This summary was created by AI, based on 2 opinions in the last 12 months.
Experts agree that CI High Interest Savings ETF is a good place to park your money with low fees and relatively low risk. The underlying securities are of high quality, though similar to a money market fund. The main risk identified is the potential for interest rates to retreat, but overall the consensus is that it is a safe and stable investment with a reasonable MER at 0.14%.
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%.
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
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.
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.
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.
2 stock analysts on Stockchase covered CI High Interest Savings ETF In the last year. It is a trending stock that is worth watching.
On 2024-10-08, CI High Interest Savings ETF (CSAV-T) stock closed at a price of $50.1.
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.