HORIZONS CRUDE OIL ETF NEW ETF SHSHORIZONS CRUDE OIL ETF NEW ETF SHSHORIZONS CRUDE OIL ETF NEW ETF SHS

HORIZONS CRUDE OIL ETF NEW ETF SHS

No trades
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Key stats

Assets under management (AUM)
‪25.46 M‬CAD
Fund flows (1Y)
‪−3.29 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
0.4%

About HORIZONS CRUDE OIL ETF NEW ETF SHS

Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Horizons
Expense ratio
1.39%
Inception date
Jun 24, 2009
Index tracked
Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER - CAD - Benchmark TR Net
Management style
Passive
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.

Classification

Asset Class
Commodities
Category
Energy
Focus
Crude oil
Niche
Laddered
Strategy
Extended term
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash83.72%
Miscellaneous16.28%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy