TSX:HUC (Horizons Crude Oil ETF)

About HUC

HUC seeks investment results before fees expenses distributions brokerage commissions and other transaction costs that endeavour to correspond to the performance of its Referenced Futures Index. HUC invests in financial instruments that have similar return characteristics as the performance of its Underlying Index, which tracks a rolling position in the December WTI light sweet crude oil futures contract traded on the Chicago Mercantile Exchange (the Referenced Futures Contract) for the next December delivery month. In order to achieve this objective, the total underlying notional value of these instruments will typically not exceed one times the total assets of the ETF. Assets not invested in financial instruments may be invested in debt instruments or money market instruments with a term not to exceed 365 days, or reverse repurchase agreements with a term not to exceed 30 days.