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About CI Utilities Giants Covered Call ETF Trust Units -Unhedged-
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Inception date
Feb 15, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
CI Investments, Inc.
ISIN
CA12569T2039
The fund is actively managed to provide cash distributions, potential for capital appreciation, and lower volatility of returns by investing in equity securities of at least 20 of the largest utility companies traded in the North American exchange. The utility companies included in the fund are those classified in GICS within electric, gas, water, and multi-utility companies. The fund seeks income and capital appreciation by employing a covered call option strategy on 25% of the securities of each portfolio issuer. The issuers are selected based on their market capitalization, and are adjusted based on the securities' liquidity and their related call options. Each security within the portfolio is equally weighed. It is intended that at least 90% of the value of the foreign exchange exposure attributable to CUTL, if any, will be hedged back to the Canadian dollar.
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
Utilities
Stocks100.01%
Utilities99.79%
Bonds, Cash & Other−0.01%
Cash0.21%
Miscellaneous0.03%
Rights & Warrants−0.26%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CUTL.B top holdings are Exelon Corporation and PG&E Corporation, occupying 5.10% and 5.09% of the portfolio correspondingly.
CUTL.B last dividends amounted to 0.39 CAD. The quarter before, the issuer paid 0.25 CAD in dividends, which shows a 37.00% increase.
Yes, CUTL.B pays dividends to its holders with the dividend yield of 5.60%. The last dividend (Jun 30, 2025) amounted to 0.39 CAD. The dividends are paid quarterly.
CUTL.B shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Feb 15, 2023, and its management style is Active.
CUTL.B follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CUTL.B invests in stocks.
CUTL.B price has risen by 1.65% over the last month, and its yearly performance shows a 11.28% increase. See more dynamics on CUTL.B price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.84% over the last month, showed a 5.47% increase in three-month performance and has increased by 17.95% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.84% over the last month, showed a 5.47% increase in three-month performance and has increased by 17.95% in a year.
CUTL.B trades at a premium (0.36%) meaning the ETF is trading at a higher price than the calculated NAV.