09:06:26 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Horizons Active Cdn Bond ETF
Symbol HAD
Shares Issued 6,775,252
Close 2021-01-22 C$ 10.85
Market Cap C$ 73,511,484
Recent Sedar Documents

Horizons ETFs receives 7 Fundata A+ awards

2021-01-22 15:35 ET - News Release

See News Release (C-HXEM) Horizons Emerging Markets Equity Index ETF

Mr. Steve Hawkins reports

HORIZONS ETFS RECEIVES 7 FUNDATA FUNDGRADE A+ AWARDS

Several of Horizons ETFs Management (Canada) Inc.'s exchange-traded funds have earned Fundata FundGrade A+ awards for 2020. The seven ETFs, named herein and recognized for their historical performance, are the most Fundata awards that Horizons ETFs has won in a single year:

ETF name                                                                    Category  Category size

Horizons Active Cdn Bond ETF                                   Canadian fixed income            315     
Horizons Active Cdn Dividend ETF                 Canadian dividend and income equity            327     
Horizons S&P/TSX 60 Index ETF                                        Canadian equity            418     
Horizons Nasdaq-100 Index ETF                                            U.S. equity            888     
Horizons Canadian Midstream Oil & Gas Index ETF                        Energy equity             33      
Horizons Active Cdn Municipal Bond ETF              Canadian short-term fixed income            170     
Horizons U.S. 7-10 Year Treasury Bond ETF                        Global fixed income            278     

Created by Fundata Canada Inc., the FundGrade rating system uses risk-adjusted performance figures to rank and grade Canadian investment funds, including ETFs. Based on up to 10 years of performance data, the A+ grade is strictly a quantitative calculation conducted on an annual basis, which results in a grade score ranking, according to the fund classification standards defined by the Canadian Investment Funds Standards Committee (CIFSC).

"After nearly a decade of celebrating Fundata awards for various ETFs, we are honoured to have seven ETFs receive Fundata awards in 2020 -- the most we've ever had," said Steve Hawkins, president and chief executive officer of Horizons ETFs. "With many repeat winners that have now won for multiple years in a row, I believe this is a trend that will continue for years to come."

Horizons Active Cdn Bond and Horizons Active Cdn Municipal Bond, two of the actively managed ETFs recognized with 2020 Fundata awards, are subadvised by Fiera Capital Corp., one of Canada's largest fixed-income managers. Horizons Active Cdn Bond focuses on high-quality Canadian fixed-income securities, while Horizons Active Cdn Municipal focuses on Canadian municipal bonds. While Horizons Active Cdn Bond has now been recognized three years in a row, this is the first year in which Horizons Active Cdn Municipal has received a Fundata award.

"Since 2010, we have partnered with Fiera Capital -- Canada's leading fixed-income investment manager. Today, they subadvise nine of our actively managed fixed-income ETFs," said Mr. Hawkins. "HAD's three-year winning streak is testament to Fiera Capital's expert management and steady hand throughout all market conditions. This year, we are also pleased to welcome HMP into the winner's circle."

Horizons Active Cdn Dividend, a Canadian dividend-focused ETF, is actively managed by Guardian Capital LP. Horizons Active Cdn Dividend is also celebrating three consecutive years of earning a Fundata award within the Canadian dividend and fixed income category.

"HAL is, and continues to be, one of our best-performing dividend-focused ETFs," said Mr. Hawkins. "The Guardian Capital team have been trailblazers in the adoption and development of a machine-learning and artificial-intelligence-assisted portfolio-selection process, which they've used to consistently identify emerging dividend-investment opportunities, while applying their foresight to divest from others ahead of dividend cuts."

Horizons S&P and Horizons Nasdaq-100 also earned Fundata awards for their respective achievements in the Canadian and United States equity categories. Both ETFs are a part of Horizons ETFs' corporate-class ETF family, a structure that can help provide minimal tracking error and tax efficiency for taxable accounts. Horizons S&P has been recognized with a Fundata award for three consecutive years now, while Horizons Nasdaq-100 has now been recognized for two years in a row.

