Historically, investors have turned to gold as a potential store of value during market volatility and economic uncertainty, and as a hedge against currency fluctuations. Exposure to the performance of gold can be used to diversify your portfolio due to low correlation with other asset classes and can also help protect against rising inflation and declining real interest rates. By investing in the regulated futures market, HUG offers a transparent way of gaining exposure to the price of gold, without the need for self-custody. HUG seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the Solactive Gold Front Month MD Rolling Futures Index ER. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of the ETF’s ability.
Global X Gold ETF · Issued by Global X
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