cash.to interest | BTCC Knowledge

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What is cash to?

What is CASH.to? CASH is the stock ticker for the Horizon High Interest Saving ETF. Since it is traded on the Toronto Stock Exchange, most websites will add “.to” to distinguish it from other CASH tickers in other exchanges.

How does cash to work?

By depositing your funds into CASH.TO, you receive monthly interest payments based on prevailing interest rates. The flexibility to withdraw your money at any time without incurring penalties adds to the convenience of this investment. How is CASH.TO Taxed?

What is the yield of cash to?

The yield of CASH.TO depends on the interest rate they can get from depositing money in Canadian banks. When interest rates were at a historical low in 2021, the fund yield was around 0.6%. Now that interest rates are higher, the yield of CASH.to has been much more interesting at around 4.5% to 5.5%.

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