Q: Hi, Pat. I am wondering about investing in the Horizons Seasonal Rotation ETF. What are your thoughts on this ETF as an investment? Thanks.

A: The Horizons Seasonal Rotation ETF, $22.15, symbol HAC on Toronto (Units outstanding: 13.1 million; Market cap: $290.2 million; www.horizonsetfs.com), is an example of an ETF that shows a wide disparity between its holding and the investments that the sales literature describes.

For example, this ETF aims… Read More