
(416) 640-2956
jmcguire@horizonsetfs.com

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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.