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  5. HSAV: I notice that lately, the Premium of stock price vs NAV has shrunk considerably to the level of . [Global X Cash Maximizer Corporate Class ETF]

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Q: I notice that lately, the Premium of stock price vs NAV has shrunk considerably to the level of .09 at this time. Is this because of lower Canadian interest rates and what is the likelihood of its trading below NAV if rates continue to decline from here? Thanks
Asked by george on June 18, 2024
5i Research Answer:
It could be rate-related, but it might also be related to the capital gains changes, which make...
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