Global X High Interest Savings ETF (CASH.TO) TSX
50.02
+0.01(+0.02%)
Currency In CAD
- General
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- Profile
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Global X High Interest Savings ETF
Address
161 Bay Street, Suite 2700
Toronto, ON M5J 2S1
Canada
Phone
416 933 5745
Sector
Financial Services
Industry
Asset Management - Global
Employees
N/A
First IPO Date
November 03, 2021
Key Executives
N/ADescription
CASH invests almost all of its assets in high-interest deposit accounts with one or more Canadian chartered banks, which could provide a higher interest rate than a traditional savings account. CASH 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. Designed to provide a consistent monthly income. CASH seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high-interest deposit accounts with Canadian banks.