Key stats
About GLOBAL X USD CASH MAXIMIZER CORP CL ETF SHS
Expense ratio
2.79%
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Inception date
Jun 30, 2020
The fund actively and primarily invests in a portfolio of high interest USD 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 US dollar denominated treasury bills and promissory notes issued by the US and Canadian governments. 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 USD deposit accounts.
Classification
What's in the fund
Exposure type
Corporate
Cash
Bonds, Cash & Other100.00%
Corporate58.95%
Cash41.05%
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