Horizons Active Cdn Dividend ETF - Class E Units
1 Yr Return
52 Week Low
52 Week High
Registered Plan Eligible
Canadian Div & Inc Equity
Exchange Traded Fund
February 09, 2010
The investment objective of the HAP Dividend ETF is to seek long-term total returns consisting of regular dividend income and modest long-term capital growth. The HAP Dividend ETF invests primarily in equity securities of major North American companies with above average dividend yields. The HAP Dividend ETF will seek to hedge its U.S. currency exposure at all times.
To achieve the HAP Dividend ETF's investment objective, the portfolio sub-advisor may also invest in preferred and fixed income securities such as government bonds, corporate bonds or treasury bills. The HAP Dividend ETF will hold up to 10% of its portfolio in these preferred and fixed income securities. It is expected that the income earned on the HAP Dividend ETF's preferred and fixed-income securities will be used to pay some or all of the ETF's expenses.
Asset Class High
Asset Class Medium
Asset Class Low
Covered Call Strategy
JOV Investment Management Team
Horizons ETFs Management (Canada) Inc.
RBC Investor Services Trust (Canada)
Computershare Investor Services Inc