The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $8.84 (as at September 18, 2017)  1-day chg: $-.1975 -2.19%  YTD: 22.79%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month 7.48% -0.24% 0.67%
3 Months 5.40% -2.03% -0.15%
6 Months 6.84% -3.44% 0.28%
1 Year -5.81% -9.04% 7.23%
2 Year Avg 8.01% 18.50% 7.96%
3 Year Avg -5.46% 7.72% 2.10%
4 Year Avg -9.25% 8.29% 7.85%
5 Year Avg -15.64% 5.91% 8.13%
10 Year Avg - -10.40% 4.10%
15 Year Avg - - 8.54%
20 Year Avg - - 6.74%
Since Inception -1.08% - -
 
2016 8.44% -9.42% 21.08%
2015 -24.78% 95.13% -8.32%
2014 -8.10% 40.71% 10.55%
 
3 year risk 31.22 71.45 7.65
3 year beta 0.33 -0.30 1.00

*S&P/TSX Total Return

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the S&P/TSX Total Return.

Risk Measures as at August 31, 2017

Best/Worst 12 months (since inception)
Best (ending Aug 11): 101.43 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Dec 13): -53.10 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 31 High

Fund Objectives

The Fund seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the COMEX gold futures contract for a subsequent delivery month. The Fund is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment will be hedged back to the Canadian dollar to the best of its ability.

Fund Facts

Fund Sponsor: Horizons Exchange Traded Funds Inc.
Managed by: Horizons Exchange Traded Funds Inc.
Fund Type: MF Trust
Inception Date: January 2008
Asset Class: Passive Inverse/Leveraged
Quartile Rank: 3 (3YR ending August 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 1.51%
Management Fee: 1.15%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$20
Subsequent:
$20
Min. Invest (initial RRSP):
-
Subsequent RRSP:
-
Closed:
No
Restricted:
Yes
Restriction:
Not Available in YK,NWT,NUV
 
 

Asset Allocation August 31, 2017

Equity Sector Weightings August 31, 2017

Fund Geography August 31, 2017

Top Holdings as at August 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at September 18, 2017
1 Year Performance (%)
  Canada 0.000% 21-Sep-2017 Bond 48.79   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.00%, NOV/02/17 Bond 4.81   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

ProShare Advisors LLC - Mgmt. Team

ProShare Advisors LLC

Start Date: January, 2008

Fund Return: -1.08%

ProShares is part of the $28 billion ProFunds Group, the leader in short and leveraged ETFs and mutual funds, managing approximately 85% of the nation's short and leveraged fund assets. ProFunds Group also includes the family of more than 100 ProFunds mutual funds and manages the Canada-based Horizons BetaPro ETFs. ProFunds Group describes the portfolio managers common to ProFund Advisors LLC, advisor to ProFunds mutual funds; and ProShare Advisors LLC, advisor to ProShares ETFs.

Also manages:BP Cdn Gold Miners 2x Dly Bull ETF, BetaPro Crude Oil 2x Daily Bull ETF, BetaPro NASDAQ-100 2x Dly Bull ETF, BetaPro S&P 500 2x Daily Bull ETF, BetaPro S&P 500 Daily Inverse ETF, BetaPro S&P/TSX 60 2x Dly Bull ETF

View fund manager performance report

Horizons BetaPro Funds - Mgmt. Team

Horizons Exchange Traded Funds Inc.

Start Date: January, 2008

Fund Return: -1.08%

BetaPro Management Inc. (�BetaPro�) is an innovative financial services company and Canada�s sole provider of leveraged and inverse leveraged ETFs. HBP ETFs allow investors to profit or protect in bull and bear markets. The company currently manages over $1.75 billion through 28 ETFs. BetaPro is an associate of Jovian Capital Corporation, a publicly traded management and holding company with interests in a variety of financial service firms specializing in wealth and asset management; listed on the TSX (JOV). The Jovian group of companies operates as a national financial services organization with approximately $14.6 billion of client assets.

Also manages:BP Cdn Gold Miners 2x Dly Bull ETF, BetaPro Crude Oil 2x Daily Bull ETF, BetaPro NASDAQ-100 2x Dly Bull ETF, BetaPro S&P 500 2x Daily Bull ETF, BetaPro S&P 500 Daily Inverse ETF, BetaPro S&P/TSX 60 2x Dly Bull ETF

View fund manager performance report