andrew adams

HRAA - Horizons Resolve Adaptive Asset Allocation ETF

If you are thinking about buying HRAA stock here are a few things to consider. I've read the prospectus and will share my findings to help save you time. 
HRAA stock

About HRAA

The company is part of the Healthcare Finance and Insurance sector and has been on a bullish trend over the past year. An Ai stock analyst predicts that HRAA stock will continue on its upward trend. The company provides healthcare organizations with revenue cycle solutions and assists them in increasing their productivity. 

Canadian Ticker: HRAA

U.S Ticker: HRAA.U

Dividend yield

Based on the prospectus, the company does not currently intend to pay a dividend or any returns of capital based on ETF shares. It possibly could change in the future but for now, there is no dividend payment. 

General Investment Strategies

The ETF invests in a variety of portfolio securities and instruments which may include, but are not limited to, equity and equity related, or debt securities of Canadian companies, directly, or through investments in securities of other investment funds, including exchange traded funds and will not invest in Leveraged ETFs.

Fee

The ETF pays an annual fee to the fund manager equal to an annual percentage of the net asset value. The current fee is 0.85%. 

Top 10 Holdings

Security Weight
EURO-BOBL FUTURE (EUX) 12.36
US 10YR NOTE FUTURE (CBT) 11.45
CAN 10YR BOND FUT 10.68
COPPER FUTURE (CMX) 9.88
EURO-BUXL 30Y BND FUTURE (EUX) 8.84
GOLD 100 OZ FUTR 7.97
SOYBEAN FUTURE (CBT) 7.9
EURO-OAT FUTURE (EUX) 5.93
BRENT CRUDE FUTR Aug22 5.76
NIKKEI 225 FUTURE (CME) 5.21

 

HRAA Performance history

Ticker 1 mo (%) 3 mo (%) 6 mo (%) YTD (%) 1 yr (%) 3 yr (%) 5 yr (%) 10 yr (%) Since Inception (%) Inception Date
HRAA -1.71 1.9 7.24 7.24 9.98 -- -- -- 9.96 30-Jul-20

 

Disclosure:

Before you invest in this stock, you should consider consulting a personal financial advisor and performing your due diligence.

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