Sign up for free newsletter

 

Four fingers

Horizons ETFs to split or consolidate units of four ETFs

Horizons ETFs Management (Canada) intends to split or consolidate the units of four of its exchange-traded funds.

After the close of trading on 18 June 2014 on the Toronto Stock Exchange, the units of three of the ETFs will be consolidated on the basis of a 1:4 ratio and will begin trading on a post consolidated basis on 19 June. The ETFs are:
 
Horizons BetaPro S&P/TSX Capped Energy Bear Plus ETF (HED)
Horizons BetaPro S&P/TSX Capped Financials Bear Plus ETF (HFD)
Horizons BetaPro S&P 500 Bear Plus ETF (HSD)
 
After the TSX has closed for trading on 18 June, the units of a fourth ETF – the Horizons BetaPro NASDAQ-100 Bull Plus ETF (HQU) – will be subdivided on the basis of a 2:1 ratio and will begin trading on a split adjusted basis on 19 June. The split will become effective on 23 June for unitholders of record on that date.


Subscribe to free daily newsletter
latestjobs
VP/Director Project Manager-Investment Bank

Mon, 03 Aug 2015 00:00:00 GMT

Single Stock Options Trader - Buy Side

Mon, 03 Aug 2015 00:00:00 GMT

VP Javascript Developer

Mon, 03 Aug 2015 00:00:00 GMT

events
2 weeks 5 days from now - New York
3 weeks 6 days from now - Texas
5 weeks 9 hours from now - New York
5 weeks 1 day from now - New York
specialreports