Key stats
About GLOBAL X USD HIGH INTEREST SAVINGS CLASS A UNITS
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Inception date
Jan 17, 2024
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Physical
Primary advisor
Global X Investments Canada, Inc.
The actively managed fund aims to maximize monthly income while preserving capital and liquidity. It invests in high-interest US dollar deposit accounts with Canadian banks, which are perceived to provide a higher interest rate than a traditional USD savings account. The ETF targets to invest substantially all of its assets in high-interest USD deposit accounts with at least one Canadian chartered banks. The ETF may also invest in high-quality, short-term debt securities, which includes USD-denominated Treasury bills and promissory notes issued or guaranteed by the US or Canadian government or their agencies, as well as USD-denominated bankers acceptances.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| 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