UMNY.U

CI U.S. Money Market ETF

NAVPS ($USD) *

50.1608

Market Price ($) *

50.1900

Management fee (%)

0.14

MER (%)

Information not available

Risk rating

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

Ticker

UMNY.U

Units outstanding *

80,000

CUSIP

12570M106

Total net assets ($USD) *

$4.01 million

Last distribution

$0.2317 per unit

RRSP

Eligible

Inception date

2023-07-21

Gross yield

As at 2024-05-15

5.23%

* As at 2024-05-17

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.  The performance data provided assumes reinvestment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.  Please note that mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated.

The annualized historical yield shown is based on the average return over seven-day period ended on 2024-05-17 (net of fees and expenses payable by the fund) and does not represent an actual one-year return. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund. 

The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.

The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns.  Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating.  Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.

Management Expense Ratio (“MER”) represents the trailing 12-month management expense ratio, which reflects the cost of running the fund, inclusive of applicable taxes including HST, GST and QST (excluding commissions and other portfolio transaction costs) as a percentage of daily average net asset value the period, including the fund’s proportionate share of any underlying fund(s) expenses, if applicable. The MER is reported in each fund’s Management Report of Fund Performance (“MRFP”). MRFPs can be found within the Documents tab.

This information on this document is provided as a general source of information and should not be considered personal, legal, accounting, tax or investment advice, or an offer or a solicitation to buy or sell securities.  Every effort has been made to ensure that the material contained herein is accurate at the time of publication. Market conditions may change which may impact the information contained in this document.  

For major events that may affect the performance of a fund in the last 10 years, including its participation in an amalgamation or merger with another fund or a change in its investment objectives or portfolio advisor, please refer to the “Name, Formation and History of the Fund” section in the fund's most recently filed simplified prospectus.

Each CI ETF does not have a fixed distribution/dividend amount. The amount of ordinary cash distributions/dividends, if any, will be based on CI’s assessment of anticipated cash flow and anticipated expenses of a CI ETF from time to time. Depending on the underlying investments of a trust fund, distributions on units may consist of ordinary income, including foreign source income and taxable dividends from taxable Canadian corporations, interest or distributions received by the trust fund but may also include net realized capital gains, in any case, less the expenses of that trust fund and may include returns of capital. To the extent that the expenses of a trust fund exceed the income generated by such trust fund in any applicable distribution period, it is not expected that a distribution for that period will be paid. The sources of income of the classes of shares of CI First Asset Fund Corp. are expected to include taxable capital gains as well as dividends from taxable Canadian corporations. However, to the extent that CI First Asset Fund Corp. earns net income, after expenses and other deductions (including any available loss carryforwards to the extent deductible), from other sources, including dividends and other income from non-Canadian sources and interest income, CI First Asset Fund Corp. will generally be subject to income tax on such income and no refund of such tax will be available. Distributions of a return of capital may also be made in respect of a class of shares of CI First Asset Fund Corp. A return of capital is not directly subject to tax but will reduce the adjusted cost base of the shares. Given the investment and distribution policies of CI First Asset Fund Corp. and taking into account the deduction of expenses, any applicable loss carryforwards and taxable dividends on shares of taxable Canadian corporations, CI does not expect that the CI First Asset Fund Corp. will be subject to appreciable amounts of non-refundable Canadian income tax. Please refer to the funds simplified prospectus for further information.

The CI Exchange-Traded Funds (ETFs) are managed by CI Global Asset Management, a subsidiary of CI Financial Corp. (TSX: CIX). CI Global Asset Management is a registered business name of CI Investments Inc.