HUC
Crude Oil Investing Redefined
For those investors who are bullish on oil, the most accurate way to invest in the commodity is to invest in the futures contracts for that commodity. Horizons Crude Oil ETF (HUC) seeks to provide investors exposure to the performance of the Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER.
Key Features
• Single long exposure to the global benchmark price of oil
• One contract roll per year in June to the next December delivery month contract, which reduces the negative roll yield caused by a monthly roll
• Currency hedged to the Canadian dollar providing pure exposure to the commodity
• Intraday Liquidity
Investment Objective
HUC seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER. HUC is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of the ETF’s ability.
Fund Details
Ticker
HUC
Inception Date
June 24, 2009
Net Assets ?
$26,831,519
As at December 06, 2022
Consolidated Prior Day Volume ?
22,062
For December 06, 2022
Average Daily Trading Volume Over a 12 Month Period ?
45,072
As at December 06, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLCCLZ1
Management Fee
0.75%
(Plus applicable sales tax)
Management Expense Ratio ?
0.88%
As at June 30, 2022
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
5493002LS9WP283EI911
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 Crude Oil ETF | 2.00 | -2.17 | -11.72 | 27.34 | 42.00 | 19.56 | 12.03 | 0.22 | 0.32 | Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index (Excess Return) | 1.94 | -2.22 | -11.53 | 28.49 | 43.56 | 21.88 | 13.51 | 1.74 | 2.08 |
**Fund performance since inception on June 24, 2009, as at November 30, 2022
Calendar Year Performance (%) *
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons Crude Oil ETF |
-30.76 | -30.30 | 23.28 | -3.63 | -12.26 | 20.41 | -20.79 | 57.00 | Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index (Excess Return) | -30.01 | -28.38 | 26.75 | -2.42 | -11.84 | 20.64 | -18.59 | 60.41 |
The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.
Distributions
Distribution data is not currently available.
Commodity Rolls
As at December 08, 2022| Name | Weighting |
|---|---|
| Winter-term Crude Oil December 2023 | 100.00% |
Click here for more information on Crude Oil futures
Education
Regulatory and Legal
At a Glance
Crude Oil Investing Redefined
For those investors who are bullish on oil, the most accurate way to invest in the commodity is to invest in the futures contracts for that commodity. Horizons Crude Oil ETF (HUC) seeks to provide investors exposure to the performance of the Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER.
Key Features
• Single long exposure to the global benchmark price of oil
• One contract roll per year in June to the next December delivery month contract, which reduces the negative roll yield caused by a monthly roll
• Currency hedged to the Canadian dollar providing pure exposure to the commodity
• Intraday Liquidity
Product Facts
Investment Objective
HUC seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER. HUC is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of the ETF’s ability.
Fund Details
Ticker
HUC
Inception Date
June 24, 2009
Net Assets ?
$26,831,519
As at December 06, 2022
Consolidated Prior Day Volume ?
22,062
For December 06, 2022
Average Daily Trading Volume Over a 12 Month Period ?
45,072
As at December 06, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLCCLZ1
Management Fee
0.75%
(Plus applicable sales tax)
Management Expense Ratio ?
0.88%
As at June 30, 2022
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
5493002LS9WP283EI911
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 Crude Oil ETF | 2.00 | -2.17 | -11.72 | 27.34 | 42.00 | 19.56 | 12.03 | 0.22 | 0.32 | Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index (Excess Return) | 1.94 | -2.22 | -11.53 | 28.49 | 43.56 | 21.88 | 13.51 | 1.74 | 2.08 |
**Fund performance since inception on June 24, 2009, as at November 30, 2022
Calendar Year Performance (%)
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|
| Horizons Crude Oil ETF | -30.76 | -30.30 | 23.28 | -3.63 | -12.26 | 20.41 | -20.79 | 57.00 | Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index (Excess Return) | -30.01 | -28.38 | 26.75 | -2.42 | -11.84 | 20.64 | -18.59 | 60.41 |
The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.
Distributions
Distribution data is not currently available.
Holdings
Commodity Rolls
As at December 08, 2022| Name | Weighting |
|---|---|
| Winter-term Crude Oil December 2023 | 100.00% |
Click here for more information on Crude Oil futures
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