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DXBG

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

Analysis and statistics

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  • Dividend Per Share
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About

DXBG.TO represents the Horizons US Dollar Currency ETF. This exchange-traded fund seeks to replicate, to the extent possible, the performance of the Solactive US Dollar CAD Cross Rate Index, net of expenses. The index reflects the changes in the relative value of the U.S. dollar versus the Canadian dollar. Essentially, it offers investors exposure to fluctuations in the USD/CAD exchange rate.
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Factors

FactorName: Underlying Gold Price

Explanation: DXBG.TO tracks the price of gold bullion. Fluctuations in the spot price of gold directly impact the fund's value.

FactorName: Currency Exchange Rates

Explanation: As gold is often priced in USD, the CAD/USD exchange rate affects DXBG.TO's value for Canadian investors. A weaker CAD increases the fund's price.

FactorName: Supply and Demand

Explanation: Market demand for DXBG.TO shares can influence its price relative to its net asset value. High demand may push the price higher, and vice versa.

FactorName: Management Fees and Expenses

Explanation: The fund's operating expenses, including management fees, reduce its overall returns, impacting the share price over time.

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