Horizons Global Hydrogen Index ETF

HYDR seeks to replicate, to the extent possible, the performance of the Solactive Global Hydrogen Industry Index (the Underlying Index, Bloomberg ticker: SOGHYDRN), net of expenses. The Underlying Index is designed to provide exposure to the performance of global, publicly listed companies engaged in the development and production of fuel cell technology and equipment, as well as infrastructure, components, and systems for hydrogen generation, storage, and transportation. To achieve its investment objective, HYDR invests and holds equity securities of the constituent issuers of the Underlying Index (the Constituent Issuers), in substantially the same proportion as its Underlying Index. HYDR may also invest in ADRs or GDRs representing equity securities of Constituent Issuers of its Underlying Index. To the extent permitted, the ETF will generally be fully invested in or exposed to its respective Underlying Index at all times.