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About CIBC Qx International Low Volatility Dividend ETF
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Inception date
Nov 16, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
CIBC Asset Management, Inc.
ISIN
CA12567B1058
The fund seeks current income and long-term capital growth from an actively managed, low volatility portfolio of dividend-paying securities outside Canada. Holdings are selected and weighted using a proprietary analysis that focuses on a stocks historical standard deviation and dividend yield. In addition to equities, units of ETFs that support the funds overall objective may also be included. During market downturns, the funds strategy may shift temporarily from its primary target by investing in cash or cash equivalents, as well as fixed income securities issued or guaranteed by the Canadian or US government, or companies. Derivatives such as options, futures, swaps, and forward contracts may also be used for both hedging and non-hedging purposes. The fund is part of CIBCs low volatility dividend suite along with CQLC and CQLU that provide exposure to Canadian and US equity markets, respectively.
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
Communications
Utilities
Stocks98.97%
Finance33.27%
Communications18.04%
Utilities15.10%
Consumer Non-Durables8.39%
Transportation5.70%
Retail Trade5.45%
Health Technology3.32%
Industrial Services2.68%
Process Industries2.43%
Consumer Services1.95%
Commercial Services1.26%
Producer Manufacturing0.56%
Miscellaneous0.42%
Technology Services0.40%
Bonds, Cash & Other1.03%
Cash1.03%
Stock breakdown by region
Europe65.05%
Asia23.91%
Oceania11.04%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CQLI invests in stocks. The fund's major sectors are Finance, with 33.27% stocks, and Communications, with 18.04% of the basket. The assets are mostly located in the Europe region.
CQLI top holdings are Orange SA and Singapore Telecommunications Limited, occupying 1.96% and 1.71% of the portfolio correspondingly.
CQLI assets under management is 571.58 M CAD. It's fallen 2.87% over the last month.
CQLI fund flows account for 524.46 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, CQLI doesn't pay dividends to its holders.
CQLI 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 Active.
CQLI expense ratio is 0.47% meaning you'd have to pay 0.47% of your investment to help manage the fund.
CQLI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CQLI invests in stocks.
CQLI price has fallen by −3.33% over the last month, and its yearly performance shows a −1.29% decrease. See more dynamics on CQLI price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.59% over the last month, showed a 2.26% increase in three-month performance and has decreased by −1.70% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.59% over the last month, showed a 2.26% increase in three-month performance and has decreased by −1.70% in a year.
CQLI trades at a premium (0.23%) meaning the ETF is trading at a higher price than the calculated NAV.