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About iShares US Fundamental Index ETF
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Inception date
Sep 8, 2006
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
ISIN
CA46433B2049
The fund is composed of US-listed large-cap stocks selected, weighted and ranked by fundamental value. The index calculates this fundamental value at the company level, rather than at stock level, using four metrics: book value, cash flow, sales and dividends. While not a classic value fund, CLU breaks the link between the price of a stock and its weight in the portfolio, aiming to hold stocks in proportion to firm size, without overweighting the priciest stocks or underweighting the undervalued stocks. With about 1,000 holdings and an alternative weighting, the fund dips into midcap territory. The index is rebalanced and reconstituted on an annual basis.
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
Finance
Electronic Technology
Stocks99.90%
Finance22.92%
Electronic Technology10.99%
Technology Services9.75%
Retail Trade7.92%
Health Technology7.04%
Energy Minerals6.26%
Consumer Non-Durables4.58%
Utilities4.44%
Producer Manufacturing3.96%
Consumer Services3.28%
Consumer Durables2.94%
Health Services2.67%
Process Industries2.53%
Communications2.41%
Distribution Services2.26%
Transportation1.85%
Industrial Services1.70%
Non-Energy Minerals1.25%
Commercial Services1.14%
Bonds, Cash & Other0.10%
Cash0.10%
Stock breakdown by region
North America96.91%
Europe2.84%
Latin America0.15%
Middle East0.08%
Asia0.02%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CLU invests in stocks. The fund's major sectors are Finance, with 22.92% stocks, and Electronic Technology, with 10.99% of the basket. The assets are mostly located in the North America region.
CLU top holdings are Microsoft Corporation and JPMorgan Chase & Co., occupying 2.52% and 2.15% of the portfolio correspondingly.
CLU last dividends amounted to 0.17 CAD. The quarter before, the issuer paid 0.18 CAD in dividends, which shows a 7.74% decrease.
CLU assets under management is 120.53 M CAD. It's risen 1.70% over the last month.
CLU fund flows account for −11.12 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.
CLU shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Sep 8, 2006, and its management style is Passive.
CLU expense ratio is 0.72% meaning you'd have to pay 0.72% of your investment to help manage the fund.
CLU follows the FTSE RAFI U.S. 1000 Hedged to CAD Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CLU invests in stocks.
CLU price has risen by 1.46% over the last month, and its yearly performance shows a 8.32% increase. See more dynamics on CLU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.70% over the last month, showed a 6.13% increase in three-month performance and has increased by 9.12% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.70% over the last month, showed a 6.13% increase in three-month performance and has increased by 9.12% in a year.
CLU trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.