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Cdn Corp Fixed Income
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2017, 2016, 2015, 2014, 2013
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|
Close (04-30-2024) |
$9.71 |
|---|---|
| Change |
$0.01
(0.10%)
|
| Open | $9.70 |
|---|---|
| Day Range | $9.69 - $9.71 |
| Volume | 2,402 |
As at March 31, 2024
As at March 31, 2024
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Inception Return (July 14, 2010): 3.39%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.55% | 0.16% | 7.84% | 0.16% | 5.49% | 2.16% | -0.08% | 1.82% | 1.57% | 2.04% | 2.00% | 2.35% | 2.08% | 2.59% |
| Benchmark | 0.60% | 0.15% | 7.80% | 0.15% | 5.72% | 2.15% | 0.01% | 1.81% | 1.63% | 2.14% | 2.11% | 2.35% | 2.15% | 2.74% |
| Category Average | 0.57% | 7.54% | 7.54% | 0.14% | 4.99% | 1.50% | -0.75% | 1.55% | 1.09% | 1.47% | - | - | - | - |
| Category Rank | 69 / 97 | 60 / 97 | 37 / 97 | 60 / 97 | 39 / 97 | 38 / 87 | 30 / 82 | 36 / 77 | 35 / 74 | 30 / 71 | 25 / 66 | 26 / 62 | 20 / 54 | 19 / 54 |
| Quartile Ranking | 3 | 3 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.27% | -1.36% | 0.21% | -0.34% | -0.13% | -1.81% | 0.31% | 3.84% | 3.36% | -0.59% | 0.21% | 0.55% |
| Benchmark | 1.34% | -1.31% | 0.19% | -0.36% | -0.02% | -1.75% | 0.45% | 3.64% | 3.39% | -0.70% | 0.25% | 0.60% |
4.64% (April 2020)
-5.90% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.12% | 2.05% | 3.84% | 3.54% | 0.67% | 7.83% | 8.21% | -1.33% | -9.97% | 8.30% |
| Benchmark | 7.44% | 2.74% | 3.59% | 3.48% | 0.96% | 8.01% | 8.57% | -1.32% | -10.12% | 8.32% |
| Category Average | - | - | - | - | - | 7.34% | 7.62% | -1.82% | -10.25% | 7.57% |
| Quartile Ranking | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Category Rank | 14/ 54 | 16/ 54 | 27/ 59 | 14/ 65 | 22/ 67 | 36/ 73 | 31/ 74 | 32/ 80 | 35/ 86 | 31/ 93 |
8.30% (2023)
-9.97% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 91.77 |
| Cash and Equivalents | 3.60 |
| Canadian Government Bonds | 3.54 |
| Canadian Bonds - Other | 0.94 |
| Mortgages | 0.15 |
| Name | Percent |
|---|---|
| Fixed Income | 96.40 |
| Cash and Cash Equivalent | 3.60 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Royal Bank of Canada 4.64% 17-Jan-2028 | 2.51 |
| Bank of Montreal 4.71% 07-Nov-2027 | 2.03 |
| Bank of Nova Scotia 5.50% 08-May-2026 | 1.60 |
| Toronto-Dominion Bank 2.26% 07-Jan-2027 | 1.43 |
| Toronto-Dominion Bank 4.21% 25-Mar-2024 | 1.33 |
| Toronto-Dominion Bank 4.68% 08-Jan-2029 | 1.26 |
| Bank of Montreal 4.31% 01-May-2027 | 1.22 |
| National Bank of Canada 5.22% 14-Jun-2028 | 1.20 |
| CU Inc 4.54% 24-Oct-2041 | 1.19 |
| SEC LP 5.19% 29-Aug-2033 | 1.03 |
Horizons Active Corporate Bond ETF - Class E Units
Median
Other - Cdn Corp Fixed Income
| Standard Deviation | 6.00% | 6.25% | 4.87% |
|---|---|---|---|
| Beta | 1.03% | 0.99% | 0.97% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.98% | 0.98% | 0.98% |
| Sharpe | -0.42% | -0.03% | 0.27% |
| Sortino | -0.67% | -0.27% | -0.09% |
| Treynor | -0.02% | 0.00% | 0.01% |
| Tax Efficiency | - | 14.81% | 49.10% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.84% | 6.00% | 6.25% | 4.87% |
| Beta | 1.02% | 1.03% | 0.99% | 0.97% |
| Alpha | 0.00% | 0.00% | 0.00% | 0.00% |
| Rsquared | 1.00% | 0.98% | 0.98% | 0.98% |
| Sharpe | 0.13% | -0.42% | -0.03% | 0.27% |
| Sortino | 0.88% | -0.67% | -0.27% | -0.09% |
| Treynor | 0.01% | -0.02% | 0.00% | 0.01% |
| Tax Efficiency | 70.91% | - | 14.81% | 49.10% |
| Start Date | July 14, 2010 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | - |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| 52 Week High | $10.00 |
| 52 Week Low | $9.16 |
| Annual Dividend | $0.38 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
The investment objective of The ETF is to seek long-term moderate capital growth and generate high income. The ETF invests primarily in a portfolio of debt securities of Canadian and U.S. companies, directly, or through investments in securities of other investment funds. The ETF, to the best of its ability, seeks to hedge its non-Canadian dollar currency exposure to the Canadian dollar at all times.
To achieve the ETF’s investment objectives, the Sub-Advisor uses fundamental credit research to select companies that, based on the Sub-Advisor’s view on the company’s industry and growth prospects, are believed to offer superior risk adjusted returns relative to passively managed corporate bond indexes. The Sub-Advisor seeks diversification by industry sector and geographic region.
| Name | Start Date |
|---|---|
| Fiera Capital Corporation | 07-14-2010 |
| Horizons ETFs Management (Canada) Inc. | 01-24-2012 |
| Fund Manager | Horizons ETFs Management (Canada) Inc. |
|---|---|
| Advisor | Horizons ETFs Management (Canada) Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | TSX Trust Company |
| Distributor | - |
| Auditor | KPMG LLP |
| MER | 0.60% |
|---|---|
| Management Fee | 0.50% |
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