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Horizons ETFs Rebalances Marijuana-Focused ETFs

ORONTO, July 3, 2019 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") has completed the quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF ("HMMJ":TSX), the Horizons US Marijuana Index ETF ("HMUS":NEO) and the Horizons Emerging Marijuana Growers Index ETF ("HMJR":NEO).

https://ceo.ca/@newswire/horizons-etfs-rebalances-marijuana-…
https://ceo.ca/@newswire/horizons-etfs-rebalances-marijuana-focused-etfs



The HMJR portfolio had more than 20 names added to it this quarter. Many of these new constituents are companies focused on non-Canadian markets," said Mr. Hawkins. "HMJR now has significant exposure to emerging global Marijuana markets, including Australia, Israel, and of course the United States. Many of the new entrants to these markets start as smaller-capitalization stocks, meaning that HMJR tends to get exposure to the early entrants into new markets.

Horizons Emerging Marijuana Growers Index ETF ("HMJR":NEO)


 
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