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Investment Q&A

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Global X US Dollar Currency ETF (DLR $14.01)
- $14.01 Cap: $121M
- View DLR Profile
- View Questions on DLR
Purpose US Cash Fund (PSU.U $100.28)
- $100.28 Cap: $444M
- View PSU.U Profile
- View Questions on PSU.U
Global X USD Cash Maximizer Corporate Class ETF (HSUV.U $115.84)
- $115.84 Cap: $775M
- View HSUV.U Profile
- View Questions on HSUV.U
US High Interest Savings Account Fund (HISU.U $100.30)
- $100.30 Cap: $255M
- View HISU.U Profile
- View Questions on HISU.U

Q: Investing in US currencies - Can you provide some suggestions on how to participate in the strength of the US dollar as compared to the CDN dollar.Are there exchange-traded funds of exchange-traded notes that focus on exploiting US currency movements?

Asked by Ronnie on December 03, 2024

5i Research Answer:

The Global X US Dollar Currency ETF (DLR) provides investors with exposure to the performance of the USD compared to CAD. It has a 0.59% MER.

Alternatively, investors can look at high-interest savings ETFs denominated in USD, such as PSU.U, HSUV.U, HISU.U. These will largely pay a yield (except HSUV.U which is reinvested into the NAV) and have exposure to the USD.

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