ETF Sage
Canadian ETF knowledgebase
The investment objective of Horizons HAJ is to seek long-term returns consisting of regular dividend income and modest long-term capital growth.
Horizons HAJ invests primarily in equity and equity related securities of companies with operations in emerging market economies.
To achieve Horizons HAJ's investment objectives, the ETF's Sub-Advisor selects high quality dividend paying companies from different sectors located, or with a significant presence, in emerging economies, which in its view, demonstrate the potential for growth and consistent dividends.
The portfolio investments are diversified among countries with emerging economies which offer the prospect of higher returns and faster economic growth measured through GDP.
Horizons HAJ may hedge some or all of its non-Canadian dollar currency exposure at the discretion of the Sub-Advisor.
To achieve its investment objective, the Sub-Advisor primarily invests in equity securities listed on North American exchanges including American Deposit Receipts (ADRs) and may also from time to time invest in preferred and fixed-income securities such as government bonds, corporate bonds or treasury bills.
The Sub-Advisor may sell short equity securities it believes will underperform on a relative basis or to otherwise assist the ETF in meeting its investment objectives.
This fund has an active management mandate (), not passive ().
It is actively managed by an investment sub-advisor (Guardian Capital LP).
The fund's benchmark () is:
Fundamentals | |
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Category (main) | Active Emerging Markets Equity Income |
Category (other) | Active Equity |
Underlying Index | No Index |
ETF Structure | Active management. No index |
Asset Class | Equity |
Sub-Asset Class | Fixed Income, preferred, ADRs |
Region | Emerging Markets |
Issuer | Horizons ETFs (Canada) |
ETF Home Page | Available here |
Fund Facts | |
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Inception Date | Oct 10, 2012 |
Total Holdings | Unknown |
Distribution Frequency | Monthly |
Leverage | None |
Significant Currency Exposure | Yes |
Currency Hedging | Yes * |
* Currency hedging may be used - at discretion of sub-advisor
Fees | |
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Management Fee | 0.80% |
Management Expense Ratio (MER) | Unknown |
* MER data not available yet
Trading Information | |
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Ticker | HAJ |
Exchange | TSX (Toronto Stock Exchange) |
Currency | CAD |
Eligibility | |
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Eligibility * | RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
DRIP available ** | Yes |
PACC Plan available ** | Yes |
SWP available ** | Yes |
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: