Horizons COMEX Gold ETF - HUG

ETF Overview

The fund seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the COMEX gold futures contract for a subsequent delivery month.

As the ETF is denominated in Canadian dollars, any U.S. dollar gains or losses as a result of the ETF's investment will be hedged back to the Canadian dollar to the best of the ETF's ability.

The Referenced Futures Contract for this ETF is the:

COMEX gold futures contract for the next delivery month

The Forward Agreement Structure

The Fund utilizes a Forward Agreement structure to gain exposure to the target portfolio.

Be aware that the forward structure adds additional costs to the ETF. These costs are not included in the MER.

Key ETF Data

Fundamentals
Category (main)	Gold
Underlying Index	No Index. Referenced Futures Contract: COMEX Gold contract for the next delivery month
ETF Structure	Passive type. Endeavours to return the target futures contract return for the next delivery month before before fees/costs
Asset Class	Commodity
Sub-Asset Class	Gold
Region	-
Issuer	Horizons ETFs (Canada)
ETF Home Page	Available here

Fund Facts
Inception Date	June 25, 2009
Total Holdings	Unknown
Distribution Frequency	Annually
Leverage	None
Significant Currency Exposure	Yes
Currency Hedging	Yes

Fees
Management Fee	0.65%
Management Expense Ratio (MER)	0.69% *
Forward Structure Costs	0.30%

* 2011, 2010 (0.81%)

Trading Information
Ticker	HUG
Exchange	TSX (Toronto Stock Exchange)
Currency	CAD

Eligibility
Eligibility *	RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available **	No
PACC Plan available **	No
SWP available **	No

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: