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An ETF for every investor.

CASH

Horizons High Interest Savings ETF

Price
$50.05
$0.01
0.01%
NAV
$50.0397
$0.0067
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$10.68
$-0.14
-1.29%
NAV
$10.8083
$-0.0406
-0.37%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$10.95
$-0.02
-0.18%
NAV
$10.9935
$0.0194
0.18%

Active

Corporate Class – Alternative

Fact Sheet
Learn more about HRAA
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HSAV

Horizons Cash Maximizer ETF

Investment Objective

HSAV seeks to generate modest capital growth by investing primarily in high interest deposit accounts with Canadian banks. While any decision to pay dividends or other distributions is within the discretion of the Manager, HSAV is not currently expected to make any regular distributions.

Horizons Cash Maximizer ETF Suspends New Subscriptions After Reaching Approximately $2 Billion in Assets. Click here to learn more.

Fund Details

Ticker
HSAV
Inception Date
February 05, 2020
Net Assets ?
$2,141,474,987
As at  June 06, 2023
Consolidated Prior Day Volume ?
37 484
For  June 06, 2023
Average Daily Trading Volume Over a 12 Month Period ?
119,074
As at  June 06, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.18%
(Plus applicable sales tax)
Management Expense Ratio ?
0.15%
As at December 31, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
549300JPFZFLBNXUKS98
Gross Yield
5.00%
Last change as of January 26, 2023
NAV / Unit
$105.8826
Price
$106.04
Premium Discount
$0.16
Premium Discount Percentage
0.15%
Outstanding Shares
20,225,000

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 Cash Maximizer ETF 0.43 1.21 2.37 2.00 3.93 1.77 -- -- 1.71

**Fund performance since inception on February 05, 2020, as at May 31, 2023

Calendar Year Performance (%) *

2015 2016 2017 2018 2019 2020 2021 2022

Horizons Cash Maximizer ETF

-- -- -- -- -- -- 0.65 2.28

Distributions

Distribution data is not currently available.

Top 10 Holdings

As at June 06, 2023
Security Name Weight
NATIONAL BANK CASH ACCT . 89.01%
CIBC CASH ACCOUNT . 10.98%
CASH 0.02%
At a Glance

Investment Objective

HSAV seeks to generate modest capital growth by investing primarily in high interest deposit accounts with Canadian banks. While any decision to pay dividends or other distributions is within the discretion of the Manager, HSAV is not currently expected to make any regular distributions.

Horizons Cash Maximizer ETF Suspends New Subscriptions After Reaching Approximately $2 Billion in Assets. Click here to learn more.

Product Facts

Fund Details

Ticker
HSAV
Inception Date
February 05, 2020
Net Assets ?
$2,141,474,987
As at  June 06, 2023
Consolidated Prior Day Volume ?
37 484
ForJune 06, 2023
Average Daily Trading Volume Over a 12 Month Period ?
119,074
As at  June 06, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.18%
(Plus applicable sales tax)
Management Expense Ratio ?
0.15%
 As at December 31, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
549300JPFZFLBNXUKS98
Gross Yield
5.00%
Last change as of January 26, 2023
NAV / Unit
$105.8826
Price
$106.04
Premium Discount
$0.16
Premium Discount Percentage
0.15%
Outstanding Shares
20,225,000

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 Cash Maximizer ETF 0.43 1.21 2.37 2.00 3.93 1.77 -- -- 1.71

**Fund performance since inception on February 05, 2020, as at May 31, 2023

Calendar Year Performance (%)

2015 2016 2017 2018 2019 2020 2021 2022
Horizons Cash Maximizer ETF -- -- -- -- -- -- 0.65 2.28

Distributions

Distribution data is not currently available.

Holdings

Top 10 Holdings

As at June 06, 2023
Security Name Weight
NATIONAL BANK CASH ACCT . 89.01%
CIBC CASH ACCOUNT . 10.98%
CASH 0.02%

Related Posts

At Horizons ETFs, we believe in education as empowerment. We endeavor to equip Canadian investors with the knowledge and tools they need to navigate the investing world. From the ETF basics to more complex topics like how our suite of inverse and leveraged funds work, our comprehensive learning library aims to be accessible for all investors, from beginners to experienced traders!