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DLR-U

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

Analysis and statistics

  • Open
    10.2192$
  • Previous Close
    10.3453$
  • 52 Week Change
    --
  • Day Range
    -0.13$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

DLR-U.TO represents the Horizons USD Cash Maximizer ETF, a Canadian-listed exchange-traded fund designed to provide investors with exposure to U.S. dollar cash deposits. It aims to maximize returns on U.S. dollar cash holdings while maintaining a high degree of liquidity and capital preservation, making it a suitable option for investors seeking a low-risk, U.S. dollar-denominated investment.
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Factors

Currency Fluctuations: Changes in the CAD/USD exchange rate directly impact DLR-U.TO as it tracks USD. A stronger CAD lowers the ETF price, while a weaker CAD increases it. Interest Rate Differentials: Differences in interest rates between Canada and the US can affect demand for the ETF. Higher US rates may increase demand for USD, raising the ETF price. Supply and Demand: General investor demand for USD within Canada influences the ETF's price. Higher demand typically leads to a price increase, and vice versa. Management Fees: The ETF's management expense ratio (MER) slightly reduces returns over time, indirectly affecting the long-term price appreciation. Trading Volume and Liquidity: Higher trading volume generally leads to tighter bid-ask spreads, improving price discovery and potentially stabilizing the ETF's price.

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