Cdn$ Units definition

Cdn$ Units means the class A units of an ETF that are denominated in Canadian dollars, and “Cdn$ Unit” means one of them;

Cdn$ Units means the Units of Horizons HUF.U that are denominated in Canadian dollars, and “Cdn$ Unit” means one of them;

Cdn$ Units means Class A units of a Premium Yield ETF that are denominated in Canadian dollars; “CDS” means CDS Clearing and Depository Services Inc.;

Examples of Cdn$ Units in a sentence

• The management expense ratios and trading expense ratios for the US$ Units of Horizons DLR are substantially the same as the management expense ratios and trading expense ratios for the Cdn Units of Horizons DLR.

• These are considered the most direct economic impacts associated with the host of the disease, resulting in the loss or reduced efficiency of agricultural production.

• These risks relate to the following factors: Price Fluctuations of the U.S. Dollar The Cdn Units of Horizons DLR are designed to reflect the price in Canadian dollars of the U.S. dollar, plus accumulated interest, if any, less the expenses of Horizons DLR.

• When the price of the U.S. dollar declines, the Manager expects the price of the Cdn Units of Horizons DLR to decline as well.

• Investment Objectives Horizons DLR Horizons DLR seeks to reflect the reference value in Canadian dollars (in respect of the Cdn$ Units) and U.S. dollars (in respect of the US$ Units) of the U.S. dollar, net of expenses, by investing primarily in cash and Cash Equivalents that are denominated in the U.S. dollar.

• However, since part of the ETF’s investment objective is to reflect the reference value in Canadian dollars (in respect of the Cdn$ Units) of the U.S. dollar, net of expenses, and approximately 100% of the ETF’s net assets are held in U.S. dollars, the ETF’s net asset value per Cdn$ unit would have moved by approximately $0.13 (2019 - $0.13) per Cdn$ Unit either up or down as a reflection of a 1% change up or down in the value of the U.S. dollar relative to the Canadian dollar.

• However, since part of the ETF’s investment objective is to reflect the reference value in Canadian dollars (in respect of the Cdn$ Units) of the U.S. dollar, net of expenses, and approximately 100% of the ETF’s net assets are held in U.S. dollars, the ETF’s net asset value per Cdn$ unit would have moved by approximately $0.12 (2020 -$0.13) per Cdn$ Unit either up or down as a reflection of a 1% change up or down in the value of the U.S. dollar relative to the Canadian dollar.

More Definitions of Cdn$ Units

Cdn$ Units means Canadian dollar Units of Horizons HEA.U; “CDS” means CDS Clearing and Depository Services Inc.;

Cdn$ Units means Class A units of a Dual Currency ETF that are denominated in Canadian dollars; “CDS” means CDS Clearing and Depository Services Inc.;

Cdn$ Units means Units of an ETF that are denominated in Canadian dollars, and “Cdn$ Unit” means one of them; “CDS” means CDS Clearing and Depository Services Inc.;

Cdn$ Units means Units of an ETF that are offered for sale in Canadian dollars; “CDS” means CDS Clearing and Depository Services Inc.;