Canada NewsWire
TORONTO, Aug. 30, 2018
TORONTO, Aug. 30, 2018 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons ETFs") has announced changes to the risk ratings applicable to
certain of its ETFs. The changes in risk ratings are effective immediately and detailed in the table below:
ETF
|
Ticker
|
Previous Risk
Rating
|
New Risk
Rating
|
Horizons Canadian Midstream Oil & Gas Index ETF
|
HOG
|
Medium to High
|
Medium
|
Horizons S&P/TSX 60 Equal Weight Index ETF
|
HEW
|
Medium to High
|
Medium
|
Horizons China High Dividend Yield Index ETF
|
HCN
|
High
|
Medium to High
|
Horizons Active US Dividend ETF
|
HAU
|
Medium to High
|
Medium
|
Horizons Active Global Dividend ETF
|
HAZ
|
Medium to High
|
Medium
|
Horizons Active Intl Developed Markets Equity ETF
|
HADM
|
Medium to High
|
Medium
|
Horizons Enhanced Income US Equity ETF
|
HEA.U
|
Medium
|
Low to Medium
|
Horizons Absolute Return Global Currency ETF
|
HARC
|
Medium
|
Low to Medium
|
Horizons Managed Global Opportunities ETF
|
HGM
|
Medium to High
|
Medium
|
Horizons Global Risk Parity ETF
|
HRA
|
Medium
|
Low to Medium
|
BetaPro S&P/TSX 60™ Daily Inverse ETF
|
HIX
|
Medium to High
|
Medium
|
BetaPro S&P 500® Daily Inverse ETF
|
HIU
|
High
|
Medium
|
No changes have been made to the investment objectives or strategies of these ETFs as a result of the changes to the risk
ratings. A summary of the risk rating classification methodology, investment objectives and strategies of an ETF can be found in
the ETF's most recently filed prospectus.
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 83 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 exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the "Horizons Exchange Traded Products"). The Horizons Exchange Traded Products are not
guaranteed, their values change frequently and past performance may not be repeated. The prospectus contains important detailed
information about the Horizons Exchange Traded Products. Please read the relevant prospectus before
investing.
SOURCE Horizons ETFs Management (Canada) Inc.
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