Bringing you live news and features since 2006 

Horizons licences INK Research’s INK Canadian Insider Index for new ETF


Horizons ETFs Management has licensed the Insider Index from INK and has filed a preliminary prospectus for a public offering of Class A units of the Horizons Cdn Insider Index ETF (Horizons HII). 

The investment objective of Horizons HII is to seek to replicate, to the extent possible, the performance of the Insider Index, net of expenses. The Insider Index is designed to provide exposure to the performance of 50 TSX-listed growth and value stocks with significant insider buying and ownership. Horizons HII will invest and hold the equity securities of the constituents in substantially the same proportion as the Insider Index.

The Insider Index uses an equal-weight methodology and is ordinarily rebalanced on a semi-annual basis. In contrast to a market-capitalisation weighted methodology, the Insider Index seeks to provide the benefit of buying low and selling high at each rebalancing.

“INK has found that by combining insider characteristics with value and growth factors, there is an opportunity to outperform broad market-capitalisation based indexes”, says INK CEO Ted Dixon. “Is a stock a true value or growth stock? Insider buying can sometimes help answer this question, since insiders may be best able to interpret the prospects of a company.”

INK is making the Insider Index available free of charge to brokerage, financial and news websites for quotation and display. Live data can be sourced through Bloomberg (INKCINP), Thomson Reuters (.INKCINP), or via request by contacting INK via the INK indexing website The INK site provides historical backtest performance of the Insider Index going back almost 10 years as well as its key characteristics, current constituents and announcements. 

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by