HBP 60 Bull and Bear + ETF Funds
ETF fact sheet
Investment Highlights
The Horizons BetaPro S&P/TSX 60 Bull+ ETF (HBP 60 Bull+ ETF) and the Horizons BetaPro S&P/TSX 60 Bear+ ETF (HBP 60 Bear+ ETF) seek daily investment results equal to 200% the daily performance, or inverse daily performance, of the S&P/TSX60 Index™ , before fees and expenses. The Index represents the large cap universe for Canada by offering exposure to 60 of the largest companies on the Toronto Stock Exchange. The S&P/TSX 60 Index™ is the basis for the most highly traded futures contract in Canada.
Fund Performance as of January 31, 2010
HBP 60 Bull and Bear + ETF Funds net returns for month ended January 31, 2010 were:
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Bear | 13.23% | -3.41% | -5.78% | 13.23% | -50.01% | -15.59% | - | -17.39% |
| Bull | -12.43% | 0.57% | -1.86% | -12.43% | 49.28% | -16.23% | - | -13.82% |
| S&P/TSX 60 Index | -6.45% | 0.13% | -0.92% | -6.45% | 23.94% | -4.62% | 5.06% | - |
Historical Returns
The following table shows the cumulative growth of $10,000 initial investment in the fund.
Top Holdings
As of January 31, 2010
| Royal Bank of Canada | 7.82% |
| TD Bank | 5.71% |
| Suncor Energy | 5.55% |
| Bank of Nova Scotia | 4.85% |
| Canadian Natural Resources | 3.90% |
| Barrick Gold Corp. | 3.85% |
| Manulife Financial | 3.62% |
| Research In Motion | 3.57% |
| Potash Corp. of Saskatchewan | 3.31% |
| Bank of Montreal | 3.03% |
| Total | 45.21% |
Sub-Advisors
ProShare Advisors LLC
ProShares is part of the $28 billion ProFunds Group, the leader in short and leveraged ETFs and mutual funds, managing approximately 85% of the nation's short and leveraged fund assets. ProFunds Group also includes the family of more than 100 ProFunds mutual funds and manages the Canada-based Horizons BetaPro ETFs. ProFunds Group describes the portfolio managers common to ProFund Advisors LLC, advisor to ProFunds mutual funds; and ProShare Advisors LLC, advisor to ProShares ETFs.
BetaPro Management Inc.
BetaPro Management Inc. (“BetaPro”) is an innovative financial services company and Canada’s sole provider of leveraged and inverse leveraged ETFs. HBP ETFs allow investors to profit or protect in bull and bear markets. The company currently manages over $1.75 billion through 28 ETFs. BetaPro is an associate of Jovian Capital Corporation, a publicly traded management and holding company with interests in a variety of financial service firms specializing in wealth and asset management; listed on the TSX (JOV). The Jovian group of companies operates as a national financial services organization with approximately $14.6 billion of client assets.
Fund Details
| Symbol (Bear): | HXD |
|---|---|
| Symbol (Bull): | HXU |
| Inception Date: | January 8, 2007 |
| Registered Account Availability: | Yes |
| Management Fee: | 1.15% |
| Distributions: | n/a |
26 Wellington St. E. Suite 920 Toronto, ON, M5E 1S2