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HHLE

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

Analysis and statistics

  • Open
    8.9128$
  • Previous Close
    8.9128$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

HHLE.TO represents the Horizons High Interest Savings ETF. It is an exchange-traded fund (ETF) designed to provide investors with a high-interest savings solution, typically holding its assets in high-interest deposit accounts with Canadian banks. The ETF aims to offer a competitive yield that reflects prevailing short-term interest rates, while also providing daily liquidity. Investors can buy and sell units of HHLE.TO on the Toronto Stock Exchange, similar to trading stocks.
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Factors

[Underlying Index Performance]: HHLE.TO tracks the Horizons US Large Cap Equity ETF. The price largely mirrors the index's performance. Positive index performance will generally raise HHLE.TO's price and vice-versa.

[Supply and Demand]: Like any security, HHLE.TO's price reflects supply and demand. Higher demand than supply increases the price, while greater supply than demand lowers it.

[Currency Fluctuations]: HHLE.TO holds US equities, and is CAD-denominated. CAD/USD exchange rates can impact the returns.

[Management Fees and Expenses]: HHLE.TO's expense ratio will indirectly affect its returns, slightly reducing its price appreciation over time.

[Market Sentiment]: Broad market optimism or pessimism can impact HHLE.TO's price, causing larger volatility.

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