CBIL distribution is now $0.21, CASH is $0.195 - Reddit

Q: Why did CBIL lose some of the value it didn't distribute?

This means CBIL retained some of the value which it didn't distribute for some reason - perhaps because of how the cash flows work for the T-Bills. As CASH went back to it's month start value at the end of the month the actual value of CBIL's return is actually closer to CASH's.

Q: How to buy CBIL a lower price on May 31 2023?

Basically, we could buy CBIL a lower price on May 31, 2023 around $49.99 instead of $50 as CBIL reset the price at $49.9875. We could calculate and project the Jun 2023 interest for CBIL (4.4165%) and CASH (4.818%). Last edited by X360 on Jun 3rd, 2023 1:10 pm, edited 2 times in total.

Q: What is the difference between CBIL and cash?

For reference, CBIL = 3.23% and CASH = 3.71 Want to add to the discussion? Post a comment! FYI, the rates haven't updated for December yet. If you hover over the info icon it says those are the rates calculated based on the "most recent regular distribution" which is still November's distribution since December's has not been recorded yet.

Q: What is CBIL's yield?

CBIL's most recent yield payment last week: $0.21/$50*100*12=5.04% annualized. CASH's was 5.16%. The lowest CBIL's ever been in it's history is 4.54%. I don't use WS, so I have no idea what info they are posting. CASH (and other HISA ETFs) are subject to possible yield reduction this month from new OSFI regulatory changes.

Q: Why is CBIL a lower price than cash?

The reason for CBIL has lower price than CASH because CBIL reset the NAV price lower than $50 (CBIL declared too much distribution for May 2023) and it has lower interest compared to CASH. Basically, we could buy CBIL a lower price on May 31, 2023 around $49.99 instead of $50 as CBIL reset the price at $49.9875.

Q: Is CBIL a good investment?

Seems like CBIL would be the obvious choice when looking to park some money but still have liquidity. Thoughts? CASH is paying out 5.38% and CBIL is paying out 5.40%. Both of these are incorrect. This is the annualized distribution yield. It takes the most recent payout and multiplies it by 12 to determine the yield.

Assuming that these distribution levels remain, or that CBIL continues to pay a higher yield and distribution than CASH, then why is anyone buying CASH? CASH has the credit risk of banks, …

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$0.21
OFF

CBIL Distribution Is Now $0.21, CASH Is $0.195 - Reddit

3 weeks from now

Assuming that these distribution levels remain, or that CBIL continues to pay a higher yield and distribution than CASH, then why is anyone buying CASH? CASH has the credit risk of banks, …

reddit.com

$49.98
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CASH Vs CBIL : R/PersonalFinanceCanada - Reddit

3 weeks from now

And to further complicate things, the current NAV of CBIL is $49.9879. In other words the distribution of CBIL was about 1.21 cents too high. The NAV of CASH is $50.0001 or roughly …

reddit.com

$0.05
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Why Is Anyone Still Buying CASH Over CBIL? : PersonalFinanceCanada

3 weeks from now

Aug 16, 2024 · So CBIL is recently about $0.05 cheaper so you can buy a few more units with CBIL given a fixed amount of money. And if they keep paying an equal distribution then CBIL …

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96%
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High Interest Cash/MM ETFs (< 4.96%) [CAD/USD] [CDIC: NO!], …

3 weeks from now

Oct 8, 2024 · dealhawk1 wrote: ↑ Time to start buying CBIL.TO because the annual yield on CASH is now 5.38 % and CBIL is 6.35 % according to Horizons. Plus CBIL is safer. ... CASH …

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96%
OFF

High Interest Cash/MM ETFs (< 4.96%) [CAD/USD] [CDIC: NO!], …

3 weeks from now

Jun 10, 2013 · Find the best mortgage rates and see what’s available on the market now. Other Tools. Other Tools. Deal Alerts; RedFlagDeals Mobile App; Toilet Paper Calculator; Toronto, …

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96%
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High Interest Cash/MM ETFs (< 4.96%) [CAD/USD] [CDIC: NO!], …

3 weeks from now

Jun 2, 2023 · The reason for CBIL has lower price than CASH because CBIL reset the NAV price lower than $50 (CBIL declared too much distribution for May 2023) and it has lower interest …

redflagdeals.com

5%
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HISA Discussion: Any Good Options? : PersonalFinanceCanada

3 weeks from now

Reddit's Investing Discord: https://discord.com ... WS can beat 3.5%. You open up an investing account, buy stuff like CASH/CBIL etc. Free to buy/sell. Example - Google says CBIL 1 month …

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$50
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CBIL Vs CASH.TO : R/PersonalFinanceCanada - Reddit

3 weeks from now

This is the analysis that makes sense as they each reset to $50 each month as the distribution is paid. So you can easily see the difference in return by looking at the current distribution. ...

reddit.com

96%
OFF

High Interest Cash/MM ETFs (< 4.96%) [CAD/USD] [CDIC: NO!], …

3 weeks from now

Dec 23, 2024 · I’m going to email Horizon etf and ask who their custodian is for the CBIL ETF. Keeping money in CSAV, CASH, PSA is not safe if National Bank undergoes a bank run or if …

redflagdeals.com

0%
OFF

Prior To The Opening Of Trading On May 1, 2024, The Name Of

3 weeks from now

2. Cash 0.0% Total percentage of top 2 investments 100.4% Total number of investments: 6 Investment mix (March 31, 2024) Asset & Sector Mix 100.4% Treasury Bills 0.0% Cash 0.4% …

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FAQs about CBIL distribution is now $0.21, CASH is $0.195 - Reddit Coupon?

Why did CBIL lose some of the value it didn't distribute?

This means CBIL retained some of the value which it didn't distribute for some reason - perhaps because of how the cash flows work for the T-Bills. As CASH went back to it's month start value at the end of the month the actual value of CBIL's return is actually closer to CASH's. ...

How to buy CBIL a lower price on May 31 2023?

Basically, we could buy CBIL a lower price on May 31, 2023 around $49.99 instead of $50 as CBIL reset the price at $49.9875. We could calculate and project the Jun 2023 interest for CBIL (4.4165%) and CASH (4.818%). Last edited by X360 on Jun 3rd, 2023 1:10 pm, edited 2 times in total. ...

What is the difference between CBIL and cash?

For reference, CBIL = 3.23% and CASH = 3.71 Want to add to the discussion? Post a comment! FYI, the rates haven't updated for December yet. If you hover over the info icon it says those are the rates calculated based on the "most recent regular distribution" which is still November's distribution since December's has not been recorded yet. ...

What is CBIL's yield?

CBIL's most recent yield payment last week: $0.21/$50*100*12=5.04% annualized. CASH's was 5.16%. The lowest CBIL's ever been in it's history is 4.54%. I don't use WS, so I have no idea what info they are posting. CASH (and other HISA ETFs) are subject to possible yield reduction this month from new OSFI regulatory changes. ...

Why is CBIL a lower price than cash?

The reason for CBIL has lower price than CASH because CBIL reset the NAV price lower than $50 (CBIL declared too much distribution for May 2023) and it has lower interest compared to CASH. Basically, we could buy CBIL a lower price on May 31, 2023 around $49.99 instead of $50 as CBIL reset the price at $49.9875. ...

Is CBIL a good investment?

Seems like CBIL would be the obvious choice when looking to park some money but still have liquidity. Thoughts? CASH is paying out 5.38% and CBIL is paying out 5.40%. Both of these are incorrect. This is the annualized distribution yield. It takes the most recent payout and multiplies it by 12 to determine the yield. ...