AlphaPro calls ETF merger vote

AlphaPro Management is seeking investor approval for the merger of one of its ETFs, giving unitholders a choice of two ETFs into which it will be merged. Under the proposal, Horizons AlphaPro Managed S&P/TSX 60 ETF (ticker symbol HAX) would be merged into either Horizons AlphaPro S&P/TSX 60 Equal Weight Index ETF (HEW), or into […]

By Staff | March 28, 2011 | Last updated on March 28, 2011
1 min read

AlphaPro Management is seeking investor approval for the merger of one of its ETFs, giving unitholders a choice of two ETFs into which it will be merged.

Under the proposal, Horizons AlphaPro Managed S&P/TSX 60 ETF (ticker symbol HAX) would be merged into either Horizons AlphaPro S&P/TSX 60 Equal Weight Index ETF (HEW), or into Horizons AlphaPro Enhanced Income Equity ETF (HEX).

The meeting is slated for May 31, 2011.

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

Spot Ethereum ETFs clear key SEC hurdle

Products

Spot Ethereum ETFs clear key SEC hurdle

The development comes months after the regulator approved bitcoin ETFs

By Noushin Ziafati |May 24, 2024

3 min read

Exchanges ready for T+1

Products

Exchanges ready for T+1

While there may be an initial spike of failed trades, fail rates improve overall in a shortened settlement cycle

By Melissa Shin |May 22, 2024

3 min read

Advisors and fund managers are ready for T+1

Products

Advisors and fund managers are ready for T+1

Any time you shorten a settlement cycle, you reduce risk, CCMA head says

By Melissa Shin |May 21, 2024

6 min read