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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.57% 0.30% 32.46M 3979.97
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
5.43% 280.4% 9.036M Upgrade

Basic Info

Investment Strategy
The investment objective of Horizons HAF is to seek to provide Unitholders with: (i) a stable stream of monthly distributions; and (ii) the opportunity for capital appreciation through a tactical asset allocation strategy that includes managing the duration and yield of its exposure to debt (including debt-like securities) according to the prevailing interest rate environment. Horizons HAF employs a strategy which seeks to optimize tactical asset allocation among debt (including debt-like asset classes) and uses fundamental credit research to select issuers that, based on the Sub-Advisor’s view, are believed to offer attractive risk adjusted returns. In order to maximize risk-adjusted returns, Horizons HAF employs a tactical asset allocation investment strategy that will use debt (including debt-like securities), as well as potentially Listed Funds, to provide exposure primarily to the returns of North American companies and foreign governments.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class --
Broad Category Fixed Income
Category Name Multi-Sector Fixed Income
Category Index Morningstar Gbl Core Bd GR CAD
Global Category Name Global Fixed Income
YCharts Categorization Global Fixed Income
YCharts Benchmark Bloomberg Global Aggregate (^BBGATR)
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 14.71 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)
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--
--
--
--
--
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Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
--
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As of April 24, 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
4.03%
0.23%
3.00%
2.74%
1.88%
-5.99%
10.60%
0.35%
2.60%
1.06%
7.43%
5.33%
-1.39%
-11.53%
6.33%
-1.77%
2.12%
0.22%
5.39%
4.03%
-0.58%
-7.78%
6.83%
-0.91%
4.13%
-0.52%
8.26%
7.96%
-2.78%
-12.00%
6.75%
-2.86%
--
--
1.29%
6.10%
2.50%
-7.90%
7.64%
0.44%
--
--
7.14%
0.87%
0.88%
-4.06%
8.69%
0.20%
As of April 24, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash 3.21% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 95.44% Upgrade Upgrade
Convertible 0.48% Upgrade Upgrade
Preferred 0.87% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment objective of Horizons HAF is to seek to provide Unitholders with: (i) a stable stream of monthly distributions; and (ii) the opportunity for capital appreciation through a tactical asset allocation strategy that includes managing the duration and yield of its exposure to debt (including debt-like securities) according to the prevailing interest rate environment. Horizons HAF employs a strategy which seeks to optimize tactical asset allocation among debt (including debt-like asset classes) and uses fundamental credit research to select issuers that, based on the Sub-Advisor’s view, are believed to offer attractive risk adjusted returns. In order to maximize risk-adjusted returns, Horizons HAF employs a tactical asset allocation investment strategy that will use debt (including debt-like securities), as well as potentially Listed Funds, to provide exposure primarily to the returns of North American companies and foreign governments.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class --
Broad Category Fixed Income
Category Name Multi-Sector Fixed Income
Category Index Morningstar Gbl Core Bd GR CAD
Global Category Name Global Fixed Income
YCharts Categorization Global Fixed Income
YCharts Benchmark Bloomberg Global Aggregate (^BBGATR)
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 14.71 yrs

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