Question 1

What is CRED?

Accepted Answer

CRED — CI Lawrence Park Alternative Investment Grade Credit ETF C$ Series Units — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the CRED ETF price today?

Accepted Answer

CRED last traded at $20.19 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the CRED MER (management expense ratio)?

Accepted Answer

CRED has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, CRED is considered a low-cost ETF.

Question 4

What are CRED annualised returns?

Accepted Answer

CRED historical returns: YTD: -0.39%, 1-year: +3.41%, 3-year annualised: +5.45%, 5-year annualised: +2.96%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.02, which measures risk-adjusted return.

Question 5

Does CRED pay dividends or distributions?

Accepted Answer

Yes, CRED distributes income to unitholders. The current distribution yield is approximately 2.97%. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does CRED invest in?

Accepted Answer

CRED's top holdings include iShares Core Canadian Corporate Bond Index ETF (XCB, 7.5%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar CAD O/N Cash GR CAD.

Question 7

What sectors does CRED invest in?

Accepted Answer

CRED's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is CRED? (Assets under management)

Accepted Answer

CRED has approximately $372M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was CRED launched?

Accepted Answer

CRED was launched on January 23, 2020, giving it a 6-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy CRED in Canada?

Accepted Answer

CRED trades on the TSX under the ticker CRED. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is CRED?

Accepted Answer

CRED has a 1-year volatility of 1.52% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.02 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-20	$20.19	$20.19	$20.19	$20.19	$20.19	0
2026-07-17	$20.19	$20.19	$20.19	$20.19	$20.19	0
2026-07-16	$20.19	$20.20	$20.19	$20.20	$20.20	5,900
2026-07-15	$20.16	$20.16	$20.16	$20.16	$20.16	0
2026-07-13	$20.20	$20.20	$20.20	$20.20	$20.20	0
2026-07-10	$20.17	$20.17	$20.17	$20.17	$20.17	0
2026-07-09	$20.18	$20.18	$20.18	$20.18	$20.18	0
2026-07-08	$20.20	$20.20	$20.20	$20.20	$20.20	6,900
2026-07-07	$20.22	$20.22	$20.22	$20.22	$20.22	0
2026-07-06	$20.21	$20.21	$20.21	$20.21	$20.21	0

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

CI Lawrence Park Alternative Investment Grade Credit ETF C$ Series Units (CRED : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About CI Lawrence Park Alternative Investment Grade Credit ETF C$ Series Units

ETF Details

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Frequently Asked Questions — CRED