HHF:CA:TSX-Horizons Morningstar Hedge Fund Index ETF

ETF | Alternative Strategies | Toronto Stock Exchange

Last Closing

CAD 13.91

Change

+0.06 (+0.43)%

Market Cap

CAD 0.04B

Volume

400.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Horizons Morningstar Hedge Fund Index ETF (?Horizons HHF?) seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that replicate the performance of the Morningstar Broad Hedge Fund IndexSM (the ?Hedge Fund Index?), hedged to the Canadian Dollar. Horizons HHF will use an index replication strategy that provides exposure to futures contracts, exchange traded funds, money market instruments and cash. Horizons HHF does not invest, directly or indirectly, in the constituent hedge funds comprising the Hedge Fund Index.

Inception Date: 26/04/2012

Primary Benchmark: ---

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.22 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
HSAV:CA Horizons Cash Maximizer ETF 78.68 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-03-21 )

Largest Industry Peers for Alternative Strategies

ETFs Containing HHF:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Alternative Strategies) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.43% 80% B- 51% F
Dividend Return N/A N/A N/A N/A F
Total Return 6.43% 80% B- 49% F
Trailing 12 Months  
Capital Gain -4.20% 40% F 47% F
Dividend Return N/A N/A N/A N/A F
Total Return -4.20% 40% F 41% F
Trailing 5 Years  
Capital Gain 18.69% 75% C 71% C-
Dividend Return N/A N/A N/A N/A F
Total Return 18.69% 75% C 57% F
Average Annual (5 Year Horizon)  
Capital Gain 3.13% 60% D- 65% D
Dividend Return 3.13% 50% F 47% F
Total Return N/A N/A N/A N/A F
Risk Return Profile  
Volatility (Standard Deviation) 4.90% 70% C- 80% B-
Risk Adjusted Return 64.00% 70% C- 74% C
Market Capitalization 0.04B 83% B 27% 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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
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.