"For another consecutive year, we are proud to see HXT and HXQ's respective recognitions in the Canadian equity and U.S. equity categories, highlighting our ability to offer best-in-class exposure to two of North America's biggest indices," said Mr. Hawkins. "There are other reasons to celebrate: HXT continues to be among Canada's lowest-cost ETFs and, in 2020, we also lowered the total cost on HXQ further, putting it among Canada's lowest-cost exposure to the Nasdaq-100. We are constantly looking for more opportunities to offer additional value to our investors."

Despite challenging market conditions resulting from the COVID-19 pandemic that have impacted energy and fixed-income markets, Horizons ETFs' Horizons Pipelines as well as Horizons U.S. 7-10 Year secured 2020 Fundata awards in the energy equity category and the global fixed income category, respectively. While Horizons Pipelines won in 2019 as well, this is the first year that Horizons U.S. 7-10 Year has been recognized for a Fundata award.

"Two thousand twenty was a volatile year for many sectors, particularly the oil and gas industry, which contended with the first instance of negatively priced oil in history. Fixed income also saw its value diminish against an increasingly strong equity bull market and historically low interest rates," said Mr. Hawkins. "In the face of adversity, HOG and HTB still delivered value to investors during 2020 and are well-deserving of their Fundata awards recognition."

Performance for Horizons Active Cdn Bond for the period ending Dec. 31, 2020, is as follows: 9.9 per cent (one year), 6.14 per cent (three years), 4.45 per cent (five years) and 3.85 per cent (since inception on Oct. 10, 2012). Horizons Active Cdn Bond was awarded its FundGrade A+ award for the one-year period ending Dec. 31, 2020. In its award category -- Canadian fixed income -- Horizons Active Cdn Bond was in competition with 315 other investment funds.

Performance for Horizons Active Cdn Dividend for the period ending Dec. 31, 2020, is as follows: minus 3.13 per cent (one year), 5.12 per cent (three years), 8.43 per cent (five years) and 8.15 per cent (since inception on Feb. 9, 2010). Horizons Active Cdn Dividend was awarded its FundGrade A+ award for the one-year period ending Dec. 31, 2020. In its award category -- Canadian dividend and income equity -- Horizons Active Cdn Dividend was in competition with 327 other investment funds.

Performance for Horizons S&P for the period ending Dec. 31, 2020, is as follows: 5.52 per cent (one year), 5.92 per cent (three years), 9.61 per cent (five years) and 6.9 per cent (since inception on Sept. 14, 2010). Horizons S&P was awarded its FundGrade A+ award for the one-year period ending Dec. 31, 2020. In its award category -- Canadian equity -- Horizons S&P was in competition with 418 other investment funds.

Performance for Horizons Nasdaq-100 for the period ending Dec. 31, 2020, is as follows: 45.35 per cent (one year), 27.4 per cent (three years) and 26.43 per cent (since inception on April 19, 2016). Horizons Nasdaq-100 was awarded its FundGrade A+ award for the one-year period ending Dec. 31, 2020. In its award category -- U.S. equity -- Horizons Nasdaq-100 was in competition with 888 other investment funds.

Performance for Horizons Pipelines for the period ending Dec. 31, 2020 is as follows: minus 17.96 per cent (one year), minus 4.57 per cent (three years), 3.4 per cent (five years) and minus 1.48 per cent (since inception on July 14, 2014). Horizons Pipelines was awarded its FundGrade A+ award for the one-year period ending Dec. 31, 2020. In its award category -- energy equity -- Horizons Pipelines was in competition with 33 other investment funds.

Performance for Horizons Active Cdn Municipal for the period ending Dec. 31, 2020, is as follows: 5.56 per cent (one year), 3.62 per cent (three years), 2.57 per cent (five years) and 2.47 per cent (since inception on Aug. 12, 2015). Horizons Active Cdn Municipal was awarded its FundGrade A+ award for the one-year period ending Dec. 31, 2020. In its award category -- Canadian short-term fixed income -- Horizons Active Cdn Municipal was in competition with 170 other investment funds.

Performance for Horizons U.S. 7-10 Year for the period ending Dec. 31, 2020, is as follows: 7.55 per cent (one year), 6.59 per cent (three years), 2.58 per cent (five years) and 3.38 per cent (since inception on April 7, 2015). Horizons U.S. 7-10 Year was awarded its FundGrade A+ award for the one-year period ending Dec. 31, 2020. In its award category -- global fixed income -- Horizons U.S. 7-10 Year was in competition with 278 other investment funds.

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