Key stats
About GLOBAL X GOLD ETF CLASS A SHS
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Inception date
Jun 24, 2009
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund provides exposure to gold. Its underlying index tracks the performance of front month gold futures and rolls the exposure over four days from the active contract into the next month prior to expiration. The futures contracts trade on the Chicago Mercantile Exchange, in which the daily settlement price is determined at 1:30 p.m. Eastern Standard Time on a normal business day. Futures prices can perform very differently from the spot price for gold. The index is reviewed at least annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash91.25%
Miscellaneous8.75%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HUG assets under management is 32.76 M CAD. It's fallen 37.59% over the last month.
HUG fund flows account for 2.81 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HUG doesn't pay dividends to its holders.
HUG shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Jun 24, 2009, and its management style is Passive.
HUG expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
HUG follows the Solactive Gold Front Month MD Rolling Futures Index ER - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HUG invests in cash.
HUG price has fallen by −4.82% over the last month, and its yearly performance shows a 32.05% increase. See more dynamics on HUG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.26% over the last month, have fallen by −1.26% over the last month, showed a 11.13% increase in three-month performance and has increased by 31.68% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.26% over the last month, have fallen by −1.26% over the last month, showed a 11.13% increase in three-month performance and has increased by 31.68% in a year.
HUG trades at a premium (0.30%) meaning the ETF is trading at a higher price than the calculated NAV.