When does Global X 0-3 Month T-Bill ETF pay distributions?▾
The most recent ex-dividend date was April 30, 2026. The next scheduled dividend payment date is May 7, 2026.
What does Global X 0-3 Month T-Bill ETF invest in?▾
By investing in short-term Government of Canada T-Bills, backed by the "full faith and credit" of the Canadian Government, CBIL provides an interest-bearing alternative to Canadian dollar cash holdings, with potentially lower credit and rate risk compared to other fixed-income options. An attractive cash alternative with monthly distributions that are expected to be in excess of other short-term instruments, like bank deposits and cashable GICs. Unlike other savings vehicles, like Guaranteed Investment Certificates (“GICs”) or High-Interest Savings Accounts, which typically have minimum...
