Horizons Exchange Traded Funds and BetaPro Management, units of Jovian Capital, have unveiled two new exchange-traded funds. The Horizons BetaPro COMEX Gold Inverse ETF will seek to replicate 100% the inverse of the daily performance of the COMEX gold futures contract for a subsequent delivery month.
The Horizons COMEX Silver Inverse ETF will seek to follow 100% the inverse of the daily performance of the COMEX silver futures contract for a subsequent delivery month. Both the funds will be listed on the Toronto Stock Exchange.
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