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TUHY

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--%
1d
1w
1m

Analysis and statistics

  • Open
    21.0063$
  • Previous Close
    20.8529$
  • 52 Week Change
    --
  • Day Range
    0.15$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

TUHY.TO is the ticker symbol for the Horizons USD High Interest Savings ETF, traded on the Toronto Stock Exchange (TSX). This ETF aims to provide a high interest rate by investing primarily in high-interest U.S. dollar denominated deposit accounts with Canadian banks. It seeks to generate income similar to a high-interest savings account but offers the liquidity and convenience of being traded like a stock. Investors should be aware that while the fund aims for stability and capital preservation, its value can fluctuate slightly due to factors like currency exchange rates and management fees.
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Factors

TUHY.TO is a Horizons High Yield US Corporate Bond ETF. Credit Spreads: Changes in the perceived riskiness of high-yield corporate bonds directly impact TUHY.TO's price.

Interest Rates: Rising interest rates generally decrease bond prices, including those held by TUHY.TO.

Economic Growth: A stronger economy can improve the financial health of high-yield issuers, potentially increasing bond prices and TUHY.TO's value.

Inflation Expectations: Higher inflation expectations can lead to higher interest rates and lower bond prices.

ETF Supply and Demand: Increased demand for TUHY.TO can push its price higher, while increased selling pressure can lower it.

Liquidity of Underlying Bonds: Difficulty in buying or selling the bonds held by TUHY.TO can affect its price.

Fund Management Fees: While not directly impacting price fluctuations, fees reduce the overall return of the ETF.

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