Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.89% 0.64% 4.660M --
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
1.19% 21.16% -- Upgrade

Basic Info

Investment Strategy
HEQL seeks to provide enhanced long-term capital growth, primarily by investing, directly or indirectly, in exchange traded funds that provide exposure to a globally diversified portfolio of equity securities. HEQL will also employ leverage (not to exceed the limits on use of leverage described under “Investment Strategies”) through cash borrowing and will generally endeavour to maintain a leverage ratio of approximately 125%
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Growth
Fixed Income Style --
Broad Asset Class --
Broad Category Alternative
Category Name Alternative Equity Focused
Category Index --
Global Category Name Long/Short Equity
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective --
Fund Owner Firm Name Horizons ETFs Management (Canada) Inc
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^SPTSX60TR 100.0%
Manager Tenure
Not Disclosed 0.48 yrs

Performance Versus Category

 
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View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 01, 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
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8.81%
9.78%
-7.58%
21.93%
5.56%
28.04%
-6.24%
12.05%
4.07%
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1.25%
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5.53%
13.27%
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14.94%
As of May 01, 2024.

Asset Allocation

As of March 31, 2024.
Type % Net % Long % Short
Cash -8.79% Upgrade Upgrade
Stock 79.78% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 29.01% Upgrade Upgrade

Basic Info

Investment Strategy
HEQL seeks to provide enhanced long-term capital growth, primarily by investing, directly or indirectly, in exchange traded funds that provide exposure to a globally diversified portfolio of equity securities. HEQL will also employ leverage (not to exceed the limits on use of leverage described under “Investment Strategies”) through cash borrowing and will generally endeavour to maintain a leverage ratio of approximately 125%
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Growth
Fixed Income Style --
Broad Asset Class --
Broad Category Alternative
Category Name Alternative Equity Focused
Category Index --
Global Category Name Long/Short Equity
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective --
Fund Owner Firm Name Horizons ETFs Management (Canada) Inc
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^SPTSX60TR 100.0%
Manager Tenure
Not Disclosed 0.48 yrs

Top Portfolio Holders

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