Key stats
About NINEPOINT CASH MANAGEMENT FUND
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Inception date
Nov 17, 2020
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Ninepoint Partners LP
The fund aims to maximize yield on cash balances, while providing access to investments with daily liquidity. In achieving this goal, the fund manager invests all its assets in high interest savings accounts at Schedule 1 Canadian banks offering pre-negotiated interest rates. Schedule I banks are wholly domestic financial institutions in Canada regulated by the Federal Bank Act. It is comprised of 36 domestic banks, including the country's big six banks, such as BMO, Scotiabank, CIBC, National Bank of Canada, RBC, and Toronto Dominion Bank.
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
Corporate
Bonds, Cash & Other100.00%
Cash62.91%
Corporate21.62%
Government8.43%
Securitized7.04%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NSAV assets under management is 49.21 M CAD. It's risen 1.02% over the last month.
NSAV fund flows account for 20.12 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, NSAV doesn't pay dividends to its holders.
NSAV shares are issued by Ninepoint Financial Group, Inc. under the brand Ninepoint. The ETF was launched on Nov 17, 2020, and its management style is Active.
NSAV expense ratio is 0.16% meaning you'd have to pay 0.16% of your investment to help manage the fund.
NSAV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NSAV invests in cash.
NSAV price has fallen by −0.02% over the last month, and its yearly performance shows a −0.06% decrease. See more dynamics on NSAV price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.72% increase in three-month performance and has increased by 3.91% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.72% increase in three-month performance and has increased by 3.91% in a year.
NSAV trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.