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CIF

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--%
1d
1w
1m

Analysis and statistics

  • Open
    55.1521$
  • Previous Close
    54.6231$
  • 52 Week Change
    --
  • Day Range
    0.53$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

CIF.TO is the ticker symbol for the CI First Asset High Interest Savings ETF, a Canadian exchange-traded fund. This ETF aims to provide investors with a high level of current income while preserving capital. It invests primarily in high-interest deposit accounts with Canadian banks and trust companies, offering a liquid and low-risk investment option for those seeking to park cash and earn a competitive yield, typically mirroring short-term interest rates.
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Factors

Underlying Assets: The value of the bonds and other fixed-income securities held within the ETF directly impacts its price.

Interest Rates: Rising interest rates typically decrease bond values, thus lowering the ETF price, and vice versa.

Credit Risk: The perceived risk of issuers defaulting on their debt influences bond prices and consequently, the ETF price.

Market Demand: Higher demand for the ETF relative to its supply can push its price up, while lower demand can decrease it.

Management Fees: The ETF's expense ratio, which covers management and operating costs, indirectly affects its price by reducing returns.

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