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  5. HEQT: In your response to Francesco on March 13, 2024, you indicated that HEQT is 34% US but I think that is only the large cap portion. [Horizons All-Equity Asset Allocation ETF]
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Q: In your response to Francesco on March 13, 2024, you indicated that HEQT is 34% US but I think that is only the large cap portion. Also, previously you noted HEQT had 65% US exposure. A plot of historical trends of XWD and HEQT show almost identical plots. Did I miss something? What are the MERs?
Asked by Dan on March 15, 2024
5i Research Answer:

Thank you for the catch. HEQT does have 34% US large caps and also (we missed) 10% exposure to the Nasdaq 100. This data comes from Bloomberg as would the prior data. MER is 0.20%. XWD MER is 0.47%.