Horizons ETFs Announces Changes to Risk Ratings for Certain ETFs

TORONTO, Aug. 30, 2018 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") has announced changes to the risk ratings applicable to certain of its ETFs. The changes in risk ratings are effective immediately and detailed in the table below:

ETF	Ticker	Previous Risk Rating	New Risk Rating
Horizons Canadian Midstream Oil & Gas Index ETF	HOG	Medium to High	Medium
Horizons S&P/TSX 60 Equal Weight Index ETF	HEW	Medium to High	Medium
Horizons China High Dividend Yield Index ETF	HCN	High	Medium to High
Horizons Active US Dividend ETF	HAU	Medium to High	Medium
Horizons Active Global Dividend ETF	HAZ	Medium to High	Medium
Horizons Active Intl Developed Markets Equity ETF	HADM	Medium to High	Medium
Horizons Enhanced Income US Equity ETF	HEA.U	Medium	Low to Medium
Horizons Absolute Return Global Currency ETF	HARC	Medium	Low to Medium
Horizons Managed Global Opportunities ETF	HGM	Medium to High	Medium
Horizons Global Risk Parity ETF	HRA	Medium	Low to Medium
BetaPro S&P/TSX 60™ Daily Inverse ETF	HIX	Medium to High	Medium
BetaPro S&P 500® Daily Inverse ETF	HIU	High	Medium

 

No changes have been made to the investment objectives or strategies of these ETFs as a result of the changes to the risk ratings. A summary of the risk rating classification methodology, investment objectives and strategies of an ETF can be found in the ETF's most recently filed prospectus.

About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)

Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $10 billion of assets under management and 83 ETFs listed on major Canadian stock exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.

Horizons ETFs is a Member of Mirae Asset Global Investments. Commissions, management fees and expenses all may be associated with an investment in exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the "Horizons Exchange Traded Products"). The Horizons Exchange Traded Products are not guaranteed, their values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the Horizons Exchange Traded Products. Please read the relevant prospectus before investing.

SOURCE Horizons ETFs Management (Canada) Inc.

Copyright 2018 Canada NewsWire