- Evolve Cyber Security Index Fund (CYBR)
- Evolve Cyber Security Index Fund (CYBR.B)
- Evolve Cyber Security Index Fund (CYBR.U)
Q: I looked up CYBR after watching the podcast, and it appears there are three ETF's, CYBR.B, CYBR.U, and CYBR (hedged). Which one was the ETF discussed, and what are the differences? Thanks.
5i Research Answer:
In the podcast we were mostly referencing the ETF and its holdings in general, but we would prefer the unhedged (CYBR.B) version.
CYBR is hedged to the Canadian dollar, CYBR.B is unhedged (meaning that it will appreciate/depreciate the exact same as the underlying US holdings), and CYBR.U is denominated in US dollars.