CI High Interest Savings ETF

TSX TICKER : CSAV
 

Fund overview

The investment objective of fund is to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest deposit accounts.

Fund details

description of elementelement value
Inception date June 2019
Total net assets ($CAD)
As at 2023-09-22
$8.3 billion
NAVPS
As at 2023-09-22
$50.2044
Market price
As at 2023-09-22
$50.2200
MER (%)
As at 2022-12-31
0.16
Management fee (%) 0.14
Units outstanding
As at 2023-09-22
166,750,000
Asset class Money Market
Currency CAD
CUSIP 12558L104
Distribution frequency Monthly
Last distribution $0.2208

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

Investor suitability

For those who:
  • are seeking higher yields on cash balances through high interest deposit accounts
  • are looking for a liquid, short-term investment
  • want to receive monthly cash flows
  • can tolerate low risk

Performance2 As at 2023-08-31

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
3.30% 0.44% 1.29% 2.50% 4.64% 2.10% - - 1.94%
*Since inception date

Distribution history3

Payable date Total
2023-08-25 0.2208
2023-07-25 0.2030
2023-06-26 0.2135
2023-05-25 0.2011
2023-04-24 0.1825
Payable date Total
2023-03-27 0.2130
2023-02-22 0.1879
2023-01-25 0.2071
2022-12-30 0.0023
2022-12-22 0.1656

Management team

First we'll display the Team Company and then the Team members
Craig Allardyce
Lijon Geeverghese

CI High Interest Savings ETF

TSX TICKER : CSAV
 
Portfolio allocations4 As at 2023-08-31
Asset allocation (%)
  • Cash and Equivalents 98.00
  • Canadian Government Bonds 2.00
Sector allocation (%)
  • Cash and Cash Equivalent 98.00
  • Fixed Income 2.00
Geographic allocation(%)
  • Canada 100.00
Top holdings
Sector (%)
1. NATIONAL BANK CASH ACCT Cash and Cash Equivalent 31.35%
2. CIBC CASH ACCOUNT Cash and Cash Equivalent 18.59%
3. SCOTIABANK CASH ACCOUNT Cash and Cash Equivalent 18.58%
4. SCOTIA 2 OPERATING ACCOUNT Cash and Cash Equivalent 13.42%
5. BMO CASH ACCOUNT Cash and Cash Equivalent 7.43%
6. GOVT OF CANADA Fixed Income 2.00%
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