Horizons expands Advisor Class offering

Horizons Exchange Traded Funds has launched Advisor Class units of two of its alternative strategy ETFs, the Horizons Seasonal Rotation ETF and the Horizons Gartman ETF.

The Advisor Class offerings include an annual service fee of 75 basis points, payable on a quarterly basis to advisors who have sold the ETFs.

The Horizons Seasonal Rotation ETF is advised by Horizons Investment Management Inc., and utilizes a proprietary, seasonal rotation investment strategy developed by research analysts Don Vialoux and Brooke Thackray.

The sub-advisor of the Horizons Gartman ETF is The Gartman Letter, L.C. founded by Dennis Gartman. The Gartman Letter, written by Mr. Gartman, provides daily macro-economic and trading-oriented commentary, with particular emphasis on fixed income, foreign exchange, equity indices, precious metals, energy and agricultural commodities.

“We are very pleased to offer Advisor Class units on these two innovative investment strategies,” said Howard Atkinson, CEO of Horizons ETFs. “Brooke, Don and Dennis are practically household names with Canadian financial advisors. These new Advisor Classes give Canadian investment advisors more flexibility in how they can incorporate these investment strategies into their book of business.”

Staff

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