
Global X USD Cash Maximizer Corporate Class ETF (HSUV-U.TO)
ETF overview
The Global X USD Cash Maximizer Corporate Class ETF (HSUV.U) strategically places almost all its capital into U.S. dollar-denominated deposit accounts with Canadian chartered banks. These accounts are structured to offer a more appealing interest rate than standard savings options. A significant advantage of HSUV.U is its enhanced liquidity; investors have the flexibility to buy or sell units at any time throughout the trading day. This contrasts sharply with many other high-interest savings products, which often mandate minimum holding periods or investment amounts. HSUV.U's primary objective is to achieve modest capital growth through these elevated-interest U.S. dollar deposit accounts. While the fund's Manager possesses the discretion to issue dividends or other payouts, HSUV.U is not presently expected to provide regular distributions.
Fund facts
- Expense ratio
- 0.20%
- Fund assets
- 777.27M USD (all share classes)
- Issuer
- Global X
- Inception date
- Jun 30, 2020
Breakdown
Historical returns do not guarantee future returns. This is not investment advice.

Global X USD Cash Maximizer Corporate Class ETF (HSUV-U.TO)
- Expense ratio
- 0.20%
- Fund assets
- 777.27M USD (all share classes)
- Issuer
- Global X
- Inception date
- Jun 30, 2020
The Global X USD Cash Maximizer Corporate Class ETF (HSUV.U) strategically places almost all its capital into U.S. dollar-denominated deposit accounts with Canadian chartered banks. These accounts are structured to offer a more appealing interest rate than standard savings options. A significant advantage of HSUV.U is its enhanced liquidity; investors have the flexibility to buy or sell units at any time throughout the trading day. This contrasts sharply with many other high-interest savings products, which often mandate minimum holding periods or investment amounts. HSUV.U's primary objective is to achieve modest capital growth through these elevated-interest U.S. dollar deposit accounts. While the fund's Manager possesses the discretion to issue dividends or other payouts, HSUV.U is not presently expected to provide regular distributions.
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