This ETF provides differentiated exposure to some of the largest, most innovative technology companies by minimizing volatility and generating attractive income through an actively managed covered call writing strategy. The largest 25 issuers, measured by market capitalization, listed on the NYSE or Nasdaq are chosen for inclusion in the ETF on an equally weighted basis and are rebalanced quarterly. Distributions are paid quarterly and no more than 25% of the portfolio's securities will have call options written upon them at any given time.
The foreign currency exposure attributable to the Units will not be hedged back to the Canadian dollar.
| 1m | 3m | 6m | YTD | 1y | SI | |
|---|---|---|---|---|---|---|
| TXF.B | 6.49% | 16.71% | 16.68% | 21.07% | 17.44% | 20.99% |
| Benchmark | 7.17% | 22.16% | 17.37% | 25.64% | 28.81% | 28.77% |
| As at: 30 Apr 2019 - Benchmark: S&P 500 Info Tech Index (Total Return) (Unhedged) | ||||||
As at 30 April 2019
*As a percent of invested assets
The indicated rates of return are the historical annual compounded total returns, including changes in unit value and do not take into account sales, redemption or optional charges or income taxes payable by a security holder that would have reduced returns.
Fund Characteristics | |
| Gross Option Premium* | 7.11% |
|---|---|
| Current Dividend Yield1 | 1.08% |
| Price/Earnings Ratio | 20.28 |
| Price/Book Ratio | 7.04 |
| As at 30 Apr, 2019 * Gross Option Premiums represent those received on 18 Apr, 2019 1 The Current Dividend Yield represents the gross yield on the ETF`s underlying portfolio of securities. It is not the yield or the distribution investors will receive by virtue of an investment in the ETF. | |
Fund Statistics | |
| P/S Ratio (TTM) (Long) | 3.39 |
|---|---|
| P/C Ratio (TTM) (Long) | 14.30 |
| ROA % (TTM) (Long) | 12.00 |
| ROE % (TTM) (Long) | 30.80 |
| As at 30 Apr, 2019 | |
Twelve month trailing distribution yield : 7.71% (as at 21 May 2019)
| TXF.B | Total | Cash | Reinvested | Eligible dividends | Non eligible dividends | Other income | Capital Gains | Return of capital | Foreign Income | Foreign tax paid |
|---|---|---|---|---|---|---|---|---|---|---|
| SI | $2.22420 | $1.95420 | $0.27000 | - | - | - | $1.72768 | $0.03509 | $0.15580 | $0.02338 |
| 2019 + | $0.32900 | $0.32900 | - | - | - | - | - | - | - | - |
| 25-Mar | $0.32900 | $0.32900 | - | - | - | - | - | - | - | - |
| 2018 + | $1.31840 | $1.31840 | - | - | - | - | $1.15135 | $0.03462 | $0.15580 | $0.02338 |
| 21-Dec | $0.37220 | $0.37220 | - | - | - | - | $0.32504 | $0.00977 | $0.04398 | $0.00660 |
| 24-Sep | $0.33320 | $0.33320 | - | - | - | - | $0.29098 | $0.00875 | $0.03938 | $0.00591 |
| 25-Jun | $0.34570 | $0.34570 | - | - | - | - | $0.30190 | $0.00908 | $0.04085 | $0.00613 |
| 23-Mar | $0.26730 | $0.26730 | - | - | - | - | $0.23343 | $0.00702 | $0.03159 | $0.00474 |
| 2017 + | $0.57680 | $0.30680 | $0.27000 | - | - | - | $0.57633 | $0.00047 | - | - |
| 28-Dec | $0.30680 | $0.30680 | - | - | - | - | $0.30655 | $0.00025 | - | - |
| 28-Dec | $0.27000 | - | $0.27000 | - | - | - | $0.26978 | $0.00022 | - | - |
(1) Future distribution dates may be amended at any time. (2) Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. (3) The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the Fund's tax year end. Therefore investors will be informed of the characterization of the amounts distributed for tax purposes only for the entire year and not with each distribution. For tax purposes these amounts will be reported by brokers on official tax statements.
31 Dec, 2018 | Annual Financial Statements
30 Jun, 2018 | Interim Financial Statements
31 Dec, 2017 | Annual Financial Statements
31 Dec, 2018 | Annual Management Report of Fund Performance
30 Jun, 2018 | Interim Management Report of Fund Performance
31 Dec, 2017 | Annual Management Report of Fund Performance
30 Sep, 2018 | Summary of Investment Portfolio
31 Mar, 2018 | Quarterly Summary of Investment Portfolio
30 Jun, 2018 | Proxy Voting Record
19 Sep, 2011 | Distribution Reinvestment Plan
4 Jun, 2018 | First Asset Tech Giants Covered Call ETF Announces Results of Unitholder Meeting
20 Apr, 2018 | First Asset Tech Giants Covered Call ETF Announces Unitholder Meeting
19 Apr, 2018 | Letter to the Unitholders of First Asset Tech-Giants Covered Call ETF
19 Apr, 2018 | Management Information Circular
19 Apr, 2018 | Voting Instruction Form
19 Apr, 2018 | Form of Proxy
Warning: Documents posted on this website (including, without limitation, prospectuses) are current only as of the date on them
To access the SEDAR filings of CI First Asset Tech Giants Covered Call ETF (Unhedged) please click here