Horizons USD Cash Maximizer ETF

HSUV.U seeks to generate modest capital growth by investing primarily in high interest U.S. dollar deposit accounts with Canadian banks. While any decision to pay dividends or other distributions is within the discretion of the Manager, HSUV.U is not currently expected to make any regular distributions. HSUV.U invests substantially all of its assets in high interest U.S. dollar deposit accounts with one or more Canadian chartered banks. HSUV.U can also invest in high-quality, short-term (one year or less) debt securities, including U.S. dollar denominated treasury bills and promissory notes issued or guaranteed by the United States federal government or the Government of Canada, or their respective agencies, and U.S. dollar denominated bankers acceptances.