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Horizons ETFs Announces Changes to Risk Ratings for Certain ETFs

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Horizons ETFs Announces Changes to Risk Ratings for Certain ETFs

Canada NewsWire

TORONTO, Aug. 30, 2018 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") has announced changes to the risk ratings applicable to certain of its ETFs. The changes in risk ratings are effective immediately and detailed in the table below:

ETF

Ticker

Previous Risk
Rating

New Risk
Rating

Horizons Canadian Midstream Oil & Gas Index ETF

HOG

Medium to High

Medium

Horizons S&P/TSX 60 Equal Weight Index ETF

HEW

Medium to High

Medium

Horizons China High Dividend Yield Index ETF

HCN

High

Medium to High

Horizons Active US Dividend ETF

HAU

Medium to High

Medium

Horizons Active Global Dividend ETF

HAZ

Medium to High

Medium

Horizons Active Intl Developed Markets Equity ETF

HADM

Medium to High

Medium

Horizons Enhanced Income US Equity ETF

HEA.U

Medium

Low to Medium

Horizons Absolute Return Global Currency ETF

HARC

Medium

Low to Medium

Horizons Managed Global Opportunities ETF

HGM

Medium to High

Medium

Horizons Global Risk Parity ETF

HRA

Medium

Low to Medium

BetaPro S&P/TSX 60™ Daily Inverse ETF

HIX

Medium to High

Medium

BetaPro S&P 500® Daily Inverse ETF

HIU

High

Medium

 

No changes have been made to the investment objectives or strategies of these ETFs as a result of the changes to the risk ratings. A summary of the risk rating classification methodology, investment objectives and strategies of an ETF can be found in the ETF'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 83 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.

View original content: http://www.newswire.ca/en/releases/archive/August2018/30/c6117.html

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