HORIZONS CARBON CREDITS ETF ETF SHSHORIZONS CARBON CREDITS ETF ETF SHSHORIZONS CARBON CREDITS ETF ETF SHS

HORIZONS CARBON CREDITS ETF ETF SHS

No trades
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Key stats

Assets under management (AUM)
‪3.60 M‬CAD
Fund flows (1Y)
‪−1.89 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.7%

About HORIZONS CARBON CREDITS ETF ETF SHS

Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Horizons
Expense ratio
1.07%
Inception date
Feb 9, 2022
Index tracked
Horizons Carbon Credits Rolling Futures Index - CAD - Benchmark TR Net
Management style
Passive
ISIN
CA4404631075
The fund is the first Canadian-listed ETF to provide access to the carbon allowances futures market. The fund tracks an index that provides exposure to cap-and-trade carbon allowances via futures. The index initially holds the European Union Allowances (EUA) futures and targets developed market carbon credit futures. But it can change its components based on its selection criteria, such as the average daily value traded and open interest value over the past three months. The index selects contracts maturing in December of the next one to two years. It weights its components based on the average daily value traded over the last three months, subject to limits. The index reconstitutes and rebalances its portfolio annually in November.

Classification

Asset Class
Commodities
Category
Energy
Focus
Carbon credits
Niche
Extended term
Strategy
Extended term
Weighting scheme
Liquidity
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
ETF
Bonds, Cash & Other100.00%
Cash60.96%
ETF50.11%
Futures−11.08%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy