This exchange-traded fund (ETF) is designed to provide investors with a high yield on their U.S. dollar cash holdings while maintaining a high degree of liquidity and capital preservation. It accomplishes this by investing primarily in high-interest U.S. dollar deposit accounts at various Canadian banks. The fund's strategy involves actively managing these deposits to capture the best available interest rates, seeking to maximize returns for investors while adhering to strict risk management protocols. It does not invest in traditional money market instruments like treasury bills or commercial paper, but rather focuses exclusively on bank deposits, which offer a blend of stability and competitive yield. The underlying deposits are insured, which offers an additional layer of security. The fund's objective is to deliver a return that closely tracks the yield available on U.S. dollar cash deposits held at Canadian banks, after accounting for its operating expenses, making it a compelling option for investors seeking a safe harbor for their U.S. dollar cash, with daily liquidity and the potential for a higher return than a traditional savings account. Due to its focus on short-term instruments, the fund's interest rate risk is relatively low, and its net asset value is designed to remain quite stable, with fluctuations largely dependent on daily accrued interest and changes in the value of its underlying holdings. The structure of this fund makes it a useful tool for those looking to park cash that they intend to use soon or who are waiting for an opportune time to invest in other asset classes. Essentially, the fund offers the potential for greater returns than many standard cash accounts without significant exposure to market volatility, while keeping funds accessible on a daily basis.