ETF Providers: Horizons ETFs
With $ 7.2 billion in assets under management (84 ETFs) as at May 31, 2017, Horizons is Canada’s 4th largest ETF provider.
Beyond its origins of purveyor of 2X leveraged ETFs in Canada (Bull & Bear), Horizons has strived to be an innovator in the space, and can be credited with being the early mover in the actively managed ETFs space here. Its offering otherwise TR Swaps-based ETFs (to access passive exposure on a tax-efficient basis), as well as “inverse” and Covered Call ETFs.
The firm’s majority shareholder since late 2011 is South Korea’s Mirae Asset Management.