The fundamental investment objective of the Horizons AlphaPro Managed S&P/TSX 60 Exchange Traded Fund (“HAX”) is to achieve long-term capital growth by investing primarily in equity securities that are constituents of the S&P/TSX 60.
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One of Canada’s first Active ETFs - publicly listed on TSX under the symbol HAX
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| Significantly lower costs than mutual funds (70bps vs. 200+bps) |
Rebalanced bi-weekly with the ability to go 100% cash
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| Benefits & Convenience of ETFs |
Expert insight and research provided by Ron Meisels, President of Phases & Cycles Inc. (www.phases-cycles.com), and his team
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Analytical Data and Research
Horizons AlphaPro Managed S&P/TSX 60 ETF will have exclusive access to analytical data and research that use technical signals to overweight / underweight stocks that have the potential to outperform / underperform the index.
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Research Process
Top-Down approach: Based on proprietary Cycle, Sentiment and Technical indicators on various sectors on S&P/TSX 60
Bottom-Up approach: Review of a number of Technical indicators and relative strength via Point and Figure charts on the individual components of the S&P/TSX 60
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Stock Selection
Stock selection is based on Technical indicators and the firm’s 10+ years of experience using them |
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Ticker: |
HAX |
Inception Date: |
January 7, 2009 |
Exchange: |
Toronto Stock Exchange |
Eligibility: |
RRSP, RRIF, DPSP. RDSP, RESP, TFSA |
Distributions: |
Annual, if any |
Management Fee: |
0.75% |
Phases & Cycles Inc. is one of North America’s leading providers of independent investment research. Since 1990, the firm has furnished its clients with actionable and profitable investment recommendations for both the US and Canadian equity markets. Phases & Cycles supplies its research to over 40 companies across North America through timely reports and consulting services.
The research, which is based on technical, cyclical and sentiment indicators, includes: Market Comments that address the direction of the sectors and the indices; clear, concise and most importantly actionable Buy and Sell Recommendations for over 400 US and Canadian stocks; a List of Recommended Stocks, which keeps track of current and past recommendations; and our TOP 60® and TOP 100® Portfolios, which select the best candidates among the S&P/TSX 60 and the S&P 100 indices. |
Prospectus
Client Summary
FAQs
as of 12/31/09
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HAX |
S&P/TSX 60 |
Difference |
| Suncor Energy Inc |
8.17% |
5.72% |
2.45% |
| Royal Bank of Canada |
6.83% |
7.89% |
-1.06% |
| Barrick Gold Corp |
5.91% |
4.02% |
1.89% |
| Goldcorp Inc |
5.53% |
2.99% |
2.54% |
| Canadian National Railway Co |
5.10% |
2.66% |
2.44% |
| Toronto-Dominion Bank |
4.88% |
5.59% |
-0.71% |
| Potash Corp of Saskatchewan |
4.77% |
3.34% |
1.43% |
| Bank of Nova Scotia |
4.49% |
4.97% |
-0.48% |
| Canadian Natural Resources Ltd |
3.20% |
4.06% |
-0.86% |
| TransCanada Corp |
3.13% |
2.44% |
0.69% |
| Nexen Inc |
2.84% |
1.30% |
1.54% |
| CASH |
2.83% |
0.00% |
2.83% |
| Enbridge Inc |
2.66% |
1.80% |
0.86% |
| CIBC |
2.57% |
2.58% |
-0.01% |
| Bank of Montreal |
2.55% |
3.04% |
-0.49% |
| Agrium Inc |
2.46% |
1.01% |
1.45% |
| Cameco Corp |
2.20% |
1.31% |
0.89% |
| SNC-Lavalin Group Inc |
2.16% |
0.80% |
1.36% |
| BCE Inc |
2.15% |
2.19% |
-0.04% |
| Shaw Communications Inc |
2.09% |
0.78% |
1.31% |
| Penn West Energy Trust |
1.96% |
0.76% |
1.20% |
| Eldorado Gold |
1.66% |
0.79% |
0.87% |
| Fortis |
1.63% |
0.48% |
1.15% |
| Teck Cominco Ltd |
1.55% |
1.75% |
-0.20% |
| Rogers Communications Inc |
1.52% |
1.62% |
-0.10% |
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