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An ETF for every investor.

HBNK

Horizons Equal Weight Banks Index ETF

Price
$20.96
$0.10
0.48%
NAV
$20.9449
$0.0880
0.42%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

Horizons Short-Term U.S. Treasury Premium Yield ETF

Price
$27.04
$0.10
0.37%
NAV
$27.0305
$0.0888
0.33%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.16
$0.02
0.04%
NAV
$50.1421
$0.0066
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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UCSH.U

Horizons USD High Interest Savings ETF

Enhanced Savings Potential

UCSH.U primarily invests in high-interest U.S. dollar deposit accounts, which provide a higher interest rate than a traditional USD savings account

Capital Preservation

UCSH.U primarily invests in U.S. dollar deposit accounts with Canadian chartered banks, helping investors to invest with confidence

Monthly Income

UCSH.U is expected to make U.S. dollar distributions to its Unitholders on a monthly basis.

Investment Objective

UCSH.U seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest U.S. dollar deposit accounts with Canadian banks.

Fund Details

Ticker
UCSH.U
Inception Date
January 17, 2024
Net Assets ?
$8,776,747
As at  February 23, 2024
Consolidated Prior Day Volume ?
4 565
For  February 23, 2024
Average Daily Trading Volume Over a 12 Month Period ?
9,447
As at  February 23, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.14%
(Plus applicable sales tax)
Management Expense Ratio ?
N/A - New ETF
Currency
USD
Currency Hedging
N/A
LEI ?
5493006FSAZSTSYLJA23
Gross Yield
5.31%
Last change as of February 21, 2024
Most Recent Distributions Per Unit
$0.10000
12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
January 31, 2024
NAV / Unit
$50.1526
Price
$50.18
Premium Discount
$0.03
Premium Discount Percentage
0.05%
Outstanding Shares
175,001

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 (%) *

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2024 01/31/2024 01/31/2024 02/07/2024 0.1 Monthly

Top 10 Holdings

As at February 23, 2024
Security Name Weight
NATIONAL BANK CASH ACCT . 49.76%
SCOTIA CASH ACCOUNT . 42.77%
CIBC Bank CASH ACCT . 7.40%
CASH 0.07%

Holdings are subject to change. Download full prior business day: Holdings

At a Glance

Key Features

Enhanced Savings Potential

UCSH.U primarily invests in high-interest U.S. dollar deposit accounts, which provide a higher interest rate than a traditional USD savings account

Capital Preservation

UCSH.U primarily invests in U.S. dollar deposit accounts with Canadian chartered banks, helping investors to invest with confidence

Monthly Income

UCSH.U is expected to make U.S. dollar distributions to its Unitholders on a monthly basis.

Investment Objective

UCSH.U seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest U.S. dollar deposit accounts with Canadian banks.

Product Facts

Fund Details

Ticker
UCSH.U
Inception Date
January 17, 2024
Net Assets ?
$8,776,747
As at  February 23, 2024
Consolidated Prior Day Volume ?
4 565
ForFebruary 23, 2024
Average Daily Trading Volume Over a 12 Month Period ?
9,447
As at  February 23, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.14%
(Plus applicable sales tax)
Management Expense Ratio ?
N/A - New ETF
Currency
USD
Currency Hedging
N/A
LEI ?
5493006FSAZSTSYLJA23
Gross Yield
5.31%
Last change as of February 21, 2024
Most Recent Distributions Per Unit
0.1
12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
January 31, 2024
NAV / Unit
$50.1526
Price
$50.18
Premium Discount
$0.03
Premium Discount Percentage
0.05%
Outstanding Shares
175,001

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 (%)

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2024 01/31/2024 01/31/2024 02/07/2024 0.1 Monthly
Holdings

Top 10 Holdings

As at February 23, 2024
Security Name Weight
NATIONAL BANK CASH ACCT . 49.76%
SCOTIA CASH ACCOUNT . 42.77%
CIBC Bank CASH ACCT . 7.40%
CASH 0.07%

Holdings are subject to change. Download full prior business day: Holdings

Related Posts

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