Description

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. 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. 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.