The investment objective of Horizons HRA is to seek long term capital appreciation through the use of asset allocation. Horizons HRA will primarily use exchange traded products to gain exposure to a portfolio of global asset classes with a focus on the forecasted amount of risk that each investment contributes.
Inception Date: 20/07/2016
Primary Benchmark: NA
Primary Index: Morningstar CAN Bal Glbl 60/40 CAD
Gross Expense Ratio: NA%
Management Expense Ratio: 1.25 %
|VTI||Vanguard Total Stock Market||17.58 %|
|IGOV||iShares International Treasury Bond ETF||15.18 %|
|VWOB||Vanguard Emerging Markets Government Bond ETF||8.53 %|
|VNQI||Vanguard Global ex-U.S. Real Estate ETF||7.12 %|
|VPL||Vanguard FTSE Pacific||6.72 %|
|GLD||SPDR Gold Trust||5.89 %|
|LTPZ||Pimco 15 Year U.S. TIPS Index Exchange-Traded Fund||4.69 %|
|XLE||SPDR Select Sector Fund - Energy Select Sector||4.58 %|
|Market Performance vs.
Industry/Classification (Global Neutral Balanced)
|Market Performance vs. Exchange (Toronto Stock Exchange)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||2.97%||100%||A+||92%||A-|
|Risk Adjusted Return||46.91%||50%||F||52%||F|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The company has under performed its peers on annual average total returns in the past 5 years.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.