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About CI Global Alpha Innovation ETF Trust Units
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Inception date
Aug 17, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
ISIN
CA12567C1032
The fund actively and primarily invests in a portfolio of global equity securities deemed to benefit from innovations and advancements in technology, as well as its products, processes or services. The advisor uses fundamental research including financial data analysis, management quality evaluation, and economic performance in assessing companies technological potential. In seeking to manage risk, the fund may also hold derivatives such as options, futures, forward contracts, and swaps, and other equity-related securities including cash and cash-equivalent securities. Since the fund is actively managed, weighting of the constituents is at the discretion of the manager. The fund is designed for investors with medium risk appetite who are seeking long-term capital growth from a diversified portfolio delivering efficient exposure to the potential of global firms.
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
Technology Services
Electronic Technology
Stocks99.56%
Technology Services43.07%
Electronic Technology33.97%
Health Technology6.87%
Retail Trade5.34%
Finance3.98%
Producer Manufacturing3.16%
Commercial Services3.13%
Bonds, Cash & Other0.44%
Cash0.48%
Miscellaneous−0.04%
Stock breakdown by region
North America88.43%
Asia5.63%
Middle East2.87%
Latin America1.75%
Europe1.32%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CINV invests in stocks. The fund's major sectors are Technology Services, with 43.09% stocks, and Electronic Technology, with 33.98% of the basket. The assets are mostly located in the North America region.
CINV top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 8.87% and 7.22% of the portfolio correspondingly.
CINV assets under management is 8.97 M CAD. It's risen 7.71% over the last month.
CINV fund flows account for 3.33 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, CINV doesn't pay dividends to its holders.
CINV shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Aug 17, 2021, and its management style is Active.
CINV expense ratio is 1.63% meaning you'd have to pay 1.63% of your investment to help manage the fund.
CINV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CINV invests in stocks.
CINV price has risen by 9.86% over the last month, and its yearly performance shows a 36.97% increase. See more dynamics on CINV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.86% over the last month, showed a 20.06% increase in three-month performance and has increased by 41.36% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.86% over the last month, showed a 20.06% increase in three-month performance and has increased by 41.36% in a year.
CINV trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.