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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.49% 1.11% 37.34M 1790.37
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
3.10% 155.2% 1.090M Upgrade

Basic Info

Investment Strategy
The investment objective of Horizons HAD is to seek long-term returns primarily through maximized interest income and capital appreciation. Horizons HAD invests primarily in a portfolio of Canadian debt (including debt-like securities) denominated in Canadian dollars. The ETF invests in its own actively managed portfolio of investments. Horizons HAD is substantially invested at all times in a portfolio primarily composed of Canadian federal and provincial government bonds, debt (including debt-like securities) of Canadian corporate issuers and municipal bonds. Horizons HAD does not invest in bonds denominated in currencies other than the Canadian Dollar.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Medium Quality/Extensive Sensitivity
Broad Asset Class --
Broad Category Fixed Income
Category Name Canadian Fixed Income
Category Index Morningstar Can Core Bd GR CAD
Global Category Name Canada Fixed Income
YCharts Categorization Canada Bond
YCharts Benchmark Bloomberg Global Aggregate CAD (^BBGATRCAD)
Prospectus Objective --
Fund Owner Firm Name Horizons ETFs Management (Canada) Inc
Prospectus Benchmark Index
ICE BofA CA Brd Mkt TR LOC 100.0%
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%
Manager Tenure
Not Disclosed 11.48 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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--
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Total Return (NAV)
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--
--
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Category Rtn. (NAV)
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--
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--
--
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% Rank in Cat (NAV)
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As of April 25, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
4.68%
2.61%
5.61%
9.98%
-4.65%
-11.89%
5.88%
-3.14%
2.60%
1.06%
7.43%
5.33%
-1.39%
-11.53%
6.33%
-1.98%
--
--
--
--
-2.03%
-11.54%
6.17%
-3.52%
2.31%
1.13%
6.78%
8.59%
-2.89%
-11.86%
6.89%
-3.74%
1.61%
1.38%
6.05%
8.31%
-2.84%
-10.61%
6.51%
-2.93%
2.42%
1.00%
7.27%
8.58%
-2.80%
-11.67%
6.64%
-3.77%
As of April 25, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash -0.15% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 100.2% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment objective of Horizons HAD is to seek long-term returns primarily through maximized interest income and capital appreciation. Horizons HAD invests primarily in a portfolio of Canadian debt (including debt-like securities) denominated in Canadian dollars. The ETF invests in its own actively managed portfolio of investments. Horizons HAD is substantially invested at all times in a portfolio primarily composed of Canadian federal and provincial government bonds, debt (including debt-like securities) of Canadian corporate issuers and municipal bonds. Horizons HAD does not invest in bonds denominated in currencies other than the Canadian Dollar.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Medium Quality/Extensive Sensitivity
Broad Asset Class --
Broad Category Fixed Income
Category Name Canadian Fixed Income
Category Index Morningstar Can Core Bd GR CAD
Global Category Name Canada Fixed Income
YCharts Categorization Canada Bond
YCharts Benchmark Bloomberg Global Aggregate CAD (^BBGATRCAD)
Prospectus Objective --
Fund Owner Firm Name Horizons ETFs Management (Canada) Inc
Prospectus Benchmark Index
ICE BofA CA Brd Mkt TR LOC 100.0%
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%
Manager Tenure
Not Disclosed 11.48 yrs

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