Global X Silver ETF (HUZ.TO) TSX
Currency In CAD
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Currency In CAD
Address
161 Bay Street, Suite 2700
Toronto, ON M5J 2S1
Canada
Phone
1-866-641-5739
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
October 29, 2009
Silver has historically served as a potential safeguard for investors during periods of economic instability, offering a reliable store of value. Additionally, it boasts numerous industrial applications. Gaining exposure to silver's price movements can enhance portfolio diversification, given its generally low correlation with other asset classes, and may also provide a hedge against inflation. HUZ provides a clear and regulated pathway to invest in silver through the futures market, circumventing the need for direct physical custody. The fund aims to replicate the performance of the Solactive Silver Front Month MD Rolling Futures Index ER, before accounting for various fees, expenses, distributions, and transaction costs. HUZ is denominated in Canadian dollars, and any U.S. dollar-based gains or losses stemming from its investments are diligently hedged back into CAD.