Key stats
About CIBC ACTIV INVST GRD FLTG RT BD ETF COMMON UNITS
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Inception date
Jan 16, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
CIBC Asset Management, Inc.
The fund provides exposure mainly to Canadian investment-grade corporate bonds, potentially including ABS and commercial MBS, that are perceived to outperform. Using a bottom-up analysis of issuers and a top-down analysis of sectors, the fund focuses on issuer-specific fundamentals and quantitative modeling of valuations and liquidity to select securities. Both technical and fundamental analyses are used to position their average term to maturity. Macroeconomic variables and technical interest rate analysis are also used to draw conclusions about future economic growth and the direction of interest rates. As an actively managed ETF, the fund may depart temporarily from its fundamental investment objectives at their discretion. The fund may from time-to-time invest in securities of foreign issuers of up 30% and high-yield debt securities of no more than 10%.
Classification
What's in the fund
Exposure type
Corporate
Securitized
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CAFR trades at 19.84 CAD today, its price has risen 0.15% in the past 24 hours. Track more dynamics on CAFR price chart.
CAFR net asset value is 19.82 today — it's risen 0.03% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CAFR assets under management is 486.93 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CAFR price has risen by 0.40% over the last month, and its yearly performance shows a −0.30% decrease. See more dynamics on CAFR price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.20% increase in three-month performance and has increased by 3.71% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.20% increase in three-month performance and has increased by 3.71% in a year.
CAFR fund flows account for 106.36 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CAFR invests in bonds. See more details in our Analysis section.
CAFR expense ratio is 0.34%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CAFR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CAFR technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CAFR shows the buy signal. See more of CAFR technicals for a more comprehensive analysis.
Today, CAFR technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CAFR shows the buy signal. See more of CAFR technicals for a more comprehensive analysis.
Yes, CAFR pays dividends to its holders with the dividend yield of 4.00%.
CAFR trades at a premium (0.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CAFR shares are issued by Canadian Imperial Bank of Commerce
CAFR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 16, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.