CI Global Launches ETF Series of CI Floating Rate Income Fund

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CI Global Asset Management has just announced that ETF C$ Series units of the CI Floating Rate Income Fund will start trading on the the Toronto Stock Exchange (TSX). The fund will use the ticker symbol CFRT with a management fee of 0.35%, the lowest of any floating rate income ETFs.

ETF Newz Says:

The goal of the ETF is to give investors a way to diversify their fixed-income portfolios and offer them a way to defend the rising interest rates.


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