Horizons ETFs launches Biggest Winner 6 Trading Competition

Horizons ETFs and National Bank Direct Brokerage (NBDB) have launched the sixth edition of the Biggest Winner Trading Competition, a free-to-enter simulated exchange traded fund (ETF) investment contest that provides Canadian investors with the opportunity to learn about trading in a risk-free environment while competing for cash prizes.

Eligible registrants open a simulated brokerage account that begins with a balance of CAD100,000 notional Canadian dollars (no actual money will be traded). Registrants can then use these fantasy funds to trade any combination of ETFs listed on the Toronto Stock Exchange (TSX).

"There is almost CAD100 billion invested in Canadian-listed ETFs. In fact, self-directed Canadian investors have more money in ETFs than Canadian mutual funds. ETFs are by no means a fad, and we fully expect them to become the vehicle of choice for the majority of Canadian investors in the not too distant future," says Steve Hawkins, Co-CEO, Horizons ETFs. "Our Biggest Winner contest gives Canadian investors of all skill levels the chance to learn about ETF investing without any financial risk, while potentially winning cash prizes."

The Biggest Winner Trading Competition, which runs for six weeks until 4pm (EST) on 17 June, 2016. There will be a grand prize of CAD7,500 for the competitor with the highest six-week cumulative return. The runner-up will be awarded VAD2,500; in addition, six weekly prizes of CAD500 will be awarded to each of the best single week returns.

Over 6,000 Canadians participated in the previous five competitions. NBDB will once again be the exclusive sponsor of this year's competition.

"NBDB has been working for several years to help investors learn about the direct brokerage channel," says Laurent Blanchard, President of NBDB. "With this contest, we are continuing our commitment. The exercise enables the discovery of the basic concepts associated with portfolio management and favours learning. In our opinion, it is an excellent way to do one's homework as an investor before entering into the universe of do-it-yourself investing."

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