FMP
Horizons Cash Maximizer ETF
HSAV.TO
TSX
The fund actively and primarily invests in a portfolio of high interest deposit accounts with one or more chartered banks from Canada. The fund may also invest in high quality debt securities with a term to maturity of one year or less including treasury bills and promissory notes issued by the Canadian government. Besides the allocation and maturity of the securities, the decision to pay dividends is also at the discretion of the manager. The fund is designed for investors who are seeking modest capital growth from a portfolio delivering efficient exposure to the potential of Canadian high interest deposit accounts.
112.91 CAD
0.14 (0.124%)
EBIT (Operating profit)(Operating income)(Operating earning) = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) EBIT = (1*) (2*) -> operating process (leverage -> interest -> EBT -> tax -> net Income) EBITDA = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) + Depreciation + amortization EBITA = (1*) (2*) (3*) (4*) company's CURRENT operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow) -> performance of a company (1*) discounting the effects of interest payments from different forms of financing (by ignoring interest payments), (2*) political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill) (3*) collections of assets (by ignoring depreciation of assets) (4*) different takeover histories (by ignoring amortization often stemming from goodwill)
