October 27, 2016, Auspice Capital Advisors Ltd. (“Auspice”), a leading alternative investment manager, announced the launch of the Canadian Natural Gas Index ETF (“GAS”) and the Canadian Natural Gas Index ("CGI") on the TSX. The new natural gas ETF, GAS, tracks performance of the Canadian Natural Gas Excess Return Index. GAS and CGI allow investors and market participants to actively monitor and speculate outright on the price of Canadian natural gas.
GAS and the CGI are the only ETF and retail benchmark globally tied to natural gas produced in Canada. Until now, there has been no other "pure play" for investors outside the wholesale marketplace to take advantage of and use to directly express a position in this important commodity.
Fasken Martineau advised Auspice Capital Advisors Ltd. with a team led by Garth Foster and including Munier Saloojee, Mitch Thaw and Andrew Kruyne.
