CI First Asset U.S. Buyback Index ETF (CAD Hedged)

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    • Array ( [0] => Array ( [id] => 8335 [articleType] => 0 [articleTitle] => CI Global Asset Management Announces Unitholder Approval of ETF Mergers and Investment Objective Changes, and Related Estimated Reinvested Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Business Wire [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2021-04-05 00:00:00 [related_img] => ) [1] => Array ( [id] => 8306 [articleType] => 0 [articleTitle] => CI Global Asset Management Announces March 2021 Distributions for CI ETFs [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Business Wire [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2021-03-16 00:00:00 [related_img] => ) [2] => Array ( [id] => 8055 [articleType] => 0 [articleTitle] => CI Global Asset Management Announces Confirmed Annual Reinvested Capital Gains Distributions for CI ETFs [articleTitle_f] => Gestion mondiale d'actifs CI annonce une confirmation des distributions annuelles de gains en capital réinvestis pour les FNB CI [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Business Wire [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2020-12-31 00:00:00 [related_img] => ) [3] => Array ( [id] => 8025 [articleType] => 0 [articleTitle] => CI Global Asset Management Announces December 2020 Distributions for CI ETFs [articleTitle_f] => Gestion mondiale d'actifs CI annonce les distributions de décembre 2020 pour les FNB CI [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Business Wire [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2020-12-14 00:00:00 [related_img] => ) [4] => Array ( [id] => 8016 [articleType] => 0 [articleTitle] => Securityholders approve fixed administration fees for 19 CI Global Asset Management ETFs [articleTitle_f] => Les détenteurs de titres approuvent les frais d'administration fixes de 19 FNB de Gestion mondiale d'actifs CI [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Business Wire [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2020-12-11 00:00:00 [related_img] => ) [5] => Array ( [id] => 7996 [articleType] => 0 [articleTitle] => CI Global Asset Management Announces Estimated Annual Reinvested Capital Gains Distributions for CI ETFs [articleTitle_f] => Gestion mondiale d'actifs CI annonce une estimation des distributions annuelles de gains en capital réinvestis pour les FNB CI [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Business Wire [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2020-12-07 00:00:00 [related_img] => ) [6] => Array ( [id] => 7986 [articleType] => 0 [articleTitle] => CI Global Asset Management provides update on proposed fixed administration fees [articleTitle_f] => Gestion mondiale d'actifs CI fait le point sur les frais d'administration fixes [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Business Wire [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2020-12-04 00:00:00 [related_img] => ) [7] => Array ( [id] => 7726 [articleType] => 0 [articleTitle] => CI Investments proposes fixed administration fees for 19 ETFs, increasing the transparency and predictability of costs for investors Risk rating changes also announced for six ETFs [articleTitle_f] => Placements CI propose des frais d'administration fixes pour 19 FNB, augmentant la transparence et la prévisibilité des coûts pour les investisseurs Des changements de cote de risque sont également annoncés pour six FN [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2020-09-25 00:00:00 [related_img] => ) [8] => Array ( [id] => 7686 [articleType] => 0 [articleTitle] => CI Investments Inc. Announces September 2020 Distributions for CI ETFs [articleTitle_f] => Placements CI annonce les distributions des FNB de CI pour le mois de septembre 2020 [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2020-09-15 00:00:00 [related_img] => ) [9] => Array ( [id] => 7546 [articleType] => 0 [articleTitle] => CI Investments Inc. Announces June 2020 Distributions for CI ETFs [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2020-06-15 00:00:00 [related_img] => ) [10] => Array ( [id] => 7416 [articleType] => 0 [articleTitle] => CI First Asset ETFs Announce March 2020 Distributions [articleTitle_f] => FNB CI First Asset annonce ses distributions de mars 2020 [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2020-03-16 00:00:00 [related_img] => ) [11] => Array ( [id] => 7176 [articleType] => 0 [articleTitle] => Confirmed 2019 Annual Special Distributions For CI First Asset ETFs [articleTitle_f] => Distributions spéciales annuelles 2019 confirmées pour les FNB CI First Asset [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2019-12-31 00:00:00 [related_img] => ) [12] => Array ( [id] => 7146 [articleType] => 0 [articleTitle] => CI First Asset ETFs Announce December 2019 Distributions [articleTitle_f] => FNB CI