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As of January 10, 2014 Horizons Silver Yield ETF has gone out of business. Horizons Silver Yield ETF is an exchange traded fund launched by AlphaPro Management Inc. It is co-managed by Horizons Investment Management Inc. and Auspice Capital Advisors Ltd. The fund invests in the commodity markets. It uses futures, forwards, options and swap contracts to invest in silver and to gain exposure to the HAP Silver Yield Fund. The fund seeks to track the price of silver bullion hedged to the Canadian dollar. Horizons Silver Yield ETF was formed on March 1, 2012 and is domiciled in Canada.
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