Markets.com Logo

CFOD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    4.6976$
  • Previous Close
    4.6722$
  • 52 Week Change
    --
  • Day Range
    0.03$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

CFOD.TO represents the Purpose US Cash Fund (CAD Hedged), an exchange-traded fund (ETF) listed on the Toronto Stock Exchange. This fund aims to provide a high level of liquidity and capital preservation by investing primarily in U.S. dollar denominated cash and cash equivalents. The fund hedges its exposure to the U.S. dollar against the Canadian dollar, seeking to minimize the impact of currency fluctuations on returns for Canadian investors. As a cash fund, its primary objective is to offer a safe and easily accessible investment option suitable for short-term needs or as a component of a broader investment strategy.
NBIS Stock Outlook for 2026: What will be the future of Nebius Group?

NBIS Stock Outlook for 2026: What will be the future of Nebius Group?

Frances Wang|--
Commodity market today: Will Gold (XAU/USD) and Silver (XAG) hit new highs?

Commodity market today: Will Gold (XAU/USD) and Silver (XAG) hit new highs?

Frances Wang|--
RGTI stock crashed 7% today: what’s happening with Rigetti Computing?

RGTI stock crashed 7% today: what’s happening with Rigetti Computing?

Frances Wang|--
Gold price analysis: XAU/USD price today, how high will gold go in 2026?

Gold price analysis: XAU/USD price today, how high will gold go in 2026?

Frances Wang|--
Technology stock to watch in 2026: What is the new NVDA stock price target?

Technology stock to watch in 2026: What is the new NVDA stock price target?

Frances Wang|--
BMNR stock up 9% today: what’s going on with BitMine Immersion Technologies?

BMNR stock up 9% today: what’s going on with BitMine Immersion Technologies?

Frances Wang|--
Solana (SOL) price analysis: What will SOL/USD be worth in 2026?

Solana (SOL) price analysis: What will SOL/USD be worth in 2026?

Frances Wang|--

Factors

Global Interest Rates: Rising interest rates make bonds less attractive, lowering CFOD.TO's price as its bond holdings decline in value.

Credit Spreads: Wider credit spreads, reflecting higher perceived risk, can decrease the value of corporate bonds held by CFOD.TO, leading to a price decline.

Economic Growth Expectations: Positive economic outlooks can push interest rates higher, negatively impacting bond prices and CFOD.TO's value.

Inflation: Higher inflation erodes the purchasing power of fixed income, causing bond yields to rise and prices to fall, thus affecting CFOD.TO negatively.

Canadian Dollar Strength: A stronger Canadian dollar can make CFOD.TO more attractive to foreign investors, increasing demand and potentially raising its price.

Supply and Demand: Increased investor demand for CFOD.TO relative to supply can drive up its price, while decreased demand can lower it.

People Also Watch

Latest news

ESMA Expansion Sparks Crypto, Fintech Slowdown Concerns in EU

Noah Lee|--

Bitcoin's 'Santa' Rally: Fed Rate Decision and 2026 Outlook

Noah Lee|--

Western Union Unveils Stable Card, Stablecoin Strategy to Combat Inflation

Liam James|--

Latest Education Articles

A Complete Guide to Cryptos: How to Invest in Crypto as A BEGINNER In 2026?

A Complete Guide to Cryptos: How to Invest in Crypto as A BEGINNER In 2026?

Ghko B|--
Contracts for Difference explained: What is CFD trading, how do CFDs work?

Contracts for Difference explained: What is CFD trading, how do CFDs work?

Ghko B|--
Financial market for beginners: How financial markets work, how to invest?

Financial market for beginners: How financial markets work, how to invest?

Ghko B|--