ETF Sage
Canadian ETF knowledgebase
The fund invests primarily in high-quality, short-term (generally 90 days or less) debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances and commercial paper (excluding asset-backed commercial paper) issued by Canadian Chartered banks, loan companies, trust companies and corporations.
Key fund objectives:
This fund is one of the few iShares Canada ETFs that have an active mandate (), not passive ().
Fundamentals | |
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Category (main) | Canadian Fixed Income - Money market |
Underlying Index | No Index |
ETF Structure | Active management. No index * |
Asset Class | Fixed Income - Money market |
Region | Canada |
Issuer | iShares Canada by Blackrock |
ETF Home Page | Available here |
* We are including this ETF in both passively-managed and actively-managed listings. The fund's active management is low-cost and basic.
Fund Facts | |
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Inception Date | 15 Feb 2008 |
Total Holdings | 32 |
Distribution Frequency | Monthly |
Leverage | None |
Significant Currency Exposure | No |
Currency Hedging | Not applicable |
Fees | |
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Management Fee | 0.25% |
Management Expense Ratio (MER) | 0.28% |
Trading Information | |
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Ticker | CMR |
Exchange | TSX (Toronto Stock Exchange) |
Currency | CAD |
Eligibility | |
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Eligibility * | RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
DRIP available ** | Yes |
PACC Plan available ** | Yes |
SWP available ** | Yes |
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: