Key stats
About GLOBAL X 0-3 MONTH T-BILL ETF CL A UNIT CAD
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Inception date
Apr 12, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Global X Investments Canada, Inc.
The fund provides exposure to a portfolio of ultra-short term Canadian treasury bills. It exclusively holds CAD-dominated, government-backed securities with maturities of 90 days or less that are selected and weighted using a rules-based security selection methodology. Constituents also undergo a screening process to guarantee liquidity and low transaction fees. The fund is actively managed with the investment manager aiming to maintain a target duration within a certain band for the fund. It will also not utilize any sort of derivatives nor short securities. The fund is a great choice for investors who want ultra-short term Canadian treasurys exposure.
Classification
What's in the fund
Exposure type
Government
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.
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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.
CBIL trades at 50.07 CAD today, its price hasn't changed in the past 24 hours. Track more dynamics on CBIL price chart.
CBIL net asset value is 50.07 today — it's risen 0.23% 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.
CBIL assets under management is 1.77 B 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.
and its yearly performance shows a −0.02% decrease. See more dynamics on CBIL price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.66% increase in three-month performance and has increased by 3.77% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.66% increase in three-month performance and has increased by 3.77% in a year.
CBIL fund flows account for 991.19 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.
CBIL invests in bonds. See more details in our Analysis section.
CBIL expense ratio is 0.11%. 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, CBIL 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, CBIL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CBIL shows the strong buy signal. See more of CBIL technicals for a more comprehensive analysis.
Today, CBIL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CBIL shows the strong buy signal. See more of CBIL technicals for a more comprehensive analysis.
Yes, CBIL pays dividends to its holders with the dividend yield of 3.68%.
CBIL trades at a premium (0.01%).
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.
CBIL shares are issued by Mirae Asset Global Investments Co., Ltd.
CBIL 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 Apr 12, 2023.
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.