TORONTO, Sept. 26, 2018 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons ETFs") has completed the quarterly rebalance of the constituent
holdings of the Horizons Marijuana Life Sciences Index
ETF ("HMMJ:TSX") and the Horizons Emerging
Marijuana Growers Index ETF ("HMJR:NEO").
HMMJ is the world's first and largest ETF offering direct exposure to North American publicly listed life sciences companies
with significant business activities in the Marijuana industry. As at September 5, 2018, HMMJ had
reached over CAD $1 billion in assets under management – a rare achievement for the Canadian ETF
marketplace.
As capital markets activity for cannabis companies in Canada increases, HMMJ continues to add
more companies to its portfolio as more firms have become eligible for inclusion in the North American Marijuana Index: HMMJ's
underlying index.
The HMMJ portfolio recently expanded to include the following additional constituents:
Name
|
Ticker
|
Exchange
|
Aleafia Health Inc.
|
ALEF
|
TSX Venture Exchange
|
Choom Holdings Inc.
|
CHOO
|
Canadian Securities Exchange
|
Eve & Co Inc.
|
EVE
|
TSX Venture Exchange
|
GTEC Holdings Ltd.
|
GTEC
|
TSX Venture Exchange
|
FSD Pharma Inc.
|
HUGE
|
Canadian Securities Exchange
|
James E. Wagner Cultivation Corp.
|
JWCA
|
TSX Venture Exchange
|
Namaste Technologies Inc.
|
N CN
|
TSX Venture Exchange
|
INDIVA Ltd.
|
NDVA
|
TSX Venture Exchange
|
Tilray Inc.
|
TLRY
|
NASDAQ Global Market
|
HMMJ is an index (or passively managed) ETF, which seeks to replicate, to the extent possible, the performance of the North
American Marijuana Index, net of expenses. This index is designed to provide exposure to the performance of a basket of North
American publicly listed life sciences companies with significant business activities in the Marijuana industry. The index
selects from a current universe of companies that have operations that may include one or more of biopharmaceuticals, medical
manufacturing, distribution, bio-products and other ancillary businesses related to the Marijuana industry.
"HMMJ's growth and its recent achievement of $1 billion in assets highlight the ongoing
growth in the size and number companies within the North American Marijuana Index," said Steve
Hawkins, President and CEO of Horizons ETFs. "HMMJ's rebalance comes at a time when there is a significant focus on the
sector, given that recreational marijuana will become legal in Canada on October 17, 2018. With recreational sales starting soon, investors will get a better idea of what companies are
poised to become leaders in the recreational cannabis space and are able to generate real sales."
Rebalancing of the North American Marijuana Index, and consequently HMMJ, occurs each calendar quarter. At that point, all
stocks eligible for inclusion in the index are weighted by their respective market capitalization. However, no single stock can
exceed 10% of the weight of the index at the rebalance date. The holdings of HMMJ and its current portfolio weights are regularly
updated on our website at www.HorizonsETFs.com/HMMJ.
HMJR Rebalance
Horizons ETFs also completed the rebalance of the portfolio of HMJR. HMJR seeks to replicate, to the extent possible, the
performance of the Emerging Marijuana Growers Index, net of expenses. This index is designed to provide exposure to the
performance of a basket of primarily North American publicly listed small-capitalization companies primarily involved in the
cultivation, production and/or distribution of Marijuana.
HMJR has four key differences compared to HMMJ. HMJR only invests in smaller market-capitalization companies, its portfolio is
100% invested in Marijuana producers and distributors, and it can have exposure to companies listed outside of North America. In addition, HMJR's primary listing is on the NEO Exchange.
The HMJR portfolio recently expanded to include the following additional constituents:
Name
|
Ticker
|
Exchange
|
Aleafia Health Inc.
|
ALEF
|
TSX Venture Exchange
|
Ascent Industries Corp.
|
ASNT
|
Canadian Securities Exchange
|
Choom Holdings Inc.
|
CHOO
|
Canadian Securities Exchange
|
Chemesis International Inc.
|
CSI
|
Canadian Securities Exchange
|
James E. Wagner Cultivation
|
JWCA
|
TSX Venture Exchange
|
Khiron Life Sciences Corp.
|
KHRN
|
TSX Venture Exchange
|
Maple Leaf Green World Inc.
|
MGW
|
Aequitas NEO Exchange
|
48North Cannabis Corp.
|
NRTH
|
TSX Venture Exchange
|
Planet 13 Holdings Inc.
|
PLTH
|
Canadian Securities Exchange
|
Sunniva Inc.
|
SNN
|
Canadian Securities Exchange
|
Sproutly Canada Inc.
|
SPR
|
Canadian Securities Exchange
|
Wildflower Brands Inc.
|
SUN
|
Canadian Securities Exchange
|
HMJR also had to eliminate some holdings from its initial portfolio due to the fact they no longer qualify for index
inclusion. They are:
Name
|
Ticker
|
Exchange
|
Heritage Cannabis Holdings Corp.
|
CANN
|
Canadian Securities Exchange
|
Creso Pharma Ltd.
|
CPH
|
Australian Stock Exchange
|
The Hydroponics Company Ltd.
|
THC
|
Australian Stock Exchange
|
"HMJR offers investors a way to gain exposure to a basket of primarily North American companies within the marijuana sector
that have smaller market capitalizations; providing access to emerging players within the space," said Mr. Hawkins. "As
they grow, these budding marijuana companies have the opportunity to graduate into HMMJ's index, allowing investors to
participate in the full growth cycle of these businesses through our two marijuana based ETFs."
The holdings of HMJR and its current portfolio weights are regularly updated on our website at www.HorizonsETFs.com/HMJR.
It is important to note that both HMMJ and HMJR may not hold all of the constituent names in their respective indices. The
manager of the ETFs, through the use of a stratified sampling strategy, may invest in securities that closely match the
investment characteristics of the ETFs' respective indices, provided they are consistent with the ETFs' investment objectives and
strategies.
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 $11 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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