TORONTO, Sept. 28, 2018 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons
ETFs") has announced that the risk ratings previously disclosed
in the ETF Facts dated August 21,
2018 for the ETFs listed below were incorrect, and that such
risk ratings are updated immediately as follows:
|
ETF
|
Ticker
|
Incorrect Risk
Rating Disclosed in
ETF Facts dated
August 21, 2018
|
Correct Risk
Rating
|
|
Horizons S&P/TSX
60™ Index ETF
|
HXT
|
high
|
medium
|
|
Horizons S&P 500®
Index ETF
|
HXS
|
high
|
medium
|
|
Horizons S&P/TSX
Capped Financials Index ETF
|
HXF
|
high
|
medium
|
|
Horizons US 7-10 Year
Treasury Bond ETF
|
HTB
|
low to
medium
|
medium
|
|
Horizons NASDAQ-100®
Index ETF
|
HXQ
|
high
|
medium
|
|
Horizons EURO STOXX
50® Index ETF
|
HXX
|
high
|
medium to
high
|
|
Horizons S&P 500
CAD Hedged Index ETF
|
HSH
|
high
|
medium
|
|
Horizons Intl
Developed Markets Equity Index ETF
|
HXDM
|
medium to
high
|
medium
|
No changes have been made to the investment objectives or
strategies of these ETFs. 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.
Revised ETF Facts will be filed on SEDAR as soon as possible in
order to reflect the corrected risk rating of each ETF.
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.