CMAR.TO ETFs Pricing Factors: Interest Rates: Rising rates decrease bond values, impacting CMAR.TO's price as it holds bonds.

Credit Spreads: Wider spreads (higher perceived risk) lower bond prices within CMAR.TO's portfolio.

Inflation Expectations: Higher inflation erodes bond returns, reducing CMAR.TO's attractiveness and price.

Market Sentiment: General risk aversion can drive investors away from bonds, lowering CMAR.TO's demand.

ETF Demand/Supply: Higher demand increases CMAR.TO's price; increased supply can lower it.

Underlying Bond Performance: The performance of the individual bonds held by CMAR.TO directly impacts its value.

Currency Fluctuations: Changes in the Canadian dollar's value versus other currencies can affect returns if CMAR.TO holds foreign bonds.

Economic Growth: Stronger economic growth may lead to higher interest rates, negatively impacting CMAR.TO.

Central Bank Policy: Decisions by the Bank of Canada regarding interest rates influence CMAR.TO's price.

Liquidity of Underlying Bonds: Lower liquidity in the bond market can make it harder to trade CMAR.TO, potentially affecting its price.