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Horizons Pipelines & Energy Services Index ETF (TSX: HOG)
TSX:HOG (Horizons Pipelines & Energy Services Index ETF)
HOG seeks to replicate, to the extent possible, the performance of the Solactive Pipelines & Energy Services Index (the Underlying Index, Bloomberg ticker: SOLCOGTR), net of expenses. The Underlying Index is designed to provide exposure to equity securities of certain Canadian oil and gas companies who are involved the transportation, storage, and wholesale marketing of crude oil, natural gas and other refined petroleum products (the Midstream Sector) To achieve the ETFs investment objective, the ETF invests and holds the equity securities of the constituent issuers of the Underlying Index (the Constituent Issuers) in substantially the same proportion as the Underlying Index.