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    HMUS Product Sheet

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    catalin
    This document provides information on the Horizons US Marijuana Index ETF (HMUS), which seeks to replicate the performance of the US Marijuana Companies Index, net of expenses. The underlying index provides exposure to North American companies with significant business activities or exposure to the US marijuana or hemp industries. While marijuana is legal in some US states, federal restrictions make it difficult for US companies to list on domestic exchanges, so some list with Canadian exchanges instead. The ETF provides a way to gain exposure to this emerging industry and its strong growth potential without directly investing in cannabis itself.

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    © All Rights Reserved
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    HMUS Product Sheet

    Uploaded by

    catalin
    26 views2 pages
    This document provides information on the Horizons US Marijuana Index ETF (HMUS), which seeks to replicate the performance of the US Marijuana Companies Index, net of expenses. The underlying index provides exposure to North American companies with significant business activities or exposure to the US marijuana or hemp industries. While marijuana is legal in some US states, federal restrictions make it difficult for US companies to list on domestic exchanges, so some list with Canadian exchanges instead. The ETF provides a way to gain exposure to this emerging industry and its strong growth potential without directly investing in cannabis itself.

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    HMUS-Product-Sheet

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    This document provides information on the Horizons US Marijuana Index ETF (HMUS), which seeks to replicate the performance of the US Marijuana Companies Index, net of expenses. The underlying index provides exposure to North American companies with significant business activities or exposure to the US marijuana or hemp industries. While marijuana is legal in some US states, federal restrictions make it difficult for US companies to list on domestic exchanges, so some list with Canadian exchanges instead. The ETF provides a way to gain exposure to this emerging industry and its strong growth potential without directly investing in cannabis itself.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    26 views2 pages

    HMUS Product Sheet

    Uploaded by

    catalin
    This document provides information on the Horizons US Marijuana Index ETF (HMUS), which seeks to replicate the performance of the US Marijuana Companies Index, net of expenses. The underlying index provides exposure to North American companies with significant business activities or exposure to the US marijuana or hemp industries. While marijuana is legal in some US states, federal restrictions make it difficult for US companies to list on domestic exchanges, so some list with Canadian exchanges instead. The ETF provides a way to gain exposure to this emerging industry and its strong growth potential without directly investing in cannabis itself.

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    Horizons US Marijuana Index ETF (HMUS; HMUS.

    U)

    Access the World’s First U.S.-Focused Marijuana Index ETF


    The Horizons US Marijuana Index ETF (“HMUS”) seeks to replicate, to the extent
    ETF Snapshot possible, the performance of the US Marijuana Companies Index (the “Index”), net
    Name: of expenses. The Index is designed to provide exposure to the performance of a
    Horizons US Marijuana basket of North American publicly-listed life sciences companies having significant
    Index ETF business activities in, or significant exposure to, the United States Marijuana or Hemp
    industries.
    Launch Date:
    April 18, 2019 A U.S. Industry Listed In Canada
    While marijuana cultivation is legal at the state level in many U.S. states, it remains
    Ticker: federally illegal, making it difficult for U.S. companies to have their securities listed
    HMUS; HMUS.U1 on stock exchanges. Despite the regulatory restrictions, the Marijuana industry in
    the United States continues to see strong growth potential.
    Management Fee:2
    0.85% In 2016, the U.S. legal Marijuana market size was estimated at USD $7.06 billion and
    is now expected to grow at a compound annual growth rate of 24.9% from 2017 to
    Stock Exchange: 20253. Many of these U.S.-domiciled companies have opted for Canadian securities
    Aequitas NEO Exchange listings to take advantage of full capital markets support, since marijuana use is fully
    legal in Canada.
    Investment Manager:
    Horizons ETFs Management Globally, there are a growing number of businesses involved in the Cannabis industry
    (Canada) Inc. (beyond cultivation and distribution), making it possible to invest in companies
    without directly investing in cannabis itself. According to a report from the Bank of
    Underlying Index: Montreal, the value of the global Cannabis industry could reach $194 billion by 20254,
    US Marijuana Companies Index assuming recreational marijuana becomes fully legal in the United States by then.
    A fully-legal U.S. Marijuana market would also hypothetically become the largest
    Bloomberg Index Ticker: Marijuana market in the world.
    UMMAR
    Key Features of HMUS:
    Distribution Frequency: • Strong Growth Potential: The legal Cannabis market in North America is
    Quarterly (if applicable) expected to reach a value of approximately USD $35 billion by 20235
    • Focus on Cultivation and Distribution: The portfolio is comprised primarily
    Rebalanced: of marijuana or hemp production and distribution companies
    Quarterly • Significant Exposure to U.S. Companies: At inception, HMUS provides exposure
    to a diversified group of over 30 American companies within the industry
    Eligibility:
    • ETF Liquidity: HMUS trades throughout the trading day as one security instead
    All registered and non-registered
    investment accounts of trying to manage multiple stock positions in an emerging sector where
    liquidity can be a concern
    • Rebalanced Quarterly: Quarterly rebalances seek to ensure the composition of
    HMUS reflects the changing leadership and drivers of growth within the industry

    3
    Source: Legal Marijuana Market Worth $146.4 Billion by 2025, CARG: 34.6%, Grand View Research, April 2018.
    4
    Source: North America Legal Cannabis Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023,
    IMARC, 2018.
    Trades in U.S. dollars.
    1 5
    Source: Cannabis producers could be chasing global market worth $194 billion in seven years: BMO report, November 1, 2018.
    Plus applicable sales taxes.
    2

    Innovation is our capital. Make it yours.


    HorizonsETFs.com
    Horizons US Marijuana Index ETF (HMUS; HMUS.U)

    US Marijuana Companies Index:


    • Securities in the Index have significant business activities in, or significant exposure to, the Marijuana or Hemp industries
    in the United States and primarily include those with business activities in the cultivation, production and/or distribution
    of marijuana
    • The Index uses a modified market capitalization, with larger companies by market capitalization representing larger
    weights in the portfolio at each rebalance
    • No issuer will represent more than 10% of the Index on each rebalance date
    • For a security to be eligible for the Index, the issuer will generally need to have a market capitalization of greater than
    CAD $75 million

    ETF Holdings6
    Company Name Weight Company Name Weight Company Name Weight
    (%) (%) (%)
    CRESCO LABS INC SUB VTG 10.81 PLANET 13 HOLDINGS INC. 4.23 TILT HOLDINGS INC . 1.87
    CURALEAF HOLDINGS INC. 10.79 AYR STRATEGIES INC. 3.65 MEDMEN ENTERPRISES INC. 1.60
    COLUMBIA CARE INC . 10.19 JUSHI HOLDINGS INC. 3.40 4FRONT VENTURES CORP. 1.31
    TRULIEVE CANNABIS CORP. 9.96 ACREAGE CL E 2.92 AKERNA CORP. 1.21
    GREEN THUMB INDUSTRIES INC. 9.39 HARVEST HEALTH & REC INC. 2.83 RED WHITE & BLOOM BRANDS INC. 1.10
    TUSCAN HOLDINGS CORP. 6.29 LIBERTY HEALTH SCIENCES INC. 2.23 ACREAGE CL D 1.01
    CHARLOTTES WEB HOLDINGS INC. 5.84 LIBERTY HEALTH SCIENCES INC. 2.23 ICANIC BRANDS CO INC. 0.94
    TERRASCEND CORP. 5.46 CBDMD INC . 1.89

    As at September 30, 2020.


    6

    To learn more, please visit www.HorizonsETFs.com/HMUS

    Commissions, management fees and expenses all may be associated with an investment in Horizons US Marijuana Index ETF (the “ETF”) managed by Horizons ETFs Management (Canada) Inc. The ETF is not guaranteed,
    its values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the ETF. Please read the prospectus before investing.
    HMUS is expected to invest in the Marijuana industry in certain U.S. states that have legalized marijuana for therapeutic or adult-use, which is currently illegal under U.S. federal law. HMUS will passively invest in
    companies involved in the marijuana industry in the U.S. where local state law regulates and permits such activities, as well as in companies involved in the Canadian legal Marijuana industry. Neither HMMJ nor HMUS will
    be directly engaged in the manufacture, importation, possession, use, sale or distribution of marijuana in either Canada or the U.S. Please read the full risk disclosure in the respective prospectus before investing.
    The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of
    using the Index and/or Index trade name or the Index Price at any time or in any other respect. The Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated
    correctly. Irrespective of its obligations towards the Issuer, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the
    financial instrument. Neither publication of the Index by Solactive AG nor the licensing of the Index or Index trade name for the purpose of use in connection with the financial instrument constitutes a recommendation
    by Solactive AG to invest capital in said financial instrument nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in this financial instrument.
    Certain statements may constitute a forward-looking statement, including those identified by the expression “expect” and similar expressions (including grammatical variations thereof). The forward-looking statements
    are not historical facts but reflect the author’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results
    or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on such forward looking statements. These forward-looking
    statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless
    required by applicable law.

    H_0476 20-296 0720_H

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