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Horizons High Interest Savings ETF (CASH-T)
TSE:CASH
50.05
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Technical Analysis
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This summary was created by AI, based on 9 opinions in the last 12 months.
Horizons High Interest Savings ETF (CASH-T) is recommended by experts as a low-cost and high-yield option for holding cash within a portfolio. It offers a stable price with monthly distributions based on Canadian overnight bank rates and holds capital in deposits with Schedule 1 banks. The ETF provides a competitive yield of around 3.8% to 5.0% and is considered a safe place to park money, especially for capital preservation within registered accounts. Although it may not generate massive capital gains, it is seen as a valuable option for those looking for a secure and liquid investment with minimal risk.
$50.120
Unknown
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.
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.
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%
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.
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%
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.
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.
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.
He recommends "barbelling" it in with longer-term fixed income like ZAG.
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.
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%
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.
It holds several high-interest savings accounts and pays a monthly dividend. Predictable.
We 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%
Horizons High Interest Savings ETF(CASH-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 5
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 7
Horizons High Interest Savings ETF(CASH-T) Frequently Asked Questions
What is Horizons High Interest Savings ETF stock symbol?
Horizons High Interest Savings ETF is a Canadian stock, trading under the symbol CASH-T on the Toronto Stock Exchange (CASH-CT). It is usually referred to as TSX:CASH or CASH-T
Is Horizons High Interest Savings ETF a buy or a sell?
In the last year, 7 stock analysts published opinions about CASH-T. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Horizons High Interest Savings ETF.
Is Horizons High Interest Savings ETF a good investment or a top pick?
Horizons High Interest Savings ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons High Interest Savings ETF.
Why is Horizons 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 Horizons High Interest Savings ETF worth watching?
7 stock analysts on Stockchase covered Horizons High Interest Savings ETF In the last year. It is a trending stock that is worth watching.
What is Horizons High Interest Savings ETF stock price?
On 2024-12-13, Horizons High Interest Savings ETF (CASH-T) stock closed at a price of $50.05.
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%