Horizons ETFs receives awards for Best Canadian Equity ETF¹,
Best US Equity ETF¹ and Best Equity ETF Group²
TORONTO, Nov. 17, 2021 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons
ETFs") is proud to announce that two of its exchange traded
funds ("ETFs") won "best" in their respective ETF categories
at the 2021 Lipper Fund Awards from Refinitiv ("Lipper Fund
Awards") ¹. In addition, Horizons ETFs also won a Canada ETF
Award in the Best Equity ETF Group category².
The following ETFs won individual awards:
ETF
Name
|
Ticker
|
Lipper Fund
ETF Awards Category
|
Award
Period
|
Horizons S&P/TSX
60™ Index ETF
|
HXT
|
Canadian
Equity
|
5 Years
|
Horizons NASDAQ-100®
Index ETF
|
HXQ
|
US Equity
|
5 Years
|
"These two five-year period wins from the Lipper Fund Awards
are testament to the enduring value that HXT and HXQ – two of our
oldest and largest ETFs – have offered to investors," said
Steve Hawkins, President and CEO of
Horizons ETFs. "Coupled with our first-ever win within the Best
Equity ETF Group category, this year's Lipper Fund Awards
exemplifies the strength of our equity ETFs throughout this year's
volatile market conditions."
The Lipper Fund Awards are calculated based on a comparison with
other ETFs in the same Canadian Investment Funds Standards
Committee ("CIFSC") category. The 2021 Lipper Fund Awards
are given to funds that deliver consistently strong risk-adjusted
performance relative to their peers, for various time periods
ending July 31, 2021.
Following its three-year Lipper Fund Award recognitions in 2019
and 2020, this year, HXQ has been recognized with a 2021 Lipper
Fund Award in the US Equity category for its five-year period. HXQ
ranked first out of 31 ETFs eligible for consideration.
"In recent years, ETF exposure to the NASDAQ-100 Index has
been one of the best ways to harness the relative strength of the
U.S. equity market," said Mr. Hawkins. "We're proud that HXQ
represents the best of the broad U.S. equity ETFs available in
Canada and of its
continuing recognition by the Lipper Fund Awards."
For the first time ever, HXT has received a 2021 Lipper Fund
Award in the Canadian Equity category. HXT was recognized within
the five-year category and ranked first out of 24 ETFs eligible for
consideration.
"HXT is our largest ETF, with currently over $3 billion in assets under management. This
Lipper Fund Award further demonstrates what thousands of investors
already knew – that fees matter when broad indexing and HXT has
been the lowest-cost and most efficient ways to gain exposure to
access Canadian equity exposure." said Mr. Hawkins.
About the Lipper Fund Awards
For more than three
decades and in over 20 countries worldwide, the Lipper Fund Awards
have honoured funds and fund management firms that have excelled in
providing consistently strong risk-adjusted performance relative to
their peers. Renowned fund data and proprietary methodology is the
foundation of the Award qualification. Individual classifications
of three-, five, and ten-year periods, as well as fund families
with high average scores for the three-year period are recognized.
For more information about the Lipper Fund Awards, please visit
www.lipperfundawards.com.
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 $20
billion of assets under management and 102 ETFs listed on
major Canadian stock exchanges.
From Lipper Fund Awards from Refinitiv, ©2021 Refinitiv. All
rights reserved. Used under license.
Commissions, management fees and expenses all may be associated
with an investment in exchange traded products (the "Horizons
Exchange Traded Products") managed by Horizons ETFs Management
(Canada) Inc. 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.
¹ Horizons S&P/TSX 60™ Index ETF and the Horizons
NASDAQ-100® Index ETF (HXQ) were awarded Canada's 2021 Lipper Fund Awards from
Refinitiv in the Canadian Equity and US Equity ETF categories for
the five-year period ending July 31,
2021, and were ranked first in their categories out of a
total of 24 and 31 ETFs, respectively.
²The Lipper Award for Best Equity ETF Group for the three-year
period ending July 31, 2021 was based
on risk-adjusted performance for the following Horizons ETFs'
Funds: Horizons S&P/TSX 60™ Index ETF (HXT), Horizons
S&P/TSX Capped Financials Index ETF (HXF), Horizons Active
Preferred Share ETF (HPR), Horizons Big Data & Hardware
Index ETF (HBGD), Horizons NASDAQ-100® Index
ETF (HXQ).
The Lipper Fund Awards, granted annually, highlight funds and
fund companies that have excelled in delivering consistently strong
risk-adjusted performance relative to their peers. The Lipper Fund
Awards are based on the Lipper Leader for Consistent Return rating,
which is a risk-adjusted performance measure calculated over 36, 60
and 120 months. The highest 20% of funds in each category are named
Lipper Leaders for Consistent Return and receive a score of 5, the
next 20% receive a score of 4, the middle 20% are scored 3, the
next 20% are scored 2 and the lowest 20% are scored 1. The fund
with the highest Lipper Leader for Consistent Return (Effective
Return) value in each eligible classification per award universe
wins the Lipper Fund Award. Lipper Leader for Consistent Return
rating are subject to change monthly.
Although Lipper makes reasonable efforts to ensure the accuracy
and reliability of the data contained herein, the accuracy is not
guaranteed by Lipper.
Annualized Performance*
ETF
|
1 Year
(%)
|
3 Year
(%)
|
5 Year
(%)
|
SIR
(%)
|
Inception
Date
|
Lipper Leader
Ranking
|
3
Years
|
5
Years
|
HXT
|
29.45%
|
11.01%
|
10.88%
|
8.28%
|
14-09-2010
|
4
|
5
|
HXQ
|
28.16%
|
26.19%
|
25.34%
|
25.57%
|
19-04-2016
|
5
|
5
|
HXF
|
48.54%
|
10.80%
|
12.24%
|
11.18%
|
16-09-2013
|
n/a
|
n/a
|
HPR
|
37.47%
|
4.61%
|
7.71%
|
4.13%
|
22-11-2010
|
n/a
|
n/a
|
HBGD
|
147.22%
|
47.16%
|
/
|
43.27%
|
20-06-2018
|
n/a
|
n/a
|
*As at July 31, 2021. The
indicated rates of return are the historical annual compounded
total returns including changes in per unit/share value and
reinvestment of all dividends or distributions and do not take into
account sales, redemption, distribution or optional charges or
income taxes payable by any security holder that would have reduced
returns. The rates of return shown in the table are not intended to
reflect future values of the ETF or returns on investment in the
ETF. Only the returns for periods of one year or greater are
annualized returns.
SOURCE Horizons ETFs Management (Canada) Inc.