Horizons ETFs launches global currency fund

By Staff | January 17, 2017 | Last updated on January 17, 2017
1 min read

Horizons ETFs Management (Canada) and its affiliate, AlphaPro Management Inc., have launched the Horizons Absolute Return Global Currency ETF (HARC), which provides long and short exposure to a portfolio of global currencies.

Units of HARC will begin trading on the TSX on January 17th, under the ticker symbol HARC. The fund will be sub-advised by CIBC Asset Management, and it will hold Canadian short-term securities and primarily use short-term financial instruments to gain exposure to selected global currency markets.

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Advisor.ca staff


The staff of Advisor.ca have been covering news for financial advisors since 1998.