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

 
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
--
--
--
--
2.10%
-5.39%
6.94%
-2.23%
9.78%
-7.58%
21.93%
5.56%
28.04%
-6.24%
12.05%
6.33%
--
--
--
--
0.98%
-8.33%
5.31%
-0.91%
--
--
--
--
--
2.48%
9.94%
3.00%
--
--
--
--
--
-0.72%
5.70%
3.86%
--
--
--
--
--
-5.87%
6.32%
2.92%
As of March 28, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash 29.08% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 70.92% 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 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

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