CMR:CA:TSX-iShares Premium Money Market ETF (CAD)

ETF | Canadian Money Market | Toronto Stock Exchange

Last Closing

CAD 50.04

Change

+0.01 (+0.02)%

Market Cap

CAD 0.09B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to maximize current income to the extent consistent with the preservation of capital and liquidity by investing in high-quality, short-term, investment grade debt securities, including treasury bills and promissory notes.

Inception Date: 19/02/2008

Primary Benchmark: N/A

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.28 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Canadian Money Market

Symbol Name Mer Price(Change) Market Cap
PSA:CA Purpose High Interest Savings .. 0.15 %

N/A

CAD 3.35B

ETFs Containing CMR:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Money Market) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.04% 100% F 26% F
Dividend Return 1.19% 100% F 53% F
Total Return 1.23% 100% F 30% F
Trailing 12 Months  
Capital Gain -0.01% 100% F 34% F
Dividend Return 4.42% 100% F 69% C-
Total Return 4.41% 100% F 41% F
Trailing 5 Years  
Capital Gain 0.06% 100% F 42% F
Dividend Return 7.56% 100% F 38% F
Total Return 7.62% 100% F 38% F
Average Annual (5 Year Horizon)  
Capital Gain 0.04% 100% F 43% F
Dividend Return 1.19% 50% F 42% F
Total Return 1.16% 50% F 37% F
Risk Return Profile  
Volatility (Standard Deviation) 1.57% 50% F 99% N/A
Risk Adjusted Return 75.86% 50% F 94% A
Market Capitalization 0.09B 50% F 68% D+

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.