MCAD Premium Cash Management Fund
MCAD aims to deliver steady monthly income with daily liquidity, by investing primarily in high-quality Canadian dollar denominated money market securities with a term to maturity less than 1 year.
Last close $100.05 on Nov 3, 2026
Evolve Cash and HISA Monthly
Official fund page on Evolve's siteNot scored
cash funds are not scored
Yield
2.5%
1-year return
+2.1%
Fee (MER)
0.27%
Worst drop
-0.1%
Liquidity
Low
638.4 units a day
About $63,876 traded
MCAD income calculator
$104 a month, $1,250 a year before tax, assuming the price and payout stay as they are
MCAD yields 2.5% at today's price. Yields move with the unit price and the distribution, and payouts do get cut: try a cut above to see the effect.
MCAD distribution history
Pays monthly. Last paid $0.210 a unit on Oct 27, 2026. $2.10 a unit in cash over the 12 months to then.
| Pay date | Per unit |
|---|---|
| Oct 27, 2026 | $0.210 |
| Sep 24, 2026 | $0.181 |
| Aug 26, 2026 | $0.181 |
| Jul 28, 2026 | $0.203 |
| Jun 25, 2026 | $0.172 |
| May 28, 2026 | $0.184 |
| Apr 28, 2026 | $0.202 |
| Mar 26, 2026 | $0.173 |
| Feb 26, 2026 | $0.180 |
| Jan 28, 2026 | $0.171 |
| Dec 31, 2025 | $0.0130 |
| Dec 30, 2025 | $0.229 |
Loading charts and comparison…
Data as of Nov 3, 2026. MCAD is shown for information only: this is not a recommendation to buy or sell it.