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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:

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:

ETF at TMX ETF at Morningstar