TSE:CASH

Global X High Interest Savings ETF (CASH.TO)

50.03
-0.00 (0.00%)
as of Jun 10, 2026, 7:59:12 pm Market Open.
35 watching
0
Investor Insights
star iconJun 11, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

The Global X High Interest Savings ETF (CASH-T) is regarded as a defensive holding during times of market uncertainty, with its deposits secured in Canadian Chartered Banks. Experts emphasize the ETF's low management expense ratio (MER) and its ability to provide a respectable yield of around 2.5%. Michael O'Reilly, a Stockchase Research Editor, highlights the importance of holding cash in the current market environment, particularly as breadth in the market shows signs of deterioration. While some investment strategies prioritize full market presence, O'Reilly advocates for a selective approach, deploying cash positions when favorable market conditions arise. With indications of corrections in commodities and pressures on certain sectors, maintaining cash reserves appears to be a prudent strategy for current market scenarios.

consensus icon
Consensus
Positive
valuation icon
Valuation
Fair Value
review icon
Similar
BMO.TO
PAST TOP PICK
(A Top Pick Aug 27/25, Up 0.5%)

(Note the short timeframe.)  The risk on the markets didn't play out. But he's systematic. If indicators (such as the Bear-o-meter) say higher risk than normal, he holds more cash. He sold this ETF, but still holds "cash cash" and has been legging into the market over the last couple of weeks.

premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly

As the market struggles with US Administration tariffs, CASH is a low MER high interest savings ETF to hold cash in the interim.  Yield 3.8% 

premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

There are times to be aggressive at adding capital into markets and there are times to be patient.  With markets priced at near perfection for valuations, CASH is a low MER high interest savings ETF to hold cash in the interim.  Yield 3.8% 

PAST TOP PICK
(A Top Pick Jul 04/24, Up 0.62%)

He wanted to be 25% in cash. He spent 2% of it last week in buying positions. Will continue this a bit at a time and will be fully invested by the end of October.

DON'T BUY
Where to park money for capital preservation?

Important to note that it's not exactly the same as a high-interest savings account. No CDIC insurance, have to pay trading fees. Very stable price handle until there's a monthly distribution, based on Canadian overnight bank rates. Those distributions have come down as rates have started to decline.

At one point, superior to bonds. But now with yields coming down, money market funds such as ZMMK are very competitive. T-bill ETFs are also competitive.

premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

We again reiterate this low MER ETF as a great way to hold cash within your portfolio.  It holds capital in deposits with Schedule 1 banks and offers a high interest yield - great for holding within registered accounts.  This is not a holding to generate massive capital gains - just one to park your cash.  Yield 5.0%

BUY

If he was concerned about a downturn, he'd just look at a daily high interest ETF like HISA or PSA. Those ones give you 5-5.5% right now, and next day liquidity.

premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly

We again reiterate this low MER ETF as a great way to hold cash within your portfolio.  It holds capital in deposits with Schedule 1 banks and offers a high interest yield - great for holding within registered accounts.  This is not a holding to generate massive capital gains - just one to park your cash.  Yield 5.0%

BUY

Premium yield is not as high as it used to be. Benefits to certain investors depending on needs. Would recommend buying. Is a safe product. 

HOLD

Regulators have been threatening for several months to clamp down on the returns on these HISA ETFs. Some providers have tossed treasury bills into the mix. Any declines will be limited to only 20-30 basis points. So, he's holding onto his cash ETFs for now. No point in owning several of these, because they're all the same.

BUY

Good place to park your money, and fees are low. 

Not much different from a money market fund, except the quality of the underlying securities might be a bit higher in a MM fund.

PARTIAL BUY

He recommends "barbelling" it in with longer-term fixed income like ZAG.

PAST TOP PICK
(A Top Pick Oct 10/22, Up 0.5%)

Good for investors holding cash. Able to earn interest. Good product for investors waiting for markets to fall. A sensible product for investors looking to balance portfolio with cash. 

premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly
We again reiterate this low MER ETF as a great way to hold cash within your portfolio.  It holds capital in deposits with Schedule 1 banks and offers a high interest yield - great for holding within registered accounts.  This is not a holding to generate massive capital gains - just one to park your cash.  Yield 4.1%


TOP PICK

It's a way of holding cash. Has recommended this before. This buys a bunch of high-interest savings accounts and accumulates the dividend, then pays it out. It's liquid.

Showing 1 to 15 of 19 entries

Global X High Interest Savings ETF (CASH.TO) Frequently Asked Questions

What is Global X High Interest Savings ETF stock symbol?

Global X High Interest Savings ETF is a Canadian stock, trading under the symbol CASH.TO (previously CASH-T on Stockchase) on the Toronto Stock Exchange (CASH-CT). It is usually referred to as TSX:CASH or CASH.TO

Is Global X High Interest Savings ETF a buy or a sell?

In the last year, 4 stock analysts published opinions about CASH.TO (previously CASH-T on Stockchase). 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Global X High Interest Savings ETF.

Is Global X High Interest Savings ETF a good investment or a top pick?

Global X High Interest Savings ETF was recommended as a Top Pick by Keith Richards on 2023-10-09. Read the latest stock experts ratings for Global X High Interest Savings ETF.

Why is Global X High Interest Savings ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.

Is Global X High Interest Savings ETF worth watching?

4 stock analysts on Stockchase covered Global X High Interest Savings ETF in the last year. It is a trending stock that is worth watching.

What is Global X High Interest Savings ETF stock price?

On 2026-06-10, Global X High Interest Savings ETF (CASH.TO) stock closed at a price of $50.03.

Star iconStar iconStar iconStar iconStar icon
5(4)
Based on 4 expert opinions: 4 buy 0 hold 0 sell