Canada NewsWire
TORONTO, April 12, 2019
TORONTO, April 12, 2019 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons ETFs") has announced a change to the risk rating of the
Horizons Inovestor Canadian Equity Index ETF ("INOC"), from "Medium" to "Low
to Medium". The change in risk rating is effective immediately.
The investment risk level of an ETF is determined in accordance with a standardized risk classification methodology, set out
in National Instrument 81-102 Investment Funds, that is based on the historical volatility of the ETF, as measured by the
10-year standard deviation of the returns of the ETF. If an ETF has less than 10 years of performance history, the investment
risk level of the ETF is calculated using the return history of the ETF, and, for the remainder of the 10-year period, the return
history of a reference index that is expected to reasonably approximate the standard deviation of the ETF.
No changes have been made to the investment objectives or strategies of INOC as a result of the changes to the risk ratings. A
summary of the risk rating classification methodology, and the investment objectives and strategies of INOC, can be found in
INOC'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 86 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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