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HSAV

Horizons Cash Maximizer ETF

Price
$102.27
$0.02
0.02%
NAV
$102.2513
$0.0079
0.01%

Benchmark

Corporate Class - Total Return

Fact Sheet
Learn more about HSAV

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$5.30
$0.03
0.57%
NAV
$5.3115
$0.0499
0.95%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HAC

Horizons Seasonal Rotation ETF

Price
$24.74
$0.11
0.45%
NAV
$24.7651
$0.1097
0.44%

Active

Strategic

Fact Sheet
Learn more about HAC
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HSUV.U

Horizons USD Cash Maximizer ETF

Maximize the Savings Potential of U.S. Dollar Accounts

Horizons USD Cash Maximizer ETF (HSUV.U) provides daily liquidity for cash holdings while offering an interest rate that is expected to be competitive with other high interest savings vehicles. HSUV.U seeks to generate modest capital growth by investing primarily in high interest U.S. dollar deposit accounts with Canadian banks.

Key Features

• Gross Yield: 2.71% (Last change as of July 28, 2022)
• Enhanced Savings Potential: HSUV.U invests substantially all of its assets in high- interest U.S. dollar deposit accounts with one or more Canadian chartered banks, which provide a higher interest rate than a traditional savings account with no minimum holding periods
• Daily Liquidity: HSUV.U is an ETF, so it can be purchased or sold any time throughout the trading day. This is a key advantage versus other high interest savings vehicles, which typically have minimum holding periods or investment amounts
• Tax Efficiency: HSUV.U is not expected to make taxable distributions, which should enhance the after-tax performance of HSUV.U versus other cash savings vehicles
• Continuous Reinvestment: Net interest income from the high interest savings accounts are reflected in HSUV.U’s NAV daily

Although HSUV.U primarily invest in bank deposit accounts, HSUV.U is not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer.

Investment Objective

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

If HSUV.U experience a significant increase in total NAV, the Manager may, at its sole discretion and if determined to be in the best interests of shareholders, decide to suspend subscriptions for new ETF shares of the ETF if considered necessary or desirable in order to manage potential tax implications and/or to permit the ETF to achieve, or continue to achieve, its investment objective. During a period of suspended subscriptions, if any, investors should note that ETF shares of HSUV.U would be expected to trade at a premium or substantial premium to the NAV per ETF Share of HSUV.U. During such periods, investors are strongly discouraged from purchasing ETF shares of HSUV.U on a stock exchange. Any suspension of subscriptions or resumption of subscriptions will be announced by press release and announced on the Manager’s website. A suspension of subscriptions, if any, will not affect the ability of existing Shareholders to sell their ETF Shares in the secondary market at a price reflective, or potentially higher than, the NAV per ETF Share.

Fund Details

Ticker
HSUV.U
Inception Date
June 30, 2020
Net Assets ?
$537,615,660
As at August 12, 2022
Consolidated Prior Day Volume ?
26,919
For August 12, 2022
Average Daily Trading Volume Over a 12 Month Period ?
41,666
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
0.18%
(Plus applicable sales tax)
Management Expense Ratio ?
0.18%
As at December 31, 2021
Currency
USD
Currency Hedging
N/A
LEI ?
549300PYNK0TU165CF67
Gross Yield
2.71%
Last change as of July 28, 2022
NAV / Unit
$100.9607
Price
$100.98
Premium Discount
$0.02
Premium Discount Percentage
0.02%
Outstanding Shares
5,325,000

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 USD Cash Maximizer ETF 0.15 0.34 0.44 0.46 0.57 -- -- -- 0.41

**Fund performance since inception on June 30, 2020, as at July 31, 2022

Calendar Year Performance (%) *

2014 2015 2016 2017 2018 2019 2020 2021

Horizons USD Cash Maximizer ETF

-- -- -- -- -- -- -- 0.27

Distributions

Distribution data is not currently available.

Top 10 Holdings

As at May 04, 2022
Security Name Weight
Cash Deposits 100.00%
At a Glance

Maximize the Savings Potential of U.S. Dollar Accounts

Horizons USD Cash Maximizer ETF (HSUV.U) provides daily liquidity for cash holdings while offering an interest rate that is expected to be competitive with other high interest savings vehicles. HSUV.U seeks to generate modest capital growth by investing primarily in high interest U.S. dollar deposit accounts with Canadian banks.

Key Features

• Gross Yield: 2.71% (Last change as of July 28, 2022)
• Enhanced Savings Potential: HSUV.U invests substantially all of its assets in high- interest U.S. dollar deposit accounts with one or more Canadian chartered banks, which provide a higher interest rate than a traditional savings account with no minimum holding periods
• Daily Liquidity: HSUV.U is an ETF, so it can be purchased or sold any time throughout the trading day. This is a key advantage versus other high interest savings vehicles, which typically have minimum holding periods or investment amounts
• Tax Efficiency: HSUV.U is not expected to make taxable distributions, which should enhance the after-tax performance of HSUV.U versus other cash savings vehicles
• Continuous Reinvestment: Net interest income from the high interest savings accounts are reflected in HSUV.U’s NAV daily

Although HSUV.U primarily invest in bank deposit accounts, HSUV.U is not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer.

Product Facts

Investment Objective

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

If HSUV.U experience a significant increase in total NAV, the Manager may, at its sole discretion and if determined to be in the best interests of shareholders, decide to suspend subscriptions for new ETF shares of the ETF if considered necessary or desirable in order to manage potential tax implications and/or to permit the ETF to achieve, or continue to achieve, its investment objective. During a period of suspended subscriptions, if any, investors should note that ETF shares of HSUV.U would be expected to trade at a premium or substantial premium to the NAV per ETF Share of HSUV.U. During such periods, investors are strongly discouraged from purchasing ETF shares of HSUV.U on a stock exchange. Any suspension of subscriptions or resumption of subscriptions will be announced by press release and announced on the Manager’s website. A suspension of subscriptions, if any, will not affect the ability of existing Shareholders to sell their ETF Shares in the secondary market at a price reflective, or potentially higher than, the NAV per ETF Share.

Fund Details

Ticker
HSUV.U
Inception Date
June 30, 2020
Net Assets ?
$537,615,660
As at August 12, 2022
Consolidated Prior Day Volume ?
26,919
For August 12, 2022
Average Daily Trading Volume Over a 12 Month Period ?
41,666
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
0.18%
(Plus applicable sales tax)
Management Expense Ratio ?
0.18%
 As at December 31, 2021
Currency
USD
Currency Hedging
N/A
LEI ?
549300PYNK0TU165CF67
Gross Yield
2.71%
Last change as of July 28, 2022
NAV / Unit
$100.9607
Price
$100.98
Premium Discount
$0.02
Premium Discount Percentage
0.02%
Outstanding Shares
5,325,000

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 USD Cash Maximizer ETF 0.15 0.34 0.44 0.46 0.57 -- -- -- 0.41

**Fund performance since inception on June 30, 2020, as at July 31, 2022

Calendar Year Performance (%)

2014 2015 2016 2017 2018 2019 2020 2021
Horizons USD Cash Maximizer ETF -- -- -- -- -- -- -- 0.27

Distributions

Distribution data is not currently available.

Holdings

Top 10 Holdings

As at May 04, 2022
Security Name Weight
Cash Deposits 100.00%

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!