The Horizons Cash Maximizer ETF (TSE:HSAV) is a strategic investment vehicle designed for those seeking a conservative yet effective way to optimize cash management. Falling under the Corporate category, this ETF is meticulously crafted to maintain a broad-based focus on Investment Grade debt instruments, ensuring a high level of credit quality and stability. It occupies a unique niche in the Ultra-Short Term market, catering to investors who prioritize liquidity and capital preservation while still seeking a modest yield enhancement over traditional cash equivalents.
HSAV stands out by investing in a diversified portfolio of high-quality, ultra-short-term fixed income securities, primarily from corporate issuers. This approach not only mitigates interest rate risk but also offers a competitive edge in terms of yield, compared to standard savings accounts or money market funds. The ETF's strategy is particularly appealing for investors looking to park their cash with minimal volatility and a potential for a slightly higher return, making it a prudent choice for short-term financial goals or as a tactical allocation within a broader investment portfolio.
In summary, Horizons Cash Maximizer ETF is tailored for those who value security and flexibility, offering a robust solution for effective cash management in the ever-changing financial landscape.
Horizons Cash Maximizer ETF (HSAV) Fund Flow Chart
Horizons Cash Maximizer ETF (HSAV) 1 year Net Flows: -C$433M
HSAV ETF FAQ
What was TSE:HSAV’s price range in the past 12 months?
TSE:HSAV lowest ETF price was C$110.18 and its highest was C$115.90 in the past 12 months.