Description

The Global X Cash Maximizer Corporate Class ETF (HSAV) primarily deploys its capital into high-yield deposit accounts with leading Canadian financial institutions. These accounts are designed to offer better interest rates than conventional savings products. A key advantage of HSAV is its exceptional liquidity; units can be bought or sold throughout any trading day, a flexibility often absent in other high-interest savings vehicles that may require minimum holding periods or investment sums. The fund aims to achieve moderate capital appreciation from these core investments. While the manager reserves the right to declare distributions, HSAV is not currently projected to make routine dividend payments.