Horizons Tactical Abslt Rtn Bd ETF TR (DELISTED) (HARB.TO:DL)
10.10
0.00 (0.00%)
CAD |
TSX |
Mar 28, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.91% | -- | 32.06M | -- |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
-- | 1.14K% | -33.15M | Upgrade |
Basic Info
Investment Strategy | |
The investment objective of the Fund is to seek to provide positive absolute returns with low volatility over a market cycle regardless of market conditions or general market direction. The Fund will tactically take long and short positions in North American and global debt instruments and derivatives across the credit spectrum. In respect of the Dividend Series Shares, the Fund will also seek to provide consistent income. The Fund will trade primarily in North American and global debt instruments across the credit spectrum including, but not limited to, cash and cash equivalents, government debt, convertible bonds, government agency securities, inflation-linked bonds, investment grade corporate debt, high yield corporate debt, preferred shares, limited recourse capital notes, fixed income derivatives, private debt and other income-producing instruments. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | -- |
Broad Category | Alternative |
Category Name | Alternative Credit Focused |
Category Index | Morningstar CAD O/N Cash GR CAD |
Global Category Name | Long/Short Credit |
YCharts Categorization | Credit |
YCharts Benchmark | Bloomberg US Credit (^BBUSCRTR) |
Prospectus Objective | -- |
Fund Owner Firm Name | Horizons ETFs Management (Canada) Inc |
Prospectus Benchmark Index | |
Solactive Canadian Slct Unvrs Bd TR CAD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPTSX60TR | 100.0% |
Manager Tenure | |
Not Disclosed | 3.23 yrs |
Performance Versus Category
Annual Total Returns Versus Peers
As of March 28, 2024.
Basic Info
Investment Strategy | |
The investment objective of the Fund is to seek to provide positive absolute returns with low volatility over a market cycle regardless of market conditions or general market direction. The Fund will tactically take long and short positions in North American and global debt instruments and derivatives across the credit spectrum. In respect of the Dividend Series Shares, the Fund will also seek to provide consistent income. The Fund will trade primarily in North American and global debt instruments across the credit spectrum including, but not limited to, cash and cash equivalents, government debt, convertible bonds, government agency securities, inflation-linked bonds, investment grade corporate debt, high yield corporate debt, preferred shares, limited recourse capital notes, fixed income derivatives, private debt and other income-producing instruments. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | -- |
Broad Category | Alternative |
Category Name | Alternative Credit Focused |
Category Index | Morningstar CAD O/N Cash GR CAD |
Global Category Name | Long/Short Credit |
YCharts Categorization | Credit |
YCharts Benchmark | Bloomberg US Credit (^BBUSCRTR) |
Prospectus Objective | -- |
Fund Owner Firm Name | Horizons ETFs Management (Canada) Inc |
Prospectus Benchmark Index | |
Solactive Canadian Slct Unvrs Bd TR CAD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPTSX60TR | 100.0% |
Manager Tenure | |
Not Disclosed | 3.23 yrs |