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May 11, 2022
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ETF supplies direct exposure to North American-listed manufacturers of copper

TORONTO, Might 11, 2022/ CNW/ – Horizons ETFs Management ( Canada) Inc. (“ Horizons ETFs“) is delighted to reveal the upcoming launch of the Horizons Copper Producers Index ETF (“ COPP” or the “ ETF“). Systems of the ETF will start trading on Tuesday, May 17, 2022 on the Toronto Stock Market (“ TSX“) under the ticker sign COPP.

COPP is Canada’s very first ETF to supply direct exposure solely to business associated with copper mining. Among the world’s earliest commercial metals, copper continues to end up being significantly essential to the manufacture these days’s facilities and innovations, consisting of metropolitan structures, electronic devices producing and especially, as an essential input for electrical car production and renewable resource growth. The product is typically described as “Dr. Copper” considered that its usage is typically utilized as a bellwether for worldwide financial activity, with increases in copper use generally representing durations of worldwide financial growth.

More than any other metal today, copper is probably the most essential for sustaining the future of worldwide development,” stated Steve Hawkins, President and CEO of Horizons ETFs. “ A crucial metal for electrical conduction, for years, copper usage has actually progressively increased as nations– especially in Asia— have actually gone through huge financial growth. Now, with the need driven by the green energy and electrical car boom, copper might continue to take advantage of its use in the innovative innovations of tomorrow.”

COPP looks for to duplicate, to the level possible and web of costs, the Solactive North American Listed Copper Producers Index (the “ Index“). The Index is developed to supply direct exposure to the efficiency of business active in copper ore mining. Constituents will consist of little, mid, and large-capitalization business noted on North American exchanges. COPP might likewise buy business which are headquartered beyond The United States And Canada that have a North American Listing.

ETF Call


Management Charge

Horizons Copper Producers Index ETF



Business consisted of in the Index are categorized as “Pure Play” or “Diversified”. “Pure-Play” business are business that have copper-ore mining as their core service whereas “Diversified” are business that have copper production as a substantial service line, however have other mining and production operations aside from copper.

As a vital element of electrical facilities and devices, copper has a crucial function in assisting attain an international low-carbon energy future. Renewable resource systems, consisting of wind, solar and hydropower, need copper to create, send and keep electrical power. Copper is likewise crucial for electrical lorries, which can utilize more than double the copper of an internal combustion engine car.

” With current market volatility, numerous financiers have actually looked for to surpass increasing expenses through direct exposure to products, which have actually traditionally supplied assistance versus inflationary pressures,” stated Mr. Hawkins. “ According to Bloomberg ¹, over a 24-year duration, copper has actually traditionally been an efficient hedge versus inflation, 2nd just to energy. ‘Dr. Copper’ does not just detect development, it can deal with the unfavorable inflationary negative effects, too.”

The management cost for the ETF is 0.65% plus suitable sales taxes.

COPP will close its preliminary offering of systems to its designated broker at the close of service on May 13, 2022, and will start trading on the TSX on Might 17, 2022

For additional details about COPP, please check out: www.HorizonsETFs.com/COPP

About Horizons ETFs Management ( Canada) Inc. ( www.HorizonsETFs.com)

Horizons ETFs Management ( Canada) Inc. is an ingenious monetary services business and provides among the biggest suites of exchange traded funds in Canada The Horizons ETFs item household consists of a broadly varied variety of options for financiers of all experience levels to fulfill their financial investment goals in a range of market conditions. Horizons ETFs has more than $ 22 billion of possessions under management and 104 ETFs noted on significant Canadian stock market.

¹ More Valuable Than Gold? Copper’s the Better Inflation Hedge, Bloomberg, June 27, 2017

Commissions, management charges and costs all might be connected with a financial investment in exchange traded items (the “Horizons Exchange Traded Products”) handled by Horizons ETFs Management ( Canada) Inc. The Horizons Exchange Traded Products are not ensured, their worths alter often and past efficiency might not be duplicated. The prospectus includes essential in-depth details about the Horizons Exchange Traded Products. Please check out the appropriate prospectus prior to investing.

Specific declarations herein might make up a positive declaration, consisting of those determined by the expression “anticipate” and comparable expressions (consisting of grammatical variations thereof). The positive declarations are not historic realities however show the author’s present expectations concerning future outcomes or occasions. These positive declarations undergo a variety of dangers and unpredictabilities that might trigger real outcomes or occasions to vary materially from present expectations. These and other aspects need to be thought about thoroughly and readers need to not position unnecessary dependence on such forward looking declarations. These positive declarations are made since the date hereof and the authors do not carry out to upgrade any positive declaration that is consisted of herein, whether as an outcome of brand-new details, future occasions or otherwise, unless needed by suitable law.

The monetary instrument is not sponsored, promoted, offered or supported in any other way by Solactive AG nor does Solactive AG use any reveal or implicit assurance or guarantee either with regard to the outcomes of utilizing the Index and/or Index brand name or the Index Rate at any time or in any other regard. The Index is computed and released by Solactive AG. Solactive AG utilizes its best shots to make sure that the Index is computed properly. Regardless of its responsibilities towards the Company, Solactive AG has no commitment to explain mistakes in the Index to 3rd parties consisting of however not restricted to financiers and/or monetary intermediaries of the monetary instrument. Neither publication of the Index by Solactive AG nor the licensing of the Index or Index brand name for the function of usage in connection with the monetary instrument makes up a suggestion by Solactive AG to invest capital in stated monetary instrument nor does it in any method represent a guarantee or viewpoint of Solactive AG with regard to any financial investment in this monetary instrument.

SOURCE Horizons ETFs Management ( Canada) Inc.

View initial material: http://www.newswire.ca/en/releases/archive/May2022/11/c1176.html

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