UCSH.U
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 ?
$26,350,607
As at April 25, 2024
Consolidated Prior Day Volume ?
40 907
For April 25, 2024
Average Daily Trading Volume Over a 12 Month Period ?
20,974
As at April 25, 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
Distribution Metrics
Most Recent Distributions Per Unit
$0.21600
12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
March 28, 2024
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 | 03/28/2024 | 03/28/2024 | 04/05/2024 | 0.216 | — | Monthly |
| 2024 | 01/31/2024 | 01/31/2024 | 02/07/2024 | 0.1 | — | Monthly |
Top 10 Holdings
As at April 25, 2024| Security Name | Weight |
|---|---|
| NATIONAL BANK CASH ACCT . | 49.73% |
| SCOTIA CASH ACCOUNT . | 47.36% |
| CIBC Bank CASH ACCT . | 2.50% |
| CASH | 0.42% |
Holdings are subject to change. Download full prior business day: Holdings
Regulatory and Legal
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 ?
$26,350,607
As at April 25, 2024
Consolidated Prior Day Volume ?
40 907
ForApril 25, 2024
Average Daily Trading Volume Over a 12 Month Period ?
20,974
As at April 25, 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
Distribution Metrics
As at April 25, 2024
Most Recent Distributions Per Unit
0.216
12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
March 28, 2024
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 | 03/28/2024 | 03/28/2024 | 04/05/2024 | 0.216 | Monthly | |
| 2024 | 01/31/2024 | 01/31/2024 | 02/07/2024 | 0.1 | Monthly |
Holdings
Top 10 Holdings
As at April 25, 2024| Security Name | Weight |
|---|---|
| NATIONAL BANK CASH ACCT . | 49.73% |
| SCOTIA CASH ACCOUNT . | 47.36% |
| CIBC Bank CASH ACCT . | 2.50% |
| CASH | 0.42% |
Holdings are subject to change. Download full prior business day: Holdings
Documents
