Horizons Active Floating Rate Snr Ln ETF Class E T.HSL.A

Primary Symbol: T.HSL

The investment objective of HSL is to seek to provide unitholders with a high level of current income by investing primarily in a diversified portfolio of U.S. senior secured floating rate loans, which are generally rated below investment grade (loans rated at or below BB+ by Standard & Poors, or a similar rating by a designated rating organization) and debt securities, with capital appreciation as a secondary objective. HSL principally invests in a portfolio of U.S. senior secured floating rate loans which are generally rated below investment grade (loans rated at or below BB+ by Standard & Poors, or a similar rating by a designated rating organization) and debt securities. HSL may also invest in Listed Funds, as they are defined in the ETFs prospectus, that provide exposure to senior loans.

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Horizons Active Floating Rate Snr Ln ETF Class E

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Post by mkirkon Nov 22, 2007 12:52pm

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Post# 13852076

Insider trading

David Yager (CEO) just purchased 78,000 shares for $62,200 over the last 3 days (in addition to the near 30,000 he bought in September). Alexander Adam (on the Board) also plunked down $4,800 for 6,000 shares. Overall, management will always be positive on their company but you can't find a more positive signal than insiders willing to put their own money down on the stock. Nov 19/07 Yager, David Lenard Common Shares - Acquisition in the public market 74,000 $0.800 Nov 21/07 Yager, David Lenard Common Shares - Acquisition in the public market 2,000 $0.750 Nov 21/07 Yager, David Lenard Common Shares - Acquisition in the public market 2,000 $0.750 Nov 20/07 Adam, Alexander Common Shares - Acquisition in the public market 6,000 $0.800 For details: https://www.canadianinsider.com/coReport/allTransactions.php?ticker=hsl

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