00:14:39 EDT Sat 13 Aug 2022
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Horizons Natural Gas ETF
Symbol HUN
Shares Issued 735,000
Close 2021-10-08 C$ 13.18
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Globe says Horizons Natural Gas has 64% one-year return

2021-10-12 08:15 ET - In the News

The Globe and Mail reports in its Tuesday, Oct. 12, edition that investors seeing more upside in surging natural gas prices can look to exchange traded funds offering exposure, while avoiding the complexities of trading the commodity on the futures market. The Globe's guest columnist Joel Schlesinger writes that Horizons Natural Gas ETF should be good for investors seeking exposure to the commodity. This ETF has $9.8-million assets under management. Management expense ratio or MER stands at 0.88 per cent. It has a one-year return of 64 per cent. This is the only Canadian-listed, pure play natural gas ETF. It offers exposure to the performance of the Solactive Natural Gas Winter MD Rolling Futures Index ER, while hedging to Canadian currency. Adaptive ETF manager Alan Fustey says a concern with this ETF and some other natural gas commodity ETFs is the small number of assets. He says it means the ETF may not have a lot of trading activity, which can lead to wider bid/ask spreads that can cause tracking errors and "an overall lack of liquidity." He also notes that this ETF and most other commodity ETFs do not reflect the movement of daily spot prices, which many investors may not realize.

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