Horizons ETFs is lowering management fees and changing risk ratings on certain actively managed funds.
The firm is reducing fees for the following six ETFs on Dec. 1:
- Horizons Global Risk Parity ETF, from 0.85% to 0.65%
- Horizons Managed Global Opportunities ETF, from 0.85% to 0.50%
- Horizons Active Global Dividend ETF and Horizons Active Emerging Markets Dividend ETF, both from 0.80% to 0.65%
- Horizons Active Canadian Dividend ETF and Horizons Active US Dividend ETF, both from 0.70% to 0.55%
The following changes to risk ratings are effective immediately:
- Horizons Active Floating Rate Senior Loan ETF (new risk rating: low)
- Horizons Active Emerging Market Dividend ETF (new risk rating: medium)
- Horizons Active Canadian Dividend ETF (new risk rating: low to medium)
- Horizons Active Global Dividend ETF (new risk rating: low to medium)
- Horizons Managed Global Opportunities ETF (new risk rating: low to medium)
- Horizons Active A.I. Global Equity ETF (new risk rating: low to medium)
The investment objectives for all the funds listed remain the same following the changes.