Description

The fund actively invests in financial services companies around the globe, but narrows its universe to companies that the management perceives as having the potential to generate higher earnings/revenue growth by benefiting from secular trends, either through innovating or supporting innovation. These innovations must relate to the use of data and technology in the financial services sector. HFT will typically invest in equities listed in major exchanges. From its eligible universe, the fund selects companies using manager’s expertise and specialized analysis, reviewing a company’s individual attributes, such as valuation, potential for growth, exposure to and investment in technological innovation and changing business trends within the sector. The fund may hedge up to 100% of the ETF’s non-Canadian dollar currency exposure.