Horizons Short-Term U.S. Treasury Premium Yield ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in fixed income markets of the United States. It invests directly, through derivatives and through other funds in U.S. treasury securities denominated in U.S. dollars with maturities of less than three years. The fund uses derivatives such as options to create its portfolio. It seeks to benchmark the performance of its portfolio against a composite index comprising of 90% of the ICE BofA 0-3 Month US Treasury Bill Index, 5% of the ICE U.S. Treasury 20+ Year Bond Index and 5% of the Cboe TLT 2% OTM BuyWrite Index. Horizons Short-Term U.S. Treasury Premium Yield ETF was formed on October 4, 2023 and is domiciled in Canada.