First Commodity ETF With Covered Call Feature Launched
(TORONTO) Horizons Exchange Traded Funds Inc. recently announced the launch of three new commodity exchange traded funds which will allow investors to earn a tax-efficient monthly income from exposure to crude oil, natural gas and silver.
Horizons ETFs is the first ETF provider in Canada to offer exchange traded funds that utilize an innovative covered call strategy on commodities. The three new Horizons commodity yield exchange traded funds allow investors to gain exposure to a commodity asset class while earning a tax-efficient monthly income.
The three new Horizons commodity yield exchange traded funds (the “Commodity Yield ETFs” or “ETFs”) allow investors to gain exposure to a commodity asset class while earning a tax-efficient monthly income. All ETFs are tradeable on the Toronto Stock Exchange with immediate effect.
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