Premium Cash Management Fund (TSX:MCAD)
Canada
· Delayed Price · Currency is CAD | Assets | 70.15M |
| Expense Ratio | 0.07% |
| PE Ratio | n/a |
| Dividend (ttm) | 4.30 |
| Dividend Yield | 4.29% |
| Ex-Dividend Date | Apr 29, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | -0.14% |
| Volume | 323 |
| Open | 100.26 |
| Previous Close | 100.25 |
| Day's Range | 100.26 - 100.27 |
| 52-Week Low | 100.00 |
| 52-Week High | 100.49 |
| Beta | n/a |
| Holdings | 74 |
| Inception Date | May 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.
Performance
MCAD had a total return of -0.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.17%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 29, 2025 | 0.27226 CAD | May 7, 2025 |
| Mar 27, 2025 | 0.24993 CAD | Apr 7, 2025 |
| Feb 26, 2025 | 0.26949 CAD | Mar 7, 2025 |
| Jan 28, 2025 | 0.26458 CAD | Feb 7, 2025 |
| Dec 31, 2024 | 0.01753 CAD | Jan 8, 2025 |
| Dec 30, 2024 | 0.34721 CAD | Jan 8, 2025 |