Home Breadcrumb caret Industry News Breadcrumb caret Industry CI launches high interest savings fund The new product invests in the CI First Asset ETF launched in June By Staff | July 31, 2019 | Last updated on July 31, 2019 1 min read © James Steidl / 123RF Stock Photo Toronto-based CI Investments Inc. is introducing a mutual fund to invest in its recently launched CI First Asset High Interest Savings ETF. The ETF, which invests primarily in high-interest savings accounts with a yield of approximately 2.10%, started trading on the TSX in June. The management fee on the Class F mutual fund is 0.14%, the same as for the ETF, CI said in a release. The mandate and investment objective for the two products is the same. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo