CASH
Maximize your Savings Potential
Gross Yield: 5.02% (Last change as of January 26, 2023)
Horizons High Interest Savings ETF (CASH) seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest deposit accounts with Canadian banks.
Key Features
• Enhanced Savings Potential: CASH invests almost all of its assets in high interest deposit accounts with one or more Canadian chartered banks which provide a higher interest rate than a traditional savings account
• Daily Liquidity: CASH is an ETF so it can be purchased or sold anytime throughout the trading day. This is a key advantage versus other high interest savings vehicles, which typically have minimum holding periods or investment amounts
• Monthly Income: It is anticipated that CASH will make distributions to its Unitholders on a monthly basis
Although CASH primarily invests in bank deposit accounts, it is not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer.
Investment Objective
CASH seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest deposit accounts with Canadian banks.
Gross Yield: 5.02% (Last change as of January 26, 2023)
Fund Details
Ticker
CASH
Inception Date
November 01, 2021
Net Assets ?
$1,672,547,631
As at January 26, 2023
Consolidated Prior Day Volume ?
489,685
For January 26, 2023
Average Daily Trading Volume Over a 12 Month Period ?
265,453
As at January 26, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.10%
(Plus applicable sales tax)
Management Expense Ratio ?
0.13%
As at June 30, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
5493005QRZSLXTMX0113
Gross Yield
5.02%
Last change as of January 26, 2023
Distribution Metrics
Most Recent Distributions Per Unit
0.18872
Estimated Annualized Yield ?
4.51 %
12-Month Trailing Yield ?
2.35 %
Distribution Frequency
Monthly
Record Date
December 30, 2022
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Annualized Performance (%) *
| 1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
|---|---|---|---|---|---|---|---|---|---|
| Horizons High Interest Savings ETF | 0.38 | 1.04 | 1.79 | 2.32 | 2.32 | -- | -- | -- | 2.04 |
**Fund performance since inception on November 01, 2021, as at December 31, 2022
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons High Interest Savings ETF |
-- | -- | -- | -- | -- | -- | -- | 2.32 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2022 | 12/30/2022 | 12/30/2022 | 01/12/2023 | 0.18872 | — | Monthly |
| 2022 | 11/30/2022 | 11/30/2022 | 12/12/2022 | 0.17283 | — | Monthly |
| 2022 | 10/31/2022 | 10/31/2022 | 11/10/2022 | 0.16464 | — | Monthly |
| 2022 | 09/29/2022 | 09/29/2022 | 10/13/2022 | 0.1392 | — | Monthly |
| 2022 | 08/31/2022 | 08/31/2022 | 09/13/2022 | 0.10328 | — | Monthly |
| 2022 | 07/29/2022 | 07/29/2022 | 08/11/2022 | 0.11866 | — | Monthly |
| 2022 | 06/30/2022 | 06/30/2022 | 07/13/2022 | 0.0761 | — | Monthly |
| 2022 | 05/31/2022 | 05/31/2022 | 06/10/2022 | 0.05462 | — | Monthly |
| 2022 | 04/29/2022 | 04/29/2022 | 05/11/2022 | 0.05462 | — | Monthly |
| 2022 | 03/31/2022 | 03/31/2022 | 04/12/2022 | 0.02564 | — | Monthly |
| 2022 | 02/28/2022 | 02/28/2022 | 03/10/2022 | 0.02564 | — | Monthly |
| 2022 | 01/31/2022 | 01/31/2022 | 02/10/2022 | 0.02564 | — | Monthly |
| 2021 | 12/31/2021 | 12/31/2021 | 01/13/2022 | 0.02564 | — | Monthly |
Education
Regulatory and Legal
At a Glance
Maximize your Savings Potential
Gross Yield: 5.02% (Last change as of January 26, 2023)
Horizons High Interest Savings ETF (CASH) seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest deposit accounts with Canadian banks.
Key Features
• Enhanced Savings Potential: CASH invests almost all of its assets in high interest deposit accounts with one or more Canadian chartered banks which provide a higher interest rate than a traditional savings account
• Daily Liquidity: CASH is an ETF so it can be purchased or sold anytime throughout the trading day. This is a key advantage versus other high interest savings vehicles, which typically have minimum holding periods or investment amounts
• Monthly Income: It is anticipated that CASH will make distributions to its Unitholders on a monthly basis
Although CASH primarily invests in bank deposit accounts, it is not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer.
Product Facts
Investment Objective
CASH seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest deposit accounts with Canadian banks.
Gross Yield: 5.02% (Last change as of January 26, 2023)
Fund Details
Ticker
CASH
Inception Date
November 01, 2021
Net Assets ?
$1,672,547,631
As at January 26, 2023
Consolidated Prior Day Volume ?
489,685
For January 26, 2023
Average Daily Trading Volume Over a 12 Month Period ?
265,453
As at January 26, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.10%
(Plus applicable sales tax)
Management Expense Ratio ?
0.13%
As at June 30, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
5493005QRZSLXTMX0113
Gross Yield
5.02%
Last change as of January 26, 2023
Distribution Metrics
Most Recent Distributions Per Unit
0.18872
Estimated Annualized Yield ?
4.51%
12-Month Trailing Yield ?
2.35%
Distribution Frequency
Monthly
Record Date
December 30, 2022
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Performance & Distributions
Annualized Performance (%) *
| 1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
|---|---|---|---|---|---|---|---|---|---|
| Horizons High Interest Savings ETF | 0.38 | 1.04 | 1.79 | 2.32 | 2.32 | -- | -- | -- | 2.04 |
**Fund performance since inception on November 01, 2021, as at December 31, 2022
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons High Interest Savings ETF | -- | -- | -- | -- | -- | -- | -- | 2.32 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2022 | 12/30/2022 | 12/30/2022 | 01/12/2023 | 0.18872 | Monthly | |
| 2022 | 11/30/2022 | 11/30/2022 | 12/12/2022 | 0.17283 | Monthly | |
| 2022 | 10/31/2022 | 10/31/2022 | 11/10/2022 | 0.16464 | Monthly | |
| 2022 | 09/29/2022 | 09/29/2022 | 10/13/2022 | 0.1392 | Monthly | |
| 2022 | 08/31/2022 | 08/31/2022 | 09/13/2022 | 0.10328 | Monthly | |
| 2022 | 07/29/2022 | 07/29/2022 | 08/11/2022 | 0.11866 | Monthly | |
| 2022 | 06/30/2022 | 06/30/2022 | 07/13/2022 | 0.0761 | Monthly | |
| 2022 | 05/31/2022 | 05/31/2022 | 06/10/2022 | 0.05462 | Monthly | |
| 2022 | 04/29/2022 | 04/29/2022 | 05/11/2022 | 0.05462 | Monthly | |
| 2022 | 03/31/2022 | 03/31/2022 | 04/12/2022 | 0.02564 | Monthly | |
| 2022 | 02/28/2022 | 02/28/2022 | 03/10/2022 | 0.02564 | Monthly | |
| 2022 | 01/31/2022 | 01/31/2022 | 02/10/2022 | 0.02564 | Monthly | |
| 2021 | 12/31/2021 | 12/31/2021 | 01/13/2022 | 0.02564 | Monthly |
Holdings
Documents
