The Horizons Seasonal Rotation exchange traded fund (HAC) is celebrating its sixth anniversary.
Launched in late November 2009, HAC uses an innovative seasonal rotation strategy that seeks to deliver absolute returns in all market conditions by investing in seasonally favourable asset classes and sectors throughout the course of the year, primarily through the purchase of North American-listed ETFs.
HAC's underlying portfolio follows the detailed seasonal investing research of Brooke Thackray, Research Analyst with Horizons ETFs and author of Thackray's Investor's Guide — updated annually to highlight the upcoming seasonal investment themes and potential trades for the next 12 months.
"Brooke has shown investors that seasonal patterns in investing have been historically significant, and when followed with the right technical indicators, make for effective long-term, risk-adjusted returns," says Steve Hawkins, Co-CEO of Horizons ETFs. "HAC has the longest track record of all our actively managed ETFs and we're proud of the industry recognition it has received this past year."
In early November, HAC received the 2015 Lipper Award in the Alternative Strategies category for the three-year period ending July 31, 2015, ranking first out of the six ETFs eligible for consideration.
"HAC has garnered impressive industry recognition this year in an environment that has been difficult for both North American equity investors and alternative investors due to the volatility in the markets," says Hawkins. "Looking at HAC's results year-to-date, it effectively managed the market's volatility at the end of the third quarter and delivered an impressive absolute return of 10.64 per cent.”
