Horizons announces changes to the Morningstar Hedge Fund Index ETF

The ETF’s reference fund will now be will now be managed in-house by Horizons ETFs


Toronto-based Horizons ETFs Management (Canada) Inc. and its affiliate, AlphaPro Management Inc., have assumed all portfolio management responsibilities for the reference fund of a Horizons exchange-traded fund (ETF).

The HAP Nexus Hedge Fund Replication Trust, the reference fund for Horizons Morningstar Hedge Fund Index ETF, will now be managed in-house by Horizons ETFs, according to an announcement by the firm on Friday.

The investment objective of Horizons Morningstar Hedge Fund Index ETF is unaffected and the product will continue to seek investment results that replicate the performance of the Morningstar broad hedge fund index hedged to the Canadian dollar.

Horizons ETFs also notes that Morningstar Hedge Fund Index ETF continues to follow the index replication strategy licensed from Montreal-based National Bank of Canada. The replication strategy primarily uses liquid futures contracts on several different asset classes, including equity indices, currencies, fixed income securities and commodities. The ETF does not invest, directly or indirectly, in the constituent hedge funds comprising the Morningstar broad hedge fund index.


Volume 8 Issue 1

Buy Nutrisystem Everyday 5 Day cheap walmart nutrisystem meals nutrisystem coupons mart online nutrisystem reviews at costco order 5 day nutrisystem online diet nutrisystem one day meal kit best place to buy nutrisystem buy Nutrisystem 80 nutrisystem turbo 10/a> buy cheapest nutrisystem at walgreens best 3 week diet for men online reviews nutrisystem club nutrisystem food weight loss diet food how to get weight loss fast buy original forskolin Garcinia online buy natural forskolin where i can buy forskolin cheap the forskolin natural diet with nutrisystem nutrisystem diet club best diet plans order diet pills online usa 3 week diet plan nutrisystem shakes Official Nutrisystem site Cambogia Garcinia Safe Online Garcinia Cambogia Safe best extract diet pills How i can Garcinia know Get Garcinia diet 24 hour 28 day nutrisystem plan order meals plan of nutrisystem weekly nutrisystem cost nutrisystem pricelist online cheap cheapest buy nutrisystem on line best auto insurance quotes car insurance companies online Penis Enlargement best review