Global X Cash Maximizer Corporate Class ETF
HSAV invests almost all of its assets in high-interest deposit accounts with Canadian chartered banks, which provide a higher interest rate than a traditional savings account.
HSAV 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.
HSAV is not expected to make taxable distributions, which could enhance the after-tax performance of HSAV versus other cash savings vehicles, particularly if held in a taxable account.
NAV
$110.86
$0.0146
0.01%
Volume Real-time volume on the Toronto Stock Exchange only
31,052
Price
$111.59
$0.17
0.15%
Last Close
$111.42
Prices delayed by 15 minutes.
Last Trade: May 1, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
Low
Ticker
HSAV
CUSIP
379939101
Inception Date
February 5, 2020
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$2,242,156,756
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
112,439
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
75,544
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 Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
0.20% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
0.00% As at December 31, 2023
Currency
CAD
Currency Hedging
N/A
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
549300JPFZFLBNXUKS98
Gross Yield
5.04% As at May 1, 2024
As at April 30, 2024
NAV / Unit
$110.86
Price
$111.59
Premium Discount
$0.40
Premium Discount Percentage
0.36%
Outstanding Shares
20,225,000
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.
|
dates |
1 mo | 3 mo | 6 mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR* |
|---|---|---|---|---|---|---|---|---|---|
| Global X Cash Maximizer Corporate Class ETF | 0.37 | 1.22 | 2.55 | 1.22 | 5.17 | 3.03 | - | - | 2.41 |
*Fund performance since inception on February 5, 2020, as at March 31, 2024
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Global X Cash Maximizer Corporate Class ETF | - | - | - | - | - | 0.65 | 2.28 | 5.13 |
As at April 30, 2024
Security Name
Weight
NATIONAL BANK CASH ACCT .
84.13%
CIBC CASH ACCOUNT .
15.84%
CASH
0.03%
Holdings are subject to change.