Horizon lists ETFs which pay trailing fees

clock

Canadian ETF provider Horizon has launched adviser class versions of four of its ETFs in a bid to attract advisers which work on a commission basis.

The new classes of the ETFs, which listed in Toronto last week, will pay a 75 basis point annual trailing service fee. Horizon is the third Canadian ETF provider to add this feature to its products. "We resisted this move for a long period of time but the fact of the matter is that in the Canadian market place there is a big component of the advisory channel which gets paid service fees on mutual funds or structured products," says Howard Atkinson president of Horizon ETFs in Toronto. "They don't operate a fee-based account model. We heard from these advisers that ‘I love your ETFs bu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on ETFs

What financial advisers need to know about active vs index-based ETFs

What financial advisers need to know about active vs index-based ETFs

'Prices and fundamentals matter for expected returns'

Mikaela Steutermann
clock 03 December 2025 • 3 min read
Partner Insight: Vanguard - We've lowered our ETF costs again

Partner Insight: Vanguard - We've lowered our ETF costs again

Vanguard's latest fee reductions will let investors keep even more of their returns and improve their chances of investment success.

Vanguard
clock 25 November 2025 • 7 min read
Amid the rise of active ETFs, remember to look before you leap

Amid the rise of active ETFs, remember to look before you leap

The importance of a balanced view

Sheldon MacDonald
clock 21 March 2025 • 4 min read