COPP
Investment Objective
COPP seeks to replicate, to the extent possible and net of expenses, the performance of an index that is designed to provide exposure to the performance of companies active in copper ore mining that are listed on select North American stock exchanges. Currently, COPP seeks to replicate the performance of the Solactive North American Listed Copper Producers Index, net of expenses. COPP seeks to hedge any U.S. dollar portfolio exposure back to the Canadian dollar at all times.
Fund Details
Ticker
COPP
Inception Date
May 16, 2022
Net Assets ?
$5,453,402
As at September 28, 2023
Consolidated Prior Day Volume ?
909
For September 28, 2023
Average Daily Trading Volume Over a 12 Month Period ?
2,768
As at September 28, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLNACPN
Management Fee
0.65%
(Plus applicable sales tax)
Management Expense Ratio ?
0.81%
As at June 30, 2023
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
549300UMBJ7KF1J18C13
Distribution Metrics
Most Recent Distributions Per Unit
$0.29377
Annualized Distribution Yield ?
1.12 %
As at September 28, 2023
12-Month Trailing Yield ?
1.03 %
Distribution Frequency
Annual
Record Date
December 30, 2022
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Annualized Performance (%) *
| 1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
|---|---|---|---|---|---|---|---|---|---|
| Horizons Copper Producers Index ETF | -10.33 | 15.53 | 7.01 | 16.27 | 45.67 | -- | -- | -- | 11.82 | Solactive North American Listed Copper Producers Index | -12.00 | 16.68 | 8.29 | 16.85 | 44.16 | -- | -- | -- | 10.53 |
**Fund performance since inception on May 16, 2022, as at August 31, 2023
Calendar Year Performance (%) *
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.29377 | — | Annual |
Top 10 Holdings
As at September 22, 2023| Security Name | Weight |
|---|---|
| Southern Copper Corp | 10.72% |
| Ivanhoe Mines Ltd Cl A | 10.60% |
| Freeport-McMoRan Inc | 10.32% |
| First Quantum Minerals Ltd | 10.18% |
| CAPSTONE COPPER CORP . | 9.90% |
| Lundin Mining Corp | 9.25% |
| Ero Copper Corp | 8.85% |
| Hudbay Minerals Inc | 8.76% |
| FILO CORP . | 8.52% |
| Rio Tinto PLC - ADR | 5.19% |
Holdings are subject to change. Download full prior business day: Holdings
Education
Regulatory and Legal
At a Glance
Investment Objective
COPP seeks to replicate, to the extent possible and net of expenses, the performance of an index that is designed to provide exposure to the performance of companies active in copper ore mining that are listed on select North American stock exchanges. Currently, COPP seeks to replicate the performance of the Solactive North American Listed Copper Producers Index, net of expenses. COPP seeks to hedge any U.S. dollar portfolio exposure back to the Canadian dollar at all times.
Product Facts
Fund Details
Ticker
COPP
Inception Date
May 16, 2022
Net Assets ?
$5,453,402
As at September 28, 2023
Consolidated Prior Day Volume ?
909
ForSeptember 28, 2023
Average Daily Trading Volume Over a 12 Month Period ?
2,768
As at September 28, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLNACPN
Management Fee
0.65%
(Plus applicable sales tax)
Management Expense Ratio ?
0.81%
As at June 30, 2023
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
549300UMBJ7KF1J18C13
Distribution Metrics
As at September 28, 2023
Most Recent Distributions Per Unit
0.29377
Annualized Distribution Yield ?
1.12 %
As at September 28, 2023
12-Month Trailing Yield ?
1.03 %
Distribution Frequency
Annual
Record Date
December 30, 2022
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Performance & Distributions
Annualized Performance (%) *
| 1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
|---|---|---|---|---|---|---|---|---|---|
| Horizons Copper Producers Index ETF | -10.33 | 15.53 | 7.01 | 16.27 | 45.67 | -- | -- | -- | 11.82 | Solactive North American Listed Copper Producers Index | -12.00 | 16.68 | 8.29 | 16.85 | 44.16 | -- | -- | -- | 10.53 |
**Fund performance since inception on May 16, 2022, as at August 31, 2023
Calendar Year Performance (%)
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2022 | 12/29/2022 | 12/30/2022 | 01/12/2023 | 0.29377 | Annual |
Holdings
Top 10 Holdings
As at September 22, 2023| Security Name | Weight |
|---|---|
| Southern Copper Corp | 10.72% |
| Ivanhoe Mines Ltd Cl A | 10.60% |
| Freeport-McMoRan Inc | 10.32% |
| First Quantum Minerals Ltd | 10.18% |
| CAPSTONE COPPER CORP . | 9.90% |
| Lundin Mining Corp | 9.25% |
| Ero Copper Corp | 8.85% |
| Hudbay Minerals Inc | 8.76% |
| FILO CORP . | 8.52% |
| Rio Tinto PLC - ADR | 5.19% |
Holdings are subject to change. Download full prior business day: Holdings
Documents
