Horizons’ active ETFs hit $2B in AUM

Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. have announced that AlphaPro’s family of actively managed and specialty ETFs has reached $2 billion in assets under management.

Horizons ETFs offers 28 Active ETFs managed by various portfolio managers, who aim to deliver better risk-adjusted returns than the broader markets they invest in or reference. This is unlike passive or index-tracking ETFs, which seek to replicate the returns of benchmark indices or multiples thereof.

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Staff

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