Key stats
About HORIZONS GBL SEMICONDUCTOR INDX ETF UNIT CL A (USD)
Expense ratio
0.73%
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Inception date
Jun 21, 2021
The fund is designed to provide exposure to companies in the global semiconductor industry. The funds underlying index is composed of large-cap stocks that derive majority of their revenues from the production and development process of semiconductors and semiconductor equipment. Eligible companies are determined using a capped market capitalization methodology, and are included after meeting certain minimum trading, liquidity, and size requirements. The index comprises 50 companies which are weighted based on market-cap, with the largest companies receiving higher index weights. Individual security capping is implemented at 10%. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Stock breakdown by region