Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

The CI High Interest Savings ETF (CSAV-T) is considered a good place to park money with low fees, similar to a money market fund. The underlying securities are of higher quality compared to a money market fund. The ETF is popular and provides exposure to money markets of various Canadian banks. It carries some risks related to interest rates and credit risk of the underlying banks. However, the consensus is that it is pretty safe, with stable credit ratings of major Canadian banks and a reasonable Management Expense Ratio (MER) at 0.14%.

Consensus
Safe
Valuation
Fair Value
Similar
Vanguard Canadian Short-Term Bond Index ETF, VSB.TO
BUY

Good place to park your money, and fees are low. 

Not much different from a money market fund, except the quality of the underlying securities might be a bit higher in a MM fund.

E.T.F.'s
BUY
Risks?

Very popular. Exposure to money markets of the various banks in Canada. Risk of rates retreating is always a risk, as these will be very responsive to whatever the current rate of interest is. Other than that, doesn't see significant risk.
 
There's always the credit risk of the underlying banks that are providing the yield that these ETFs are buying. Pretty safe, as credit ratings of major Canadian banks are pretty high and seem stable. Reasonable MER at 0.14%.

E.T.F.'s
TOP PICK
It holds the high-interest savings accounts from the major banks, but you don't get the insurance from those HISA's. However, they yield around 4.7%. No expense ratio.
E.T.F.'s
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CI High Interest Savings ETF(CSAV-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for CI High Interest Savings ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

CI High Interest Savings ETF(CSAV-T) Frequently Asked Questions

What is CI High Interest Savings ETF stock symbol?

CI High Interest Savings ETF is a Canadian stock, trading under the symbol CSAV-T on the Toronto Stock Exchange (CSAV-CT). It is usually referred to as TSX:CSAV or CSAV-T

Is CI High Interest Savings ETF a buy or a sell?

In the last year, 2 stock analysts published opinions about CSAV-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for CI High Interest Savings ETF.

Is CI High Interest Savings ETF a good investment or a top pick?

CI High Interest Savings ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for CI High Interest Savings ETF.

Why is CI High Interest Savings ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is CI High Interest Savings ETF worth watching?

2 stock analysts on Stockchase covered CI High Interest Savings ETF In the last year. It is a trending stock that is worth watching.

What is CI High Interest Savings ETF stock price?

On 2024-02-23, CI High Interest Savings ETF (CSAV-T) stock closed at a price of $50.02.