Global X Copper Producers Index ETF (COPP.TO)

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This investment focuses on copper, a commodity poised for growth due to the escalating global demand for electrical infrastructure. This demand encompasses both established urban networks and the rapidly expanding sectors of alternative energy and electric vehicles. As a critical base metal, copper is integral to the production of renewable energy systems and electric vehicles. Historically, copper has demonstrated resilience amidst rising commodity prices and global inflation, with some analysis even suggesting it can be a superior inflation hedge ("More Precious Than Gold? Copper’s The Better Inflation Hedge," Bloomberg Intelligence, June 27, 2017). The Global X Copper Producers Index ETF (COPP) aims to closely track, net of expenses, an index composed of North American-listed companies primarily involved in copper ore mining. Specifically, COPP currently seeks to replicate the performance of the Solactive North American Listed Copper Producers Index, after accounting for fees. Additionally, the fund consistently hedges all U.S. dollar portfolio exposure back to the Canadian dollar.