Key stats
About GLOBAL X HIGH INTEREST SAVINGS ETF UNITS A CAD
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Inception date
Nov 2, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund actively manages a portfolio of high-interest deposit accounts with Canadian chartered banks, which offer a higher interest rate than a traditional savings account. This enables the fund to provide daily liquidity for cash holdings while displaying a competitive interest rate compared to other similar savings vehicles. In seeking to maximize monthly income while preserving capital, the fund may also invest in short-term debt securities, as well as Treasurys and promissory notes issued by the government of Canada and its agencies. Although the fund primarily invests in bank deposit accounts, note that it is not covered by the CDIC or any other government deposit insurer, posing a risk to unitholders. The fund will not engage in securities lending and aims to make distributions on a monthly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CASH last dividends amounted to 0.11 CAD. The month before, the issuer paid 0.11 CAD in dividends,
CASH assets under management is 6.69 B CAD. It's risen 3.23% over the last month.
CASH fund flows account for 1.84 B CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CASH pays dividends to its holders with the dividend yield of 3.67%. The last dividend (May 7, 2025) amounted to 0.10 CAD. The dividends are paid monthly.
CASH shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Nov 2, 2021, and its management style is Active.
CASH expense ratio is 0.11% meaning you'd have to pay 0.11% of your investment to help manage the fund.
CASH follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CASH invests in cash.
CASH price has fallen by −0.02% over the last month, and its yearly performance shows a −0.18% decrease. See more dynamics on CASH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.64% increase in three-month performance and has increased by 3.63% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.64% increase in three-month performance and has increased by 3.63% in a year.
CASH trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.