Key stats
About CI Gold+ Giants Covered Call ETF Trust Units -USD Hedged-
Home page
Inception date
Mar 3, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
CI Investments, Inc.
ISIN
CA12558N2095
The fund seeks to provide quarterly cash distributions and capital appreciation by actively selecting large-cap gold and precious metals companies listed on a North American stock exchange. The fund specifically includes firms involved in the mining, fabrication, processing, and distribution of metals including gold, silver, platinum, palladium, and diamonds. The fund holds a concentrated portfolio of at least 15 companies selected by market-cap, however, adjustments can be made based on the fund advisers view on the firms liquidity and their related call options. Holdings are typically equally weighted, but due to an active approach, weightings may deviate significantly. To generate additional income and lower the overall volatility, the fund employs a covered call option strategy on approx. 25% of the portfolio. Rebalancing usually occurs quarterly, subject to fund advisers discretion. Prior to April 22, 2021, the fund was named CI First Asset Gold+ Giants Covered Call ETF.
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
Non-Energy Minerals
Stocks100.32%
Non-Energy Minerals100.00%
Bonds, Cash & Other−0.32%
Cash−0.01%
Miscellaneous−0.01%
Rights & Warrants−0.29%
Stock breakdown by region
North America73.63%
Europe13.21%
Africa13.16%
Latin America0.00%
Asia0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CGXF.U top holdings are Lundin Gold Inc. and Endeavour Mining PLC, occupying 6.83% and 6.83% of the portfolio correspondingly.
CGXF.U assets under management is 5.60 M USD. It's risen 0.63% over the last month.
CGXF.U fund flows account for −620.95 K USD (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, CGXF.U doesn't pay dividends to its holders.
CGXF.U shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Mar 3, 2022, and its management style is Active.
CGXF.U expense ratio is 1.11% meaning you'd have to pay 1.11% of your investment to help manage the fund.
CGXF.U follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CGXF.U invests in stocks.
CGXF.U price has risen by 19.61% over the last month, and its yearly performance shows a 63.83% increase. See more dynamics on CGXF.U price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 15.78% over the last month, showed a 29.53% increase in three-month performance and has increased by 75.32% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 15.78% over the last month, showed a 29.53% increase in three-month performance and has increased by 75.32% in a year.
CGXF.U trades at a premium (0.38%) meaning the ETF is trading at a higher price than the calculated NAV.