Key stats
About HIGH INTEREST SAVINGS ACCOUNT FUND
Home page
Inception date
Nov 21, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Evolve Funds Group, Inc.
The fund fund aims to provide monthly income and preservation of capital and liquidity by holding ultra-short securities. It will primarily invest in high interest deposit accounts with one or more Canadian chartered banks, credit unions or trust companies. The fund may also invest in other highly liquid securities like high-quality, short-term debt securities (with maturities of 365 days or less) with a designated rating, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, and bankers acceptances. It is important to note the purpose of this fund before investing.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HISA assets under management is 1.35 B CAD. It's fallen 2.68% over the last month.
HISA fund flows account for 22.88 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HISA doesn't pay dividends to its holders.
HISA shares are issued by Evolve Funds Group, Inc. under the brand Evolve. The ETF was launched on Nov 21, 2019, and its management style is Active.
HISA expense ratio is 0.17% meaning you'd have to pay 0.17% of your investment to help manage the fund.
HISA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HISA invests in cash.
HISA price has fallen by −0.02% over the last month, and its yearly performance shows a −0.20% decrease. See more dynamics on HISA price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.65% increase in three-month performance and has increased by 3.68% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.65% increase in three-month performance and has increased by 3.68% in a year.
HISA trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.