Horizons Gold Yield ETF Comm (HGY.TO)
10.60
+0.07
(+0.66%)
CAD |
TSX |
Apr 25, 10:35
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.89% | 0.04% | 64.04M | 9352.83 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.66% | 16.03% | -6.515M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment objectives of HGY are to provide Unitholders with: (i) exposure to the price of gold bullion hedged to the Canadian dollar, less HGY’s fees and expenses; (ii) tax-efficient monthly distributions; and (iii) in order to mitigate downside risk and generate income, exposure to a covered call option writing strategy. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Commodities |
| Category Name | Commodity |
| Category Index | Bloomberg Commodity TR USD |
| Global Category Name | Commodities Broad Basket |
| YCharts Categorization | Commodities |
| YCharts Benchmark | Bloomberg Commodity Index Total Return (^BCTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Horizons ETFs Management (Canada) Inc |
| Prospectus Benchmark Index | |
| 1M gold futures contract TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSXCATR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 13.30 yrs |
Performance Versus Category
As of April 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 24, 2024.
Basic Info
| Investment Strategy | |
| The investment objectives of HGY are to provide Unitholders with: (i) exposure to the price of gold bullion hedged to the Canadian dollar, less HGY’s fees and expenses; (ii) tax-efficient monthly distributions; and (iii) in order to mitigate downside risk and generate income, exposure to a covered call option writing strategy. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Commodities |
| Category Name | Commodity |
| Category Index | Bloomberg Commodity TR USD |
| Global Category Name | Commodities Broad Basket |
| YCharts Categorization | Commodities |
| YCharts Benchmark | Bloomberg Commodity Index Total Return (^BCTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Horizons ETFs Management (Canada) Inc |
| Prospectus Benchmark Index | |
| 1M gold futures contract TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSXCATR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 13.30 yrs |