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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.64% 1.11% 3.275M --
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 29.44% -1.037M Upgrade

Basic Info

Investment Strategy
The investment objective of Horizons HAEB is to seek long-term moderate capital growth and generate high income. Horizons HAEB invests in a portfolio of debt (including debt-like securities) of Canadian and U.S. companies directly, or through investments in securities of other investment funds, including exchange traded funds. Each security in Horizons HAEB’s portfolio must achieve minimum inclusion requirements based on the Sub-Advisor’s environmental, social and governance (“ESG”) screening process. Horizons HAEB’s Sub-Advisor uses fundamental credit research to select debt or debt-like securities of companies that, based on the Sub-Advisor’s view on the company’s industry and growth prospects, are believed to offer superior risk adjusted returns relative to passively managed corporate bond indexes. Horizons HAEB will invest a minimum of 80% of the net asset value of its portfolio in Canadian and U.S. debt securities that are defined as investment grade.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class --
Broad Category Fixed Income
Category Name Canadian Corporate Fixed Income
Category Index Morningstar Can Corp 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 BofAML Canada Corporate 100.0%
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%
Manager Tenure
Not Disclosed 2.37 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)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
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Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
--
--
--
--
-11.21%
4.08%
4.10%
2.60%
1.06%
7.43%
5.33%
-1.39%
-11.53%
6.33%
-1.37%
4.11%
0.45%
7.76%
8.45%
-1.28%
-9.48%
7.30%
-0.39%
--
--
--
--
--
-10.61%
8.25%
-1.08%
--
0.31%
7.53%
8.33%
-1.55%
-8.96%
7.97%
-0.87%
--
--
--
--
-2.24%
-9.33%
7.88%
-0.93%
As of February 21, 2024.

Asset Allocation

As of January 31, 2024.
Type % Net % Long % Short
Cash 0.28% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 98.26% Upgrade Upgrade
Convertible 1.46% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment objective of Horizons HAEB is to seek long-term moderate capital growth and generate high income. Horizons HAEB invests in a portfolio of debt (including debt-like securities) of Canadian and U.S. companies directly, or through investments in securities of other investment funds, including exchange traded funds. Each security in Horizons HAEB’s portfolio must achieve minimum inclusion requirements based on the Sub-Advisor’s environmental, social and governance (“ESG”) screening process. Horizons HAEB’s Sub-Advisor uses fundamental credit research to select debt or debt-like securities of companies that, based on the Sub-Advisor’s view on the company’s industry and growth prospects, are believed to offer superior risk adjusted returns relative to passively managed corporate bond indexes. Horizons HAEB will invest a minimum of 80% of the net asset value of its portfolio in Canadian and U.S. debt securities that are defined as investment grade.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class --
Broad Category Fixed Income
Category Name Canadian Corporate Fixed Income
Category Index Morningstar Can Corp 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 BofAML Canada Corporate 100.0%
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%
Manager Tenure
Not Disclosed 2.37 yrs

Top Portfolio Holders

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