Key stats
About GLOBAL X USD CASH MAXIMIZER CORP SHS ETF
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Inception date
Feb 5, 2020
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
The fund actively and primarily invests in a portfolio of high interest deposit accounts with one or more chartered banks from Canada. The fund may also invest in high quality debt securities with a term to maturity of one year or less including treasury bills and promissory notes issued by the Canadian government. Besides the allocation and maturity of the securities, the decision to pay dividends is also at the discretion of the manager. The fund is designed for investors who are seeking modest capital growth from a portfolio delivering efficient exposure to the potential of Canadian high interest deposit accounts.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
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Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HSAV assets under management is 1.89 B CAD. It's risen 0.18% over the last month.
HSAV fund flows account for −433.16 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HSAV doesn't pay dividends to its holders.
HSAV shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Feb 5, 2020, and its management style is Active.
HSAV expense ratio is 0.20% meaning you'd have to pay 0.20% of your investment to help manage the fund.
HSAV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HSAV invests in cash.
HSAV price has risen by 0.17% over the last month, and its yearly performance shows a 3.26% increase. See more dynamics on HSAV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.20% over the last month, showed a 0.58% increase in three-month performance and has increased by 3.36% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.20% over the last month, showed a 0.58% increase in three-month performance and has increased by 3.36% in a year.
HSAV trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.