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Horizons Enhanced All-Equity Asset Allocation Etf Description
Horizons Enhanced All-Equity Asset Allocation ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against a composite index comprising of 20% of the S&P/TSX 60 Total Return Index, 35% of the Solactive US Large Cap Index (CA NTR), 10% of the NASDAQ-100 Total Return Index, 25% of the MSCI EAFE Net Total Return USD Index and 10% of the MSCI Emerging Markets Net Total Return USD Index. Horizons Enhanced All-Equity Asset Allocation ETF was formed on October 10, 2023 and is domiciled in Canada.
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