Key stats
About CI U.S. Enhanced Value Index Fund
Home page
Inception date
Jan 16, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
CI Investments, Inc.
ISIN
CA12570W1041
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
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
Electronic Technology
Finance
Technology Services
Stocks99.52%
Electronic Technology17.98%
Finance17.85%
Technology Services17.30%
Health Technology9.22%
Producer Manufacturing4.61%
Energy Minerals4.46%
Retail Trade4.04%
Consumer Non-Durables3.66%
Consumer Services3.33%
Health Services2.93%
Utilities2.42%
Transportation2.40%
Communications2.05%
Consumer Durables1.62%
Process Industries1.55%
Distribution Services1.42%
Industrial Services1.08%
Commercial Services0.81%
Non-Energy Minerals0.79%
Bonds, Cash & Other0.48%
Cash0.39%
Temporary0.06%
Miscellaneous0.03%
Stock breakdown by region
North America97.37%
Europe2.59%
Oceania0.04%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CVLU invests in stocks. The fund's major sectors are Electronic Technology, with 17.98% stocks, and Finance, with 17.85% of the basket. The assets are mostly located in the North America region.
CVLU top holdings are Apple Inc. and Alphabet Inc. Class A, occupying 7.25% and 6.19% of the portfolio correspondingly.
CVLU last dividends amounted to 0.08 CAD. The quarter before, the issuer paid 0.09 CAD in dividends, which shows a 10.53% decrease.
CVLU assets under management is 7.92 M CAD. It's risen 2.56% over the last month.
CVLU fund flows account for −1.19 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.
Yes, CVLU pays dividends to its holders with the dividend yield of 1.53%. The last dividend (Sep 29, 2025) amounted to 0.08 CAD. The dividends are paid quarterly.
CVLU shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Jan 16, 2024, and its management style is Passive.
CVLU expense ratio is 0.34% meaning you'd have to pay 0.34% of your investment to help manage the fund.
CVLU follows the VettaFi US Enhanced Value Index - CAD - Benchmark TR Net Hedged. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CVLU invests in stocks.
CVLU price has risen by 4.18% over the last month, and its yearly performance shows a 13.63% increase. See more dynamics on CVLU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.80% over the last month, showed a 10.28% increase in three-month performance and has increased by 13.06% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.80% over the last month, showed a 10.28% increase in three-month performance and has increased by 13.06% in a year.
CVLU trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.