CIBC Act. Invest. Grade Corp. Bond ETF (CACB.TO)

The CIBC Act. Invest. Grade Corp. Bond ETF (CACB-T) has received mixed reviews from experts. One review emphasizes that while CACB offers a fine investment option, it is currently underperforming compared to more diversified investments like ZMI, which incorporates equities and high dividends. Another expert highlighted that although CACB historically provided better returns than index-based bond ETFs, its performance in 2022 was lackluster due to the economic environment affecting corporate bonds. High credit risk and current corporate bond spreads are concerning factors, especially in a potentially struggling economy where government bonds tend to outperform corporate ones. However, a different perspective acknowledges CACB's reasonable management expense ratio and its ability to yield about 4.5%, though not regarded as exceptionally high. Overall, investors should weigh their options thoughtfully given the prevailing economic conditions.