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COW

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    69.8104$
  • Previous Close
    70.6763$
  • 52 Week Change
    --
  • Day Range
    -0.87$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The Horizons Global Agribusiness Enhanced Yield ETF, trading under the symbol COW.TO on the Toronto Stock Exchange, is an exchange-traded fund (ETF) designed to provide exposure to the global agribusiness sector. It focuses on companies involved in agriculture, including producers of fertilizers, agricultural chemicals, farm machinery, and packaged foods. The ETF aims to generate enhanced yield through a covered call writing strategy, where the fund sells call options on a portion of its portfolio holdings. This strategy can generate income but may also limit potential upside gains if the underlying assets experience significant price increases.
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Factors

COW.TO price drivers: Supply & Demand: Higher demand, lower supply increases price; lower demand, higher supply reduces price.

Corn Futures: As COW.TO tracks corn prices, futures fluctuations directly impact its value.

Weather: Adverse weather affecting corn harvests can drive up prices.

Government Policy: Subsidies or trade policies can influence corn market dynamics.

Ethanol Production: Corn demand for ethanol impacts corn price and therefore COW.TO.

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