New high-interest savings fund from CI

first_img Related news IE Staff BMO InvestorLine launches commission-free trading for ETFs Keywords Mutual funds,  ETFs,  High-interest savings accountsCompanies CI Financial Corp. Businessman check seriously analyzes a finance report investor colleagues discussing new plan financial graph data. bank managers task. Concept business and finance ,Account analyzes planing yozayo/123RF Purpose looks to fill retirement income gap with longevity fund Share this article and your comments with peers on social media Toronto-based CI Investments Inc. is introducing a mutual fund to invest in its recently launched CI First Asset High Interest Savings ETF.The ETF, which invests primarily in high-interest savings accounts with a yield of approximately 2.10%, started trading on the TSX in June. The management fee on the Class F mutual fund is 0.14%, the same as for the ETF, CI said in a release. Facebook LinkedIn Twitter The mandate and investment objective for the two products is the same. IG Wealth amends product shelflast_img read more