Premium Cash Management Fund (TSX:MCAD)

Canada flag Canada · Delayed Price · Currency is CAD
100.03
+0.01 (0.01%)
Jul 31, 2025, 4:00 PM EDT
0.01%
Assets68.71M
Expense Ratio0.07%
PE Ration/a
Dividend (ttm)3.53
Dividend Yield3.53%
Ex-Dividend DateJul 29, 2025
Payout FrequencyMonthly
Payout Ration/a
1-Year Return+0.01%
Volume1,600
Open100.03
Previous Close100.02
Day's Range100.02 - 100.03
52-Week Low100.00
52-Week High100.49
Betan/a
Holdings72
Inception DateMay 29, 2023

About MCAD

Premium Cash Management Fund is an exchange traded fund launched and managed by Evolve Funds Group Inc. The fund invests in fixed income markets of Canada. It primarily invests in Canadian dollar-denominated high-quality short term debt instruments such as treasury bills, bankers acceptances, bearer deposit notes, commercial paper including asset-backed commercial paper, promissory notes, floating rate notes as well as other short term debt obligations of, or guaranteed by, the Canadian governments or their agencies, Canadian chartered banks, Canadian loan or trust companies or Canadian corporations with a term to maturity of 365 days or less. It seeks to benchmark the performance of its portfolio against the Bank of Canada Treasury Bills One Month. Premium Cash Management Fund was formed on May 26, 2023 and is domiciled in Canada.

Asset Class Fixed Income
Category Investment Grade
Stock Exchange Toronto Stock Exchange
Ticker Symbol MCAD
Provider Evolve

Performance

MCAD had a total return of 0.01% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.01%.

Dividend History

Ex-DividendAmountPay Date
Jul 29, 20250.24231 CADAug 8, 2025
Jun 26, 20250.21919 CADJul 8, 2025
May 28, 20250.22591 CADJun 6, 2025
Apr 29, 20250.27226 CADMay 7, 2025
Mar 27, 20250.24993 CADApr 7, 2025
Feb 26, 20250.26949 CADMar 7, 2025
Full Dividend History