CI Marret Alternative Enhanced Yield Fund Trust UnitsCI Marret Alternative Enhanced Yield Fund Trust UnitsCI Marret Alternative Enhanced Yield Fund Trust Units

CI Marret Alternative Enhanced Yield Fund Trust Units

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Key stats


Assets under management (AUM)
‪8.18 M‬CAD
Fund flows (1Y)
‪3.17 M‬CAD
Dividend yield (indicated)
4.33%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪410.00 K‬
Expense ratio
1.29%

About CI Marret Alternative Enhanced Yield Fund Trust Units


Issuer
CI Financial Corp.
Brand
CI
Inception date
May 14, 2020
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
CI Investments, Inc.
ISIN
CA12560F1036
The fund seeks to provide income with low volatility, while targeting low correlation to equity and traditional income. To achieve this goal, the fund will invest primarily in both cash and debt instruments of any credit quality in the developed world, and will use leverage, through cash borrowings, short sales and derivatives. Debt holdings includes government debt, investment grade corporate debt, high yield debt, credit derivatives and other income-producing securities including ETFs. The use of leverage must not exceed three times the funds net asset. Portfolio holdings are tactically managed based on sub-advisers views of the markets, opportunities and risk. These views are determined through a mix of top-down macroeconomic analysis, and a bottom-up company/security level analysis. Do note though that this flexible approach may result in a higher portfolio turnover rate.

Broaden your horizons with more funds linked to CMEY via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Developed Markets
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Government
Stock breakdown by region
0.1%0%97%2%0.4%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CMEY trades at 19.92 CAD today, its price has fallen −0.10% in the past 24 hours. Track more dynamics on CMEY price chart.
CMEY net asset value is 19.95 today — it's risen 1.05% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CMEY assets under management is ‪8.18 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CMEY price has risen by 3.00% over the last month, and its yearly performance shows a 0.91% increase. See more dynamics on CMEY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.05% over the last month, showed a 2.20% increase in three-month performance and has increased by 5.65% in a year.
CMEY fund flows account for ‪3.17 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CMEY invests in bonds. See more details in our Analysis section.
CMEY expense ratio is 1.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CMEY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CMEY technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CMEY shows the buy signal. See more of CMEY technicals for a more comprehensive analysis.
Yes, CMEY pays dividends to its holders with the dividend yield of 4.33%.
CMEY trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CMEY shares are issued by CI Financial Corp.
CMEY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 14, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.