Horizons ETFs Management (Canada) Inc. has announced changes to the risk ratings for certain ETFs, effective immediately, as shown in the table below.
No changes have been made to the ETFs’ investment objectives or strategies, says a release.
ETF | Previous risk rating | New risk rating |
Horizons S&P/TSX 60 Index ETF | Medium | Low to medium |
Horizons Blockchain Technology & Hardware Index ETF | High | Medium to high |
Horizons Enhanced Income Energy ETF | High | Medium to high |
Horizons Seasonal Rotation ETF | Medium | Low to medium |