The fund are to provide Unitholders with: (i) exposure to the price of gold bullion hedged to the Canadian dollar, less the ETF’s fees and expenses; (ii) tax-efficient monthly distributions; and (iii) in order to mitigate downside risk and generate income, exposure to a covered call option writing strategy. It seeks to achieve its investment objectives by investing, either directly or indirectly, in a portfolio of securities and other instruments that provide exposure to the price of gold bullion (the “Gold Portfolio”).The Gold Portfolio is comprised primarily of exchange-traded funds, which may or may not be managed by the Manager or its affiliates, that are directly or indirectly, and only, exposed to gold bullion but may include gold futures contracts from time to time.
|CGL:CA||iShares Gold Bullion ETF (CAD-..||0.50 %||
|SVR:CA||iShares Silver Bullion ETF (CA..||0.60 %||
|HUG:CA||Horizons Gold ETF||0.75 %||
|HUZ:CA||Horizons Silver ETF||0.75 %||
|HUC:CA||Horizons Crude Oil ETF||0.87 %||
|HNY:CA||Horizons Natural Gas Yield ETF..||2.14 %||
|HUN:CA||Horizons Natural Gas ETF||0.87 %||
|CCX:CA||Canadian Crude Oil Index ETF||0.65 %||
|SBT:CA||Silver Bullion Trust ETF Curre..||0.61 %||
|Market Performance vs.
|Market Performance vs. Exchange|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||7.63%||100%||A+||72%||C-|
|Risk Adjusted Return||24.32%||78%||C+||29%||F|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
The company has under performed its peers on annual average total returns in the past 5 years.