CASH
Maximize your Savings Potential
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
• Gross Yield: 3.01% (Last change as of August 3, 2022)
• 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.
Fund Details
Ticker
CASH
Inception Date
November 01, 2021
Net Assets ?
$327,431,220
As at August 12, 2022
Consolidated Prior Day Volume ?
121,318
For August 12, 2022
Average Daily Trading Volume Over a 12 Month Period ?
77,678
As at August 12, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.14% rebated by 1 BPS (0.01%) to an effective management fee of 13 BPS, OR 0.13%, effective April 15, 2022, until further notice.
(Plus applicable sales tax)
Management Expense Ratio ?
0.12%
As at December 31, 2021
Currency
CAD
Currency Hedging
N/A
LEI ?
5493005QRZSLXTMX0113
Gross Yield
3.01%
Last change as of August 3, 2022
Distribution Metrics
Most Recent Distributions Per Unit
0.11866
Estimated Annualized Yield ?
2.84%
12-Month Trailing Yield ?
0.81%
Distribution Frequency
Monthly
Record Date
July 29, 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 (%) *
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Calendar Year Performance (%) *
Calendar year performance data is not currently available.
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 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
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
• Gross Yield: 3.01% (Last change as of August 3, 2022)
• 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.
Fund Details
Ticker
CASH
Inception Date
November 01, 2021
Net Assets ?
$327,431,220
As at August 12, 2022
Consolidated Prior Day Volume ?
121,318
For August 12, 2022
Average Daily Trading Volume Over a 12 Month Period ?
77,678
As at August 12, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.14% rebated by 1 BPS (0.01%) to an effective management fee of 13 BPS, OR 0.13%, effective April 15, 2022, until further notice.
(Plus applicable sales tax)
Management Expense Ratio ?
0.12%
As at December 31, 2021
Currency
CAD
Currency Hedging
N/A
LEI ?
5493005QRZSLXTMX0113
Gross Yield
3.01%
Last change as of August 3, 2022
Distribution Metrics
Most Recent Distributions Per Unit
0.11866
Estimated Annualized Yield ?
2.84%
12-Month Trailing Yield ?
0.81%
Distribution Frequency
Monthly
Record Date
July 29, 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 (%)
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Calendar Year Performance (%)
Calendar year performance data is not currently available.
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 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
