(As of 12/31/2021)

Horizons Active U-Sh T US Inv Gra Bon ETF C$ (HUF)

(Global Corporate Fixed Income)






FundGrade A+® Rating recipient
For more information about
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Inception Return
(9/27/2013)
4.59 %
YTD Return 0.15 %
NAVPS
(1/25/2022)
$12.71
Change $0.00 / -0.03 %
Growth of $10,000 (As of December 31, 2021)
MER 0.47 %
Assets ($mil) -
Rank (1Yr) 31/74
Std Dev (3Yr) 5.28 %
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The investment objective of Horizons HUF.U is to generate income that is consistent with prevailing U.S. short-term corporate bond yields while stabilizing the market value of the ETF from the effects of U.S. interest rate fluctuations. The ETF invests primarily in a portfolio of U.S. corporate debt securities and will hedge the portfolio's U.S. interest rate risk to generally maintain a portfolio duration of less than two years.
Fund Manager

Horizons ETFs Management (Canada) Inc.

Portfolio Manager

Horizons ETFs Management (Canada) Inc.

Sub-Advisor

Fiera Capital Corporation

 
Asset Allocation
(As of December 31, 2021)
Sector Allocation
(As of December 31, 2021)
Geographic Allocation
(As of December 31, 2021)
Top 10 Holdings
NameAssetSectorGeographicPercent
Bank of America Corp 3.55% 05-Mar-2023Foreign BondsFixed IncomeUnited States6.69%
Wells Fargo & Co 2.19% 30-Apr-2025Foreign BondsFixed IncomeUnited States6.10%
Manulife Financial Corp 4.06% 24-Feb-2027Foreign BondsFixed IncomeUnited States6.01%
Bank of Montreal 4.34% 05-Oct-2023Foreign BondsFixed IncomeUnited States4.88%
Goldman Sachs Group Inc 2.91% 24-Jul-2022Cash and EquivalentsCash and Cash EquivalentUnited States4.70%
Morgan Stanley 3.13% 23-Jan-2023Foreign BondsFixed IncomeUnited States4.29%
JPMorgan Chase & Co 2.78% 25-Apr-2022Cash and EquivalentsCash and Cash EquivalentUnited States4.18%
Citigroup Inc 4.04% 01-Jun-2023Foreign BondsFixed IncomeUnited States3.84%
General Motors Financl Co Inc 4.15% 19-May-2023Foreign BondsFixed IncomeUnited States2.87%
Kinder Morgan Energy Prtnrs LP 4.25% 01-Jun-2024Foreign BondsFixed IncomeUnited States2.48%

Performance Data (As of December 31, 2021)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -0.78 -0.11 2.12 0.15 0.15 0.50 1.30 -   
Benchmark -1.30 -1.46 0.73 -3.78 -3.78 3.34 3.46 6.03
Quartile Ranking 4 3 1 2 2 4 4 -

Calendar Return (%) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund 0.15 0.42 0.94 9.18 -3.75 -0.54 19.37 10.37 -      -     
Benchmark -3.78 8.39 5.81 5.22 2.08 0.66 15.41 12.44 6.83 8.60
Quartile Ranking 2 4 4 1 4 4 1 1 - -

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