Horizons S&P Financial Select Sector Covered Call ETF (HFIN) - NYSEARCA
  • Mar. 12, 2015, 2:47 PM
    • The last day of trading for the Horizons Financial Select Sector Covered Call ETF (NYSEARCA:HFIN) will be March 20. The ETF came to market in November 2013 and has $4.11M in AUM.
    | Mar. 12, 2015, 2:47 PM
  • Nov. 20, 2013, 10:50 AM
    • Open for trade is the Horizons S&P Financial Select Sector Covered Call ETF (HFIN), which aims for extra income by using covered-calls on stocks in the S&P Financial Select Sector Index (related ETF: XLF). The HFIN has an expense ratio of 0.7%.
    • In other ETF news: ProShares updates paperwork on its Short Term USD Emerging Markets Bond ETF (EMSH), detailing an expense ratio of 0.5%. ALPS files to launch a Workplace Equality Fund (EQLT). "The ETF consists of approximately 140 stocks of U.S. and foreign companies that support equality for lesbian, gay, bisexual and transgender employees." The expense ratio will be 0.75%.
    | Nov. 20, 2013, 10:50 AM
HFIN Description
The Horizons S&P Financial Select Sector Covered Call ETF (HFIN) seeks investment results that, before fees and expenses, generally correspond to the performance of the S&P 500 Financial Select Sector Stock Covered Call Index (the "Index"). HFIN invests substantially all of its assets in all the securities of the S&P 500 Financial Select Sector Stock Covered Call Index in substantially similar weights, and sells or "writes" covered call options on up to 100% of each of the option-eligible securities in the portfolio in an attempt to generate additional monthly income from the call option premiums collected. HFIN is sub-advised by Horizons ETFs Management (USA) LLC.
See more details on sponsor's website
Sector: Financial
Country: United States
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