CI High Interest Savings ETF

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.

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.

Performance

 1m3m6mYTD1y2ySI
CSAV 0.04%0.15%0.29%0.29%0.59%1.14%1.15%
Benchmark0.00%0.02%0.04%0.04%0.12%0.75%0.80%
As at: 30 Jun 2021 - Benchmark: FTSE Canada 30 Day T-Bill Index

 

Historical NAVs

The indicated rates of return are the historical annual compounded total returns, including changes in unit value and do not take into account sales, redemption or optional charges or income taxes payable by a security holder that would have reduced returns.


Top Holdings

NameSecurity Type
CIBC CASH ACCOUNT CASH & TEMPORARY
NATIONAL BANK CASH ACCT CASH & TEMPORARY
SCOTIABANK CASH ACCOUNT CASH & TEMPORARY
BMO CASH ACCOUNT CASH & TEMPORARY
Gross yield: 0.71%

As at: 29 July 2021
Holdings are subject to change

Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 0.59% (as at 29 Jul 2021)

CSAVTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$1.18860$1.18860---$1.01580----
2021 +$0.17280$0.17280--------
26-Jul$0.02470$0.02470--------
24-Jun$0.02820$0.02820--------
21-May$0.01850$0.01850--------
26-Apr$0.02540$0.02540--------
25-Mar$0.02590$0.02590--------
22-Feb$0.02350$0.02350--------
25-Jan$0.02660$0.02660--------
2020 +$0.44640$0.44640---$0.44640----
23-Dec$0.02330$0.02330---$0.02330----
24-Nov$0.02330$0.02330---$0.02330----
26-Oct$0.02570$0.02570---$0.02570----
24-Sep$0.02420$0.02420---$0.02420----
25-Aug$0.02490$0.02490---$0.02490----
27-Jul$0.02660$0.02660---$0.02660----
24-Jun$0.02370$0.02370---$0.02370----
25-May$0.02530$0.02530---$0.02530----
24-Apr$0.02910$0.02910---$0.02910----
25-Mar$0.06250$0.06250---$0.06250----
24-Feb$0.08070$0.08070---$0.08070----
27-Jan$0.07710$0.07710---$0.07710----
2019 +$0.56940$0.56940---$0.56940----
31-Dec$0.02270$0.02270---$0.02270----
23-Dec$0.08010$0.08010---$0.08010----
25-Nov$0.09010$0.09010---$0.09010----
25-Oct$0.09010$0.09010---$0.09010----
24-Sep$0.07410$0.07410---$0.07410----
29-Aug$0.08650$0.08650---$0.08650----
30-Jul$0.09410$0.09410---$0.09410----
27-Jun$0.03170$0.03170---$0.03170----

(1) Future distribution dates may be amended at any time. (2) Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. (3) The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the Fund's tax year end. Therefore investors will be informed of the characterization of the amounts distributed for tax purposes only for the entire year and not with each distribution. For tax purposes these amounts will be reported by brokers on official tax statements.

News

6 Aug 2019 Taking interest in high-interest ETFs Investment Executive | Rudy Luukko
23 Jul 2019 CI First Asset Opens the Market CI First Asset

Documents

22 Apr, 2021 - ETF Facts

National Instrument 81-106 Investment Fund Continuous Disclosure requires disclosure of the proxy voting record on an annual basis for the period ending on June 30 of each year. The proxy voting record must be posted on the website no later than August 31 of each year.

Canadian securities law provides that the manager of an investment funds (in this case, CI Investments Inc. ("CI")), acting on behalf of the investment fund, has the right and obligation to vote proxies relating to the investment fund's portfolio securities. As a practical matter, CI delegates this function to the applicable portfolio manager or sub-adviser, as part of the portfolio manager's or sub-adviser's general management of the investment fund assets, subject to oversight by CI. CI generally requires that applicable portfolio managers or sub-advisers vote all proxies in the best interest of CI's funds and their securityholders, as determined solely by the portfolio manager or sub-adviser, and subject to CI's proxy voting policy, the guidelines applicable to the individual portfolio manager or sub-adviser, and applicable legislation. Portfolio managers and sub-advisers are generally expected to vote on any matter for which the investment fund receives proxy materials for a meeting of securityholders of an issuer.

Proxy voting record for the most recent year:

30 Jun, 2020 - Proxy Voting Record

Warning: Documents posted on this website (including, without limitation, prospectuses) are current only as of the date on them

To access the SEDAR filings of CI High Interest Savings ETF please click here