Key stats
About CI Gold Bullion Fund Trust Units -Unhedged-
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Inception date
Mar 17, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Capitalizes
Primary advisor
CI Investments, Inc.
ISIN
CA12562B3083
The fund, like other physically backed gold ETFs, provides an efficient way for Canadian investors to obtain exposure to gold through an ETF. The fund invests directly in physical gold stored in a London vault under the custody of JPMorgan Chase Bank, NA. Structured as a grantor trust, the fund prevents trustees from lending the underlying gold. Since VALT holds physical gold bars, investors can expect the fund to track the price of spot gold closely. As the currency-hedged version, any USD currency exposure will be hedged back to the Canadian dollar using derivatives, including currency forward contracts. A CAD-unhedged (VALT.B) version and a USD-unhedged version (VALT.U) are also available.
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
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Cash−0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, VALT.B doesn't pay dividends to its holders.
VALT.B shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Mar 17, 2021, and its management style is Passive.
VALT.B expense ratio is 0.16% meaning you'd have to pay 0.16% of your investment to help manage the fund.
VALT.B follows the LBMA Gold Price PM CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
VALT.B price has risen by 8.68% over the last month, and its yearly performance shows a 47.31% increase. See more dynamics on VALT.B price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.82% over the last month, showed a 8.68% increase in three-month performance and has increased by 47.63% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.82% over the last month, showed a 8.68% increase in three-month performance and has increased by 47.63% in a year.
VALT.B trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.