Skip To Main Content
Global X USD Cash Maximizer Corporate Class ETF

HSUV.U

Reasons to Consider HSUV.U

Maximize Savings Potential

HSUV.U invests almost all of its assets in high-interest U.S. dollar deposit accounts with Canadian chartered banks, which provide a higher interest rate than a traditional savings account.

Daily Liquidity with No Lock-up Periods

HSUV.U can be purchased or sold anytime throughout the trading day, a key advantage versus other high-interest savings vehicles, which typically have minimum holding periods or investment amounts.

Tax Efficiency

HSUV.U is not expected to make taxable distributions, which could enhance the after-tax performance of HSUV.U versus other cash savings vehicles.

Investment Objective

HSUV.U seeks to generate modest capital growth by investing primarily in high interest U.S. dollar deposit accounts with Canadian banks. While any decision to pay dividends or other distributions is within the discretion of the Manager, HSUV.U is not currently expected to make any regular distributions.

NAV

$110.27

$0.0154

0.01%

Volume

34,064

Price

$110.37

$0.12

0.10%

Last Close

$110.26

Prices delayed by 15 minutes.

Last Trade: June 17, 2024
Cash & Ultra Short
Fixed Income
U.S.
Cash & Liquidity
Corporate Class

Risk Rating:

Low

Product Details

Fund Details

Ticker

HSUV.U

CUSIP

379938103

Inception Date

June 30, 2020

Net Assets

$738,828,320 As at June 14, 2024

Consolidated Prior Day Volume

71,670

Average Daily Trading Volume Over a 12 Month Period

33,228

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Management Fee

0.18% (Plus applicable sales tax)

Management Expense Ratio

0.20% As at December 31, 2023

Trading Expense Ratio

0.00% As at December 31, 2023

Currency

USD

Currency Hedging

N/A

LEI

549300PYNK0TU165CF67

Gross Yield

5.32% As at May 1, 2024

Price and NAV

As at June 14, 2024

NAV / Unit

$110.27

Closing Price

$110.37

Premium Discount

$0.10

Premium Discount Percentage

0.09%

Outstanding Shares

6,700,000

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 (%)

dates

1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr SIR*
Global X USD Cash Maximizer Corporate Class ETF 0.43 1.29 2.62 2.18 5.44 3.16 - - 2.48

*Fund performance since inception on June 30, 2020, as at May 31, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X USD Cash Maximizer Corporate Class ETF - - - - - 0.27 1.89 5.29

Top Holdings

As at June 14, 2024

Security Name

Weight

NATIONAL BANK CASH ACCT .

58.83%

CIBC CASH ACCOUNT .

41.13%

CASH

0.03%

Holdings are subject to change.

Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.

Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager, investment manager and trustee of the Global X Funds.

© 2024 Global X Investments Canada Inc. All Rights Reserved.