FMP
Horizons Crude Oil ETF
HUC.TO
TSX
The fund tracks an index that measures the performance of the December WTI light sweet crude oil futures contract. The fund expects positive gains during the winter months by only investing in December contracts of each year, which is often the most liquid. As the oil market is typically in a state of contango, near-month contracts create constantly changing underlying investment, which can prevent accurate tracking. By investing only in December contracts, the fund eliminates the monthly futures contract roll which often creates negative roll yield.
22.69 CAD
-0.11 (-0.485%)
About
ceo
N/A
sector
Financial Services
industry
Asset Management
website
N/A
exchange
TSX
Description
The fund tracks an index that measures the performance of the December WTI light sweet crude oil futures contract. The fund expects positive gains during the winter months by only investing in December contracts of each year, which is often the most liquid. As the oil market is typically in a state of contango, near-month contracts create constantly changing underlying investment, which can prevent accurate tracking. By investing only in December contracts, the fund eliminates the monthly futures contract roll which often creates negative roll yield.
CIK
N/A
ISIN
CA44055Q1046
CUSIP
N/A
Address
N/A
Phone
NA
Country
CA
Employee
N/A
IPO Date
Oct 29, 2009
Key Executives
