Horizons Active Hybrid Bond And Preferred Share ETF - CAD Stock

The investment objective of Horizons HFP is to generate income consistent with prevailing short-term preferred share yields while stabilizing the market value of the ETF from the effects of interest rate fluctuations. Horizons HFP invests primarily in preferred shares of Canadian companies and may also invest in preferred shares of companies located in the United States, fixed-income securities of Canadian and U.S. issuers, including other income generating securities and listed funds. Horizons HFP will generally maintain a portfolio duration of less than 2 years.