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CI High Interest Savings ETF - Common Units (CSAV : TSX)

Canadian Money Market

Close
(12-10-2024)
$50.08
Change
$0.00 (0.00%)
Open $50.08
Day Range $50.08 - $50.09
Volume 37,860

As at November 30, 2024

As at November 30, 2024

Period
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Legend

CI High Interest Savings ETF - Common Units

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Fund Returns

Inception Return (June 04, 2019): 2.57%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.28% 0.96% 2.09% 4.16% 4.57% 4.79% 3.83% 3.01% 2.61% - - - - -
Benchmark 0.29% 0.96% 2.11% 4.18% 4.60% 4.62% 3.61% 2.72% 2.31% 2.20% 2.07% 1.89% 1.73% 1.62%
Category Average 0.26% 1.90% 1.90% 3.74% 4.13% 4.04% 2.98% 2.19% 1.86% 1.75% 1.59% 1.43% 1.29% 1.17%
Category Rank 165 / 275 149 / 274 127 / 265 117 / 262 119 / 262 47 / 239 31 / 228 23 / 226 19 / 213 - - - - -
Quartile Ranking 3 3 2 2 2 1 1 1 1 - - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 0.39% 0.44% 0.38% 0.36% 0.43% 0.41% 0.35% 0.41% 0.35% 0.35% 0.33% 0.28%
Benchmark 0.41% 0.40% 0.40% 0.40% 0.41% 0.40% 0.39% 0.38% 0.36% 0.34% 0.33% 0.29%

Best Monthly Return Since Inception

0.45% (October 2023)

Worst Monthly Return Since Inception

0.04% (February 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 0.92% 0.57% 2.25% 5.04%
Benchmark 0.91% 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71%
Category Average 0.30% 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06%
Quartile Ranking - - - - - - 1 1 1 1
Category Rank - - - - - - 27/ 213 10/ 226 11/ 229 32/ 239

Best Calendar Return (Last 10 years)

5.04% (2023)

Worst Calendar Return (Last 10 years)

0.57% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
NATIONAL BANK CASH ACCT 45.21
BMO CASH ACCOUNT 14.84
SCOTIABANK CASH ACCOUNT 13.02
Canada Government 18-Dec-2024 12.05
Canada Government 05-Dec-2024 9.13
SCOTIA 2 OPERATING ACCOUNT 5.74
CIBC CASH ACCOUNT 0.00

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: .
Period: 

Risk vs Return (3 Yr)

CI High Interest Savings ETF - Common Units

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.45% 0.56% -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 2.84% -0.91% -
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.16% 0.45% 0.56% -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - 2.84% -0.91% -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date June 04, 2019
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $50.24
52 Week Low $50.00
Annual Dividend $0.87
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

TheCI ETF’s investment objective is to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest deposit accounts.

Investment Strategy

The CI ETF invests substantially all of its assets in high interest deposit accounts with one or more Canadian chartered banks, credit unions or trust companies. The ETF can also invest in high-quality, short-term (one year or less) debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, and bankers acceptances.

Portfolio Manager(s)

Name Start Date
Manash Goswami 06-04-2019
Craig Allardyce 06-04-2019

Management and Organization

Fund Manager CI Global Asset Management
Advisor CI Global Asset Management
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor Ernst & Young LLP

Fees

MER 0.16%
Management Fee 0.14%

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