HGM:CA:TSX-Horizons Managed Global Opportunities ETF

ETF | Tactical Balanced | Toronto Stock Exchange

Last Closing

CAD 10.75

Change

+0.01 (+0.09)%

Market Cap

CAD 0.01B

Volume

4.00K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment objectives of Horizons HGM are to use flexible tactical asset allocation among multiple global asset classes to seek long term growth, while also seeking to protect against downside risk. Horizons HGM will invest primarily in exchange traded products that are listed on North American stock exchanges and may be exposed to equity securities, fixed-income securities or currencies around the world, or to gold.

Inception Date: 25/08/2015

Primary Benchmark: S&P Global 1200 CAD

Primary Index: Morningstar CAN Bal Glbl 60/40 CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.40 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-06-17 )

Largest Industry Peers for Tactical Balanced

ETFs Containing HGM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Tactical Balanced) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.91% 50% F 55% F
Dividend Return N/A N/A N/A N/A F
Total Return 5.91% 50% F 51% F
Trailing 12 Months  
Capital Gain -4.36% 50% F 49% F
Dividend Return 1.48% 100% F 12% F
Total Return -2.88% 50% F 45% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A F
Dividend Return N/A N/A N/A N/A F
Total Return N/A N/A N/A N/A F
Average Annual (5 Year Horizon)  
Capital Gain 1.58% 50% F 59% D-
Dividend Return 3.52% 50% F 52% F
Total Return 1.96% 100% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 6.07% 50% F 75% C
Risk Adjusted Return 57.93% 50% F 71% C-
Market Capitalization 0.01B 67% D+ 28% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.