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HSAV

$--
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1d
1w
1m

Analysis and statistics

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About

HSAV.TO is the Horizons High Interest Savings ETF. It's a Canadian-listed exchange-traded fund designed to provide investors with a high interest rate similar to that of a high-interest savings account, but with the liquidity and convenience of an ETF. The fund primarily invests in high-quality, short-term money market instruments.
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Factors

Supply and Demand: Increased buying pressure drives the price up, while increased selling pressure pushes it down.

Underlying Asset Value: HSAV.TO tracks high-interest savings accounts. Changes in interest rates offered by these accounts impact the ETF's perceived value.

Management Fees: The ETF's expense ratio affects its net asset value (NAV), which influences its market price.

Market Sentiment: Overall investor confidence or fear can impact demand for low-risk assets like HSAV.TO.

Alternative Investments: The availability and attractiveness of other investment options (e.g., bonds, GICs) can influence HSAV.TO's appeal.

Economic Conditions: Broad economic factors like inflation and unemployment can indirectly affect interest rates and investor behavior.

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