TSX:HLIT (Horizons Global Lithium Producers Index ETF)
About HLIT
To achieve its investment objective, The Index is designed to provide exposure to the performance of global, publicly listed companies engaged in the mining or production of lithium, lithium compounds, or lithium related components. HLIT seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times. To achieve its investment objective, HLIT invests and holds equity securities of the constituent issuers of the Underlying Index, in substantially the same proportion as its Underlying Index. HLIT may also invest in ADRs or GDRs representing equity securities of Constituent Issuers of its Underlying Index. To the extent permitted, the ETF will generally be fully invested in or exposed to its respective Underlying Index at all times. HLIT seeks to replicate, to the extent possible, the performance of the Solactive Global Lithium Producers Index Bloomberg ticker as SOLGLITN, net of expenses.