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CIBC Active Investment Grade Floating Rate Bond ETF
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Fund Ticker
CAFR
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Closing NAV Price
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Closing Market Price
Investment objective
This ETF seeks to generate a high level of current income while preserving capital. Invests in a portfolio of Canadian debt securities and uses interest rate derivatives to lessen the effect of interest rate fluctuations.
Why consider this ETF?
- Provides a reliable source of income
- Enhanced yield with risk management
- Reduced sensitivity to rising interest rates
- Benefit from an experienced active portfolio management team