as of Apr. 30, 2024
This portfolio’s strategy is to invest in cash equivalent investments, which can include savings accounts at big banks and other cash equivalent ETFs and mutual funds to provide very liquid interest earning investments with limited risk to principal. This portfolio includes the CI First Asset High Interest Savings ETF (CSAV) which is managed by CI Global Asset Management a subsidiary of CI Financial Corp. and an affiliate of CI Direct Investing.
The minimum initial investment amount for this portfolio is $100.
Asset Mix
| 100% | Money Market |
Features
Features of this portfolio include:
Benefits
MER: 0.16%
MER stands for Management Expense Ratio. Like every other investment, you pay built-in MER fees to the company providing the investment, not to CI Direct Investing. You won’t see this money deducted from your account, but we thought you should know about it.
