Key stats
About CI US ENHANCED VALUE INDEX ETF UNHEDGED COMMON UNITS
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Inception date
Jan 16, 2024
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Physical
The fund provides exposure to US value stocks. Starting with an initial universe of 1000 US large- and mid-cap companies, the index selects 100 equity securities with the highest value scores based on five fundamental factors: price-to-book, price-to-earnings, price-to-sales, dividend yield, and free cash flow yield. The index utilizes both current and forward-looking values to compute for each factor, except for the free cash flow yield, where only the forward-looking factor is used. Selected stocks are weighted by the product of their market capitalization and value score. The maximum weight for each security is capped at 7%. Sector constraints are also applied for portfolio diversification. The index rebalances semi-annually.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.