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XCBU

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1d
1w
1m

Analysis and statistics

  • Open
    35.8399$
  • Previous Close
    35.8399$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

XCBU.TO represents the Horizons USD Cash Maximizer ETF, a Canadian-listed exchange-traded fund (ETF) designed to provide investors with a high interest savings account (HISA) alternative denominated in U.S. dollars. The fund aims to maximize returns by investing primarily in high-interest U.S. dollar denominated deposit accounts at Canadian banks. It seeks to deliver a yield that reflects prevailing U.S. money market rates while offering daily liquidity.
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Factors

Interest Rates: Changes in Canadian interest rates influence bond yields and XCBU.TO's value. Rising rates typically decrease bond prices and the ETF's NAV.

Credit Spreads: Widening credit spreads, reflecting increased risk, lower corporate bond values and XCBU.TO's price.

Economic Growth: Strong economic growth can lead to inflation and higher rates, negatively impacting bond values and XCBU.TO.

Inflation Expectations: Rising inflation expectations reduce the purchasing power of fixed income, decreasing bond prices and XCBU.TO's NAV.

Market Sentiment: General investor risk appetite affects demand for fixed income assets like those held by XCBU.TO, impacting its market price.

Supply and Demand: Increased demand pushes the ETF's price higher, while increased supply can lower it.

Liquidity: Lower liquidity can lead to wider bid-ask spreads and price volatility for XCBU.TO.

Issuer Actions: Changes in the ETF's management fees or underlying index can influence its attractiveness and price.

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