‘ Horizons ’

BullMark Latin America ETF to close

Sep 11th, 2017 | By
SSGA to close seven UCITS ETFs

Shares of the BullMark LatAm Select Leaders ETF (BMLA) are to be delisted from the NASDAQ due to the fund’s non-compliance with the minimum shareholder requirement. The ETF is issued by Horizons ETF Trust and tracks an index provided by BullMark Financial Group, an asset manager and advisory firm based in Brazil.



Horizons to close US Risk Managed ETF

Aug 11th, 2017 | By
SSGA to close seven UCITS ETFs

Horizons ETFs Management has announced that the Horizons US Managed Risk ETF (NYSE Arca: USMR) will close effective at the close of business on 8 September 2017.



Horizons slashes fees on DAX Germany ETF

Aug 2nd, 2017 | By
National Bank of Canada goes commission free for all US-listed ETFs

Horizons ETFs has reduced the total expense ratio for the Horizons DAX Germany ETF (Nasdaq: DAX) from 0.45% to 0.20%, enhancing the fund’s affordability for investors wishing to track the German economy. The 25 basis point reduction represents a 55% decrease in the ETF’s cost to investors.



Horizons Nasdaq 100 Covered Call ETF reaches $100m AUM milestone

Jul 26th, 2017 | By
Garrett Paolella, managing director at Horizons US

Horizons ETFs Management US has announced that its flagship fund, the Horizons Nasdaq 100 Covered Call ETF (Nasdaq: QYLD), has surpassed $100 million in AUM. The fund replicates a covered call strategy on the Nasdaq 100 Index. Garrett Paolella, managing director at Horizons US, commented: “QYLD gives investors across the spectrum access to professional options management and this milestone is a testament to the team’s success.”



TSX reaches record 500 ETFs on exchange

Jul 21st, 2017 | By
Toronto Stock Exchange 500 ETFs

Toronto Stock Exchange has announced that it has reached a significant milestone with 500 ETFs listed on its exchange. This number has more than doubled in the past five years, bringing the total market capitalization of listed ETFs to approximately $130 billion as of 30 June 2017.



Horizons’ medical marijuana ETF expands coverage to recreational use

Jun 8th, 2017 | By
Horizons Medical Marijuana ETF

Horizons ETFs (Canada) has announced it is making changes to the investment objective of the Horizons Medical Marijuana Life Sciences ETF to reflect the proposed change in federal law to legalize recreational use of marijuana in Canada.



Horizons ETFs reduces management fee on Candian select universe bond ETF

Jun 7th, 2017 | By
Horizons ETFs reduces management fee on Candian select universe bond ETF

Horizons ETFs has announced it will reduce the management fee on the Horizons Canadian Select Universe Bond ETF (Toronto: HBB) from 0.15% to 0.09% as of 1 July 2017. Steve Hawkins, president and Co-CEO of Horizons ETFs, said: “With a combination of low yields and the always-looming prospect of rising interest rates, it’s essential for Canadian fixed income investors to reduce the cost of their bond exposure to ensure they preserve more of their returns.”



Horizons switches 12 commodity ETFs to Solactive indices

May 4th, 2017 | By
Horizons switches 12 commodity ETFs to Solactive indices

Canada-based Horizons ETFs has introduced new indices for twelve of its commodity-tracking exchange-traded funds. Each fund will henceforth track an index designed and calculated by German index provider Solactive. The ETFs’ names, objectives and fee structures will remain unchanged.



Horizon’s medical marijuana ETF gets the green light

Mar 31st, 2017 | By
Horizons Marijuana ETF Main

Canada-based Horizons ETFs has filed its final prospectus to launch the Horizons Medical Marijuana Life Sciences ETF (HMMJ), which has been granted conditional approval for listing on the Toronto Stock Exchange on 5 April 2017. The fund will be the first ETF to offer direct exposure to North American-listed stocks that are involved with medical marijuana bioengineering and production. The underlying North American Medical Marijuana Index is up a whopping 146.3% over the past year.



Horizons Active Preferred Share ETF reaches $1bn AUM milestone

Feb 6th, 2017 | By
Horizons ETFs reduces management fee on Candian select universe bond ETF

Horizons ETFs (Canada) has announced that AUM for the Horizons Active Preferred Share ETF (Toronto: HPR) has exceeded $1bn, marking the first time an actively managed ETF has reached this milestone in Canada. The ETF seeks to provide dividend income while preserving capital by investing in preferred shares of Canadian companies. Steven Hawkins, President and Co-CEO of Horizons ETFs, commented: “[The milestone] supports our belief that true, discretionary active management used within an ETF structure works, particularly in an asset class with less than optimal market efficiency, like preferred shares.”