Q1, 2019 Marijuana ETF Rebalance: Too Far, Too Fast?

April 05, 2019
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BY: MARK NOBLE, SENIOR VICE-PRESIDENT, ETF STRATEGY, HORIZONS ETFS

April 5, 2019

It has been an exciting quarter for Marijuana-sector equity investors, with the Horizons Marijuana Life Sciences Index ETF (“HMMJ: TSX”), up almost 60% since its inception, as at March 31, 2019 (see performance chart below). This explosive rally came on the heels of a significant downturn in Q4 of 2018, where HMMJ declined by nearly 20%.

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Blockchain is Down – But By No Means Out

March 25, 2019

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BY: HANS ALBRECHT, CIM®, FCSI, VICE-PRESIDENT, PORTFOLIO MANAGER AND OPTIONS STRATEGIST, HORIZONS ETFS

March 25, 2019

Blockchain is suffering from a hangover of large proportions by virtue of its association with the cryptocurrency boom. Is it deserved? Yes, to some extent – cryptocurrencies use blockchain, but blockchain use is not in any way limited to cryptocurrency applications.

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The Industry 4.0 Arms Race Continues

March 20, 2019
The Industry 4.0 Arms Race Continues 

BY: HANS ALBRECHT, CIM®, FCSI, VICE-PRESIDENT, PORTFOLIO MANAGER AND OPTIONS STRATEGIST, HORIZONS ETFS

March 20, 2019

China is making a massive investment push into artificial intelligence (“A.I.”) and cloud computing, and has said very openly that it wants to lead the world in A.I. by 2030.

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Go for the Gold

March 04, 2019
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BY: HANS ALBRECHT, CIM®, FCSI, VICE-PRESIDENT, PORTFOLIO MANAGER AND OPTIONS STRATEGIST, HORIZONS ETFS

March 4, 2019

Some of you may remember the Bre-X scandal, where mining analysts were purported to be just about tripping over bars of gold at the now infamous Busang deposit in Indonesia. It was a fascinating and tragic story about fraud, human nature, people ‘falling’ out of helicopters and a lot of participants sticking their heads in the sand for as long as possible.

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Fiera Capital’s Outlook on Preferred Shares and Fixed Income Investing in 2019

March 01, 2019
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MARK NOBLE, SENIOR VICE-PRESIDENT, ETF STRATEGY, HORIZONS ETFS

March 1, 2019

In February, Horizons ETFs co-hosted a webinar with Fiera Capital: Are Preferred Shares Oversold? Canadian Preferred Share and Fixed Income Outlook. The webinar was presented by Nicolas Normandeau, Vice-President and Portfolio Manager, Fixed Income, at Fiera Capital.

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Shall We Play a Game? The Important Evolution of Artificial Intelligence

February 26, 2019
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BY: HANS ALBRECHT, CIM®, FCSI, VICE-PRESIDENT, PORTFOLIO MANAGER AND OPTIONS STRATEGIST, HORIZONS ETFS

February 26, 2019

Combining A.I. with game-playing – computer-based or otherwise – has become a go-to method in developing what are called reinforcement learning outcomes. Video games in particular are able to offer up countless complex narratives that can serve as a great training ground for A.I. So adept are today’s A.I. agents now that machines are quite literally learning by playing simulation games on their own.

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Checking the Charts with a Middle Ages Mathematician

February 07, 2019
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BY: HANS ALBRECHT, CIM®, FCSI, VICE-PRESIDENT, PORTFOLIO MANAGER AND OPTIONS STRATEGIST, HORIZONS ETFS

February 7, 2019

The S&P 500 Index has climbed the ‘wall of worry’ impressively so far in 2019. It went from the worst December since the Great Depression to the best January since 1987. Confused? If “yes”, join the club with investors and advisors alike. It’s hard to argue with a bounce like this, but the rest of February should be interesting based on what I’m seeing on the charts. The S&P 500 has just rallied back to the 61.8% Fibonacci retracement level. Fibo-what?

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Look for Trends with Lasting Power

February 05, 2019
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BY: HANS ALBRECHT, CIM®, FCSI, VICE-PRESIDENT, PORTFOLIO MANAGER AND OPTIONS STRATEGIST, HORIZONS ETFS

February 5, 2019

There’s an old saying in investing – “Follow the trend”. But of course, the hard part is in knowing how far along we are in the trend. Naturally, it’s better to get in early, rather than late, and in my view, emerging technologies represent a great opportunity for early stage exposure to a long and promising trend.

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Gold: Checking the Boxes for HGY and HEP

January 24, 2019
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BY: HANS ALBRECHT, CIM®, FCSI, VICE-PRESIDENT, PORTFOLIO MANAGER AND OPTIONS STRATEGIST, HORIZONS ETFS

January 24, 2019

The year for gold to shine brightly may be upon us. But actually, the story began last fall as large cracks in the decade-long broader equity love-fest started to show.

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Is Chairman Powell Coming Around to Investors’ Way of Thinking?

January 10, 2019
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BY: HANS ALBRECHT, CIM®, FCSI, VICE-PRESIDENT, PORTFOLIO MANAGER AND OPTIONS STRATEGIST, HORIZONS ETFS

January 10, 2019

The payroll report announced on January 4th may seem confusing to some people. The report revealed that non-farm payrolls surged and wages jumped – the largest year-over-year increase since April 2009 for the latter. Workers seem to be re-entering the work force in large numbers.

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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.