Horizons ETFs Management Inc. has completed the quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) and the Horizons US Marijuana Index ETF (NEO:HMUS).
This quarter, four companies were removed from HMMJ’s portfolio:
Deletions
Company Name |
Ticker |
Exchange |
Abacus Health Products Inc. |
ABCS |
Canadian Securities Exchange |
Agraflora Organics International Inc. |
AGRA |
Canadian Securities Exchange |
Flower One Holdings Inc. |
FONE |
Canadian Securities Exchange |
CBDMD Inc. |
YCBD |
New York Stock Exchange |
Performance Update as of March 31, 2020,
1 |
3 |
6 |
YTD |
1 |
Annualized |
|
HMMJ |
-15.28% |
-28.36% |
-45.68% |
-28.36% |
-69.05% |
-9.55% |
NAMMAR Index |
-17.27% |
-32.10% |
-43.98% |
-32.10% |
-69.91% |
-15.89% |
TX60AR Index |
-15.30% |
-18.48% |
-16.49% |
-18.48% |
-11.68% |
-0.79% |
HMUS REBALANCE
Launched in April 2019, HMUS is the world’s first U.S.-focused marijuana index ETF. HMUS seeks to replicate, to the extent possible, the performance of the US Marijuana Companies Index, net of expenses. This index is designed to provide exposure to the performance of a basket of publicly-listed companies having significant business activities in, or significant exposure to, the marijuana or hemp industries in the United States. Constituents of this index are selected from Canadian and U.S. exchanges. While some securities may be listed on major North American exchanges, the majority of the securities currently trade on North American exchanges that include but are not limited to the Canadian Securities Exchange and the Aequitas NEO Exchange.
This rebalance resulted in the removal of six companies from the portfolio:
Deletions
Company Name |
Ticker |
Exchange |
Abacus Health Products Inc. |
ABCS |
Canadian Securities Exchange |
Body & Mind Inc. |
BAMM |
Canadian Securities Exchange |
Ignite International Brands |
BILZ |
Canadian Securities Exchange |
Green Growth Brands Inc. |
GGB |
Canadian Securities Exchange |
Plus Products Inc. |
PLUS |
Canadian Securities Exchange |
CBDMD Inc. |
YCBD |
New York Stock Exchange |