fund or symbol Français Contact (877) 642-1289 SOLUTIONS NEWS & UPDATES INFORMATION CENTRE ABOUT US CI.COM EARN MORE ON YOUR CASH SAVINGS Introducing: CI First Asset High Interest Savings ETF (TSX: CSAV) Popular cash management vehicles such as guaranteed investment certificates (GICs) or individual savings accounts provide numerous benefits to investors such as principal protection, which is especially important in the face of market volatility. However, some considerable downsides to these vehicles are: 1) these cash alternatives do not offer sufficient yield and are subject to inflation risk, making the real returns significantly lower; and 2) higher yield alternatives often come at the expense of lower liquidity. An effective cash alternative A potentially better cash alternative is a high-interest savings fund. CI First Asset High Interest Savings ETF (the "ETF"), which is listed on the Toronto Stock Exchange under the ticker symbol CSAV, can benefit investors with an attractive monthly income stream while preserving capital and liquidity by primarily investing in high-interest deposit accounts. Flexibility and convenience Unlike GICs, a high-interest savings fund provides daily liquidity and easy access to cash. There is no penalty for redemption and investors have the flexibility to withdraw cash at any time. Holding the ETF as a portfolio position can provide benefits for investors across the risk spectrum. Aggressive investors can take advantage of portfolio liquidity for opportunistic purchases, while a cash alternative can make periods of higher volatility more tolerable by providing an anchor to reduce the swings in the value of portfolios. Invest with confidence The ETF's deposit holders consist of high-quality Schedule I Canadian Banks at a low management fee of 0.14%, allowing you to target an attractive yield while offering the safety and security of a savings account. For more information on CI First Asset High Interest Savings ETF (TSX: CSAV) or any of our other CI First Asset solution, please reach out to us at 416.642.1289 or 1.877.642.1289. This communication includes information that has been obtained from third-party sources. Although the Portfolio Manager believes these independent sources are generally reliable, the accuracy and completeness of such information is not guaranteed and has not been independently verified, and CI First Asset assume no responsibility for any losses or damages, whether direct or indirect, which arise from the use of this third-party information and expressly disclaims liability for any errors or omissions in this information. Published July 26, 2019. Why Own CI High Interest Savings ETF? Greater earnings potential on cash balances Liquidity and convenience Invest with confidence in high quality deposit institutions Related Articles Additional Information CSAV Fund profile CI High Interest Savings Fund (4113) 2021 CI ETFs | CI Global Asset Management • All rights reserved. ETF Continuous Distribution Information Terms of Use Legal Notices Accessibility Privacy Contact us Français Email : service@ci.com Phone : 416-642-1289 / (877) 642-1289 Address : 2 Queen Street East, 20th Floor Toronto, Ontario M5C 3G7 CI Exchange-Traded Funds (ETFs) are managed by CI Global Asset Management a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX). CI Global Asset Management is a registered business name of CI Investments Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and exchange-traded fund (ETF) investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them.