Horizons Active Global Dividend ETF - HAZ

ETF Overview

The investment objective of the fund is to seek long-term returns consisting of regular dividend income and modest long-term capital growth.

The ETF invests primarily in equity and equity-related securities of companies with operations located anywhere in the world.

To achieve its investment objectives, the Sub-Advisor selects high-quality, dividend paying companies around the globe that demonstrate a consistent pattern of growing dividends.

The ETF's portfolio investments are diversified among different companies and industry sectors.

The ETF may hedge some or all of its non-Canadian dollar currency exposure at the discretion of the Sub-Advisor.

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.

Active Management

This fund has an active management mandate ( A minority of ETFs have an active investment management mandate or a degree of active investment management. Full active management involves an investment manager actively managing the fund - deciding which securities to buy/sell, and when etc. However, many 'active' ETFs employ only partial active investment management, not full. ), not passive ( Most ETFs are passively managed - they have no active investment management. Passive ETFs simply try to replicate the returns of an index as closely as possible, such as the S&P/TSX 60 Index. ).

The fund's benchmark ( Most actively managed funds have a benchmark. The fund manager typically aims to exceed the performance of that benchmark. ) is:

MSCI World Index (in CAD)

Key ETF Data

Fundamentals
Category (main)	Active Global Equity Income
Category (other)	Active Global Equity
Underlying Index	No Index
ETF Structure	Active management. No index
Asset Class	Equity
Sub-Asset Class	Fixed Income, preferred, ADRs
Region	Global
Issuer	Horizons ETFs (Canada)
ETF Home Page	Available here

Fund Facts
Inception Date	July 21, 2010
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
Management Fee	0.80%
Management Expense Ratio (MER)	2.35% *

* 2011 MER, 2012 MER (3.30%)

Trading Information
Ticker	HAZ
Exchange	TSX (Toronto Stock Exchange)
Currency	CAD

Eligibility
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.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: