HPR.CA Profile & Description — Horizons Active Preferred Share ETF
Horizons Active Preferred Share ETF is an investment trust. The investment objective of the Fund is to provide dividend income while preserving capital by investing in preferred shares of Canadian companies. The Fund invests in preferred shares of companies located in the United States, fixed-income securities of Canadian and U.S. issuers, including other income generating securities, Canadian equity securities and exchange traded funds that issue index participation units. The Fund seeks to hedge its non-Canadian dollar currency exposure to the Canadian dollar at all times. As of Dec 31 2015, the Fund's investments totaled C$531,709,208 and its total assets were C$549,068,624.