Jovian Capital and its units Horizons Exchange Traded Funds and BetaPro Management have rolled out the world’s first gold/silver spread ETFs. The fund started trading on the Toronto Stock Exchange on August 18. The ETFs are the Horizons BetaPro COMEX Long Gold/Short Silver ETF and the Horizons BetaPro COMEX Long Silver/Short Gold ETF. Both ETFs will be rebalanced daily, ensuring that they get equal exposure to their long index and short index.
Click here for the release from Canada Newswire.