Horizons wins award for ETF innovation

The Horizons Morningstar Hedge Fund Index ETF (HHF), a Canadian-listed ETF offered by Horizons Exchange Traded Funds Inc., which gives investors exposure to the Morningstar Broad Hedge Fund Index, has been awarded one of the prestigious 2012 William F. Sharpe Indexing Achievement Awards.

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Winners of the 2012 William F. Sharpe Indexing Achievement Awards were announced during the Global Indexing & ETFs conference in Phoenix, Arizona. HHF was given the award for Best ETF Innovation, which recognizes outstanding innovation in ETF development.

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The Horizons Morningstar Hedge Fund Index ETF seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that replicate the performance of the Index, hedged to the Canadian dollar.

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