COPP
Exposure to the Copper Producers Fueling Global Growth
Horizons Copper Producers Index ETF (COPP) is the first ETF in Canada to provide exclusive exposure to companies involved in copper ore mining.
Copper is an important metal to global expansion as it is integral to equipment manufacturing, infrastructure, vehicles and industrial purposes.
Key Features
• Correlated to Copper: COPP is designed to provide exposure to companies with significant exposure to copper production and the price of copper
• Growing Demand: Exposure to a commodity that benefits from increased demand for electrical infrastructure expansion, which includes traditional urban infrastructure, as well as alternative energy and electric vehicles
• Enabling a Cleaner Future: Copper is a key base metal used in renewable energy and electric vehicle production
• An Inflationary Sector: Historically, copper has benefitted from rising commodity prices and global inflation1
1More Precious Than Gold? Copper’s The Better Inflation Hedge, Bloomberg Intelligence, June 27, 2017
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 ?
$8,197,572
As at November 30, 2022
Consolidated Prior Day Volume ?
4,189
For November 30, 2022
Average Daily Trading Volume Over a 12 Month Period ?
3,272
As at November 30, 2022
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 ?
N/A - New ETF
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
549300UMBJ7KF1J18C13
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 (%) *
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Calendar Year Performance (%) *
Calendar year performance data is not currently available.
Distributions
Distribution data is not currently available.
Top 10 Holdings
As at November 25, 2022| Security Name | Weight |
|---|---|
| Turquoise Hill Resources Ltd | 12.21% |
| Southern Copper Corp | 11.29% |
| Freeport-McMoRan Inc | 11.02% |
| CAPSTONE COPPER CORP . | 9.27% |
| First Quantum Minerals Ltd | 9.12% |
| Lundin Mining Corp | 8.01% |
| Filo Mining Corp | 7.80% |
| Hudbay Minerals Inc | 6.79% |
| Ero Copper Corp | 5.15% |
| Rio Tinto PLC - ADR | 5.11% |
Holdings are subject to change. Download full prior business day: Holdings
Education
Regulatory and Legal
At a Glance
Exposure to the Copper Producers Fueling Global Growth
Horizons Copper Producers Index ETF (COPP) is the first ETF in Canada to provide exclusive exposure to companies involved in copper ore mining.
Copper is an important metal to global expansion as it is integral to equipment manufacturing, infrastructure, vehicles and industrial purposes.
Key Features
• Correlated to Copper: COPP is designed to provide exposure to companies with significant exposure to copper production and the price of copper
• Growing Demand: Exposure to a commodity that benefits from increased demand for electrical infrastructure expansion, which includes traditional urban infrastructure, as well as alternative energy and electric vehicles
• Enabling a Cleaner Future: Copper is a key base metal used in renewable energy and electric vehicle production
• An Inflationary Sector: Historically, copper has benefitted from rising commodity prices and global inflation1
1More Precious Than Gold? Copper’s The Better Inflation Hedge, Bloomberg Intelligence, June 27, 2017
Product Facts
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 ?
$8,197,572
As at November 30, 2022
Consolidated Prior Day Volume ?
4,189
For November 30, 2022
Average Daily Trading Volume Over a 12 Month Period ?
3,272
As at November 30, 2022
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 ?
N/A - New ETF
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
549300UMBJ7KF1J18C13
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
Holdings
Top 10 Holdings
As at November 25, 2022| Security Name | Weight |
|---|---|
| Turquoise Hill Resources Ltd | 12.21% |
| Southern Copper Corp | 11.29% |
| Freeport-McMoRan Inc | 11.02% |
| CAPSTONE COPPER CORP . | 9.27% |
| First Quantum Minerals Ltd | 9.12% |
| Lundin Mining Corp | 8.01% |
| Filo Mining Corp | 7.80% |
| Hudbay Minerals Inc | 6.79% |
| Ero Copper Corp | 5.15% |
| Rio Tinto PLC - ADR | 5.11% |
Holdings are subject to change. Download full prior business day: Holdings
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