Question: please do it clearly Your group has been assigned two exchange traded funds available for investment in Canada. 1. Horizons US Dollar Currency ETF [12
Your group has been assigned two exchange traded funds available for investment in Canada. 1. Horizons US Dollar Currency ETF [12 marks] a) What was the rate of return for this ETF in 2020 ? b) What is this ETF's ticker symbol and exchange(s) on which it trades. c) How much is the management fee? d) Who is the portfolio manager for this fund? e) What are its top ten holdings? f) How often does this fund make distributions? What was the amount of the most recent distribution? g) Is this fund appropriate for investors who have a shortterm time horizon? Explain. h) Is this fund appropriate for investors who have a longterm time horizon? Explain. 2. Horizons S\&P 500 Index ETF: [12 marks] a) What was the rate of return for this ETF in 2020? b) What is this ETF's ticker symbol and exchange(s) on which it trades. c) How much is the management fee? d) Who is the portfolio manager for this fund? e) What are its top ten holdings? f) How often does this fund make distributions? What was the amount of the most recent distribution? g) Is this fund appropriate for investors who have a shortterm time horizon? Explain. h) Is this fund appropriate for investors who have a longterm time horizon? Explain. 3. Compare the two ETFs that you have examined. What are the relative advantages and disadvantages of the two ETFs? Be specific with your comparisons. [ 6 marks]
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