Horizons ETFs Management (Canada) Inc. announced Aug. 30 changes to the risk ratings of certain exchanged traded funds. The changes in risk ratings are effective immediately and are as follows:
|
ETF |
Ticker |
Previous Risk |
New Risk |
|
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 |
Horizons ETFs says no changes have been made to the investment objectives or strategies of these ETFs as a result of the changes to the risk ratings.
