Toronto-based Horizons ETFs Management (Canada) Inc. lowered the risk ratings for 12 of its ETFs. For example, Horizons Canadian Midstream Oil and Gas Index ETF now has a risk rating of “medium” compared with a previous rating of “medium to high.” Similarly, Horizons Enhanced Income U.S. Equity ETF’s risk rating now is “low to medium,” down from “medium.” For full fund details, visit Horizonsetfs.com.

(fcollie@investmentexecutive.com)