Key stats
About CI GLOBAL MINIMUM DOWNSIDE VOLATILI HEDGED COM UNITS
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Inception date
Jan 19, 2023
The fund tracks an index of stocks of various capitalization that exhibit lower downside volatility over the broader equity market. Through an optimizer, the passively managed fund seeks to hold a portfolio with a target number of stocks from developed markets, as well as avoiding excessive sector concentration and index turnover. The underlying index minimizes downside volatility by selecting and weighting stocks through an optimized approach and the covariance matrix. The optimizer takes into consideration constraints for securities, sectors, and returns. The index is rebalanced semi-annually every January and July.
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
Communications
Consumer Non-Durables
Technology Services
Industrial Services
Finance
Stocks98.55%
Communications15.74%
Consumer Non-Durables11.70%
Technology Services10.90%
Industrial Services10.86%
Finance10.44%
Health Technology9.55%
Retail Trade7.07%
Consumer Services6.59%
Utilities5.51%
Electronic Technology3.99%
Transportation2.12%
Health Services1.02%
Producer Manufacturing0.70%
Process Industries0.57%
Consumer Durables0.47%
Commercial Services0.47%
Distribution Services0.36%
Energy Minerals0.25%
Non-Energy Minerals0.23%
Bonds, Cash & Other1.45%
Miscellaneous0.96%
Cash0.49%
Stock breakdown by region
North America69.65%
Asia14.84%
Europe14.40%
Middle East0.68%
Oceania0.43%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history