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About CIBC Clean Energy Index ETF
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Inception date
Nov 16, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
CIBC Asset Management, Inc.
ISIN
CA12550D1006
The fund provides exposure to the Clean Energy sector in North America (Canada and US) while excluding US MLPs. This sector provides the products and services to aid a more sustainable energy sector and may include business segments such as Renewable Energy (Solar, Wind, Hydro, Geothermal, and Bioenergy) and Clean Technology (Electric Vehicles, Energy Management & Storage, Fuel Cell, and Hydrogen). Besides liquidity and trading requirements, these businesses must have commercial revenues and a majority stake in the Clean Energy sector, which can be based on reported fundamentals such as estimated EBITDA, operating income, FCF, asset base, customer base, or any other criteria the index committee deems relevant. The committee will aim to include at least 30 securities in the index. The index will rebalance and reconstitute quarterly at the close of the 3rd Friday starting March.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Utilities
Consumer Durables
Stocks96.27%
Electronic Technology30.30%
Utilities21.90%
Consumer Durables13.56%
Producer Manufacturing9.63%
Process Industries9.42%
Finance4.52%
Commercial Services4.14%
Industrial Services1.57%
Retail Trade1.24%
Bonds, Cash & Other3.73%
ETF3.66%
Cash0.07%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CCLN invests in stocks. The fund's major sectors are Electronic Technology, with 30.30% stocks, and Utilities, with 21.90% of the basket. The assets are mostly located in the North America region.
CCLN top holdings are Tesla, Inc. and Sunrun Inc., occupying 5.68% and 5.57% of the portfolio correspondingly.
CCLN assets under management is 714.48 K CAD. It's fallen 32.58% over the last month.
CCLN fund flows account for −1.03 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, CCLN doesn't pay dividends to its holders.
CCLN shares are issued by Canadian Imperial Bank of Commerce under the brand CIBC. The ETF was launched on Nov 16, 2021, and its management style is Passive.
CCLN expense ratio is 0.41% meaning you'd have to pay 0.41% of your investment to help manage the fund.
CCLN follows the CIBC Atlas Clean Energy Select Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CCLN invests in stocks.
CCLN price has risen by 6.89% over the last month, and its yearly performance shows a 14.67% increase. See more dynamics on CCLN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 9.81% over the last month, showed a 25.21% increase in three-month performance and has increased by 9.67% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 9.81% over the last month, showed a 25.21% increase in three-month performance and has increased by 9.67% in a year.
CCLN trades at a premium (3.43%) meaning the ETF is trading at a higher price than the calculated NAV.