Description

Gold has historically served as a reliable safe haven for investors, maintaining its value during periods of market instability and economic ambiguity, while also acting as a safeguard against currency devaluation. Including gold in a portfolio can enhance diversification, given its low correlation with other asset classes, and offer protection against inflationary pressures and falling real interest rates. HUG provides a straightforward and transparent way to gain exposure to gold's price movements by investing in the regulated futures market, thereby eliminating the need for direct self-custody. The fund's goal is to track the performance of the Solactive Gold Front Month MD Rolling Futures Index ER, prior to the impact of fees, expenses, and trading costs. Furthermore, any U.S. dollar-denominated profits or losses from its investments are diligently hedged back into Canadian dollars.