TORONTO, July 3, 2018 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons ETFs") is pleased to announce that its robotics and artificial
intelligence ("A.I.") ETF – the Horizons Robotics and Automation Index ETF (the "ETF") – will have a new investment
objective and ticker symbol, as well as a lower management fee.
Starting tomorrow, the ETF's investment objective will be to seek to replicate, to the extent possible, the performance of the
Indxx Global Robotics & Artificial Intelligence Thematic Index (the "Index"), net of expenses. The ETF continues to
trade on the Toronto Stock Exchange ("TSX"), but starting tomorrow, under new ticker symbols – RBOT (in Canadian
dollars) and RBOT.U (in U.S. dollars). In addition, the ETF's management fee will be 0.68% (plus applicable taxes),
reduced from 0.75%.
Previously, the ETF's investment objective was to seek to replicate, to the extent possible, the performance of the ROBO
Global® Robotics and Automation Index, net of expenses. The ETF previously traded on the TSX under the ticker symbols
ROBO and ROBO.U.
The change in investment objective was approved by unitholders last month, and communicated via a press
release dated June 14, 2018.
RBOT is Canada's first robotics and A.I. ETF. Its underlying Index is designed to provide
exposure to the performance of equity securities of companies that are involved in the development of robotics and/or artificial
intelligence. The ETF seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times.
For further details about the ETF, visit www.HorizonsETFs.com/RBOT.
About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)
Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers
one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family
includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a
variety of market conditions. Horizons ETFs has more than $10 billion of assets under management
and 80 ETFs listed on major Canadian stock exchanges. Horizons ETFs Management (Canada) Inc. is
a member of the Mirae Asset Global Investments Group.
Horizons ETFs is a member of Mirae Asset Global Investments. Commissions, management fees and expenses all may be
associated with an investment in the Horizons Robotics and Automation Index ETF (the "ETF"). The ETF is not guaranteed, its
values change frequently and past performance may not be repeated. The prospectus contains important detailed information about
the ETF. Please read the prospectus before investing.
SOURCE Horizons ETFs Management (Canada) Inc.
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