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 $20.14 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: -0.64%, 1-year: +2.65%, 3-year annualised: +5.25%, 5-year annualised: +3.00%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.83, 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 2.99%. 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 $280M 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 1.57% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.83 indicates moderate risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-08-14	$20.14	$20.14	$20.14	$20.14	$20.14	0
2026-08-13	$20.14	$20.14	$20.14	$20.14	$20.14	100
2026-08-12	$20.10	$20.10	$20.10	$20.10	$20.10	0
2026-08-11	$20.08	$20.08	$20.08	$20.08	$20.08	250
2026-08-10	$20.14	$20.14	$20.14	$20.14	$20.14	0
2026-08-07	$20.18	$20.18	$20.18	$20.18	$20.18	0
2026-08-06	$20.14	$20.14	$20.14	$20.14	$20.14	0
2026-08-05	$20.14	$20.14	$20.14	$20.14	$20.14	2,100
2026-08-04	$20.10	$20.10	$20.10	$20.10	$20.10	6,800
2026-07-31	$20.10	$20.10	$20.10	$20.10	$20.10	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%

Ticker	Name	Price	1D
RDDY	Harvest Reddit Enhanced High Income Shares ETF	$5.73	+14.14%
AMDU		$19.00	+12.69%
XDGH	iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)	$35.92	+9.11%
MSTZ		$8.56	+7.40%
AMDY	Harvest AMD Enhanced High Income Shares ETF - Class A Units	$40.02	+6.63%
BLKY	Harvest Block Enhanced High Income Shares ETF	$13.31	+5.72%
CGMU		$9.72	+4.85%
SHPD		$6.12	+4.79%

CIBC Investor's Edge

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

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

7 stocks to buy and hold forever

Compare CRED

Explore More

Compare CRED vs Similar ETFs

Frequently Asked Questions — CRED