Key stats
About HORIZONS EUROPE 50 INDEX ETF NEW ETF SHS
Expense ratio
0.49%
Home page
Inception date
Dec 6, 2016
The fund aims to reflect the returns generated over time through long positions in the EURO STOXX 50 Futures Roll Index that are, in turn, based on the performance of the MSCI EURO STOXX 50 Index. The latter measures the performance of blue-chip stocks from European Union countries which have adopted the Euro as their currency. The index utilizes 19 EURO STOXX sector indices, and ranks its stocks by free-float market capitalization. Its notional portfolio is invested into the first nearby contract of the EURO STOXX 50 Futures, and then rolled into the next nearby contract over a four-day period preceding the expiry date of the futures contracts.
Classification
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash75.62%
Miscellaneous24.38%