Key stats
About GLOBAL X USD HIGH INTEREST SAVINGS CLASS A UNITS
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Inception date
Jan 17, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
The actively managed fund aims to maximize monthly income while preserving capital and liquidity. It invests in high-interest US dollar deposit accounts with Canadian banks, which are perceived to provide a higher interest rate than a traditional USD savings account. The ETF targets to invest substantially all of its assets in high-interest USD deposit accounts with at least one Canadian chartered banks. The ETF may also invest in high-quality, short-term debt securities, which includes USD-denominated Treasury bills and promissory notes issued or guaranteed by the US or Canadian government or their agencies, as well as USD-denominated bankers acceptances.
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
UCSH.U assets under management is 261.05 M USD. It's risen 4.54% over the last month.
UCSH.U fund flows account for 296.02 M USD (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.
No, UCSH.U doesn't pay dividends to its holders.
UCSH.U shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Jan 17, 2024, and its management style is Active.
UCSH.U expense ratio is 0.16% meaning you'd have to pay 0.16% of your investment to help manage the fund.
UCSH.U follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UCSH.U invests in cash.
UCSH.U price has fallen by −0.02% over the last month, and its yearly performance shows a −0.01% decrease. See more dynamics on UCSH.U price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.75% increase in three-month performance and has increased by 7.18% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.75% increase in three-month performance and has increased by 7.18% in a year.
UCSH.U trades at a premium (36.84%) meaning the ETF is trading at a higher price than the calculated NAV.