Description

The CASH exchange-traded fund (ETF) primarily invests in high-yield deposit accounts held at major Canadian chartered banks. This strategy is designed to offer unitholders potentially superior interest earnings compared to standard savings accounts. A key advantage of CASH is its market liquidity; units can be traded throughout the trading day, distinguishing it from many alternative high-interest savings vehicles which often impose minimum holding periods or investment requirements. Its core objective is to deliver a reliable monthly income, while simultaneously safeguarding capital and ensuring ready access to funds for investors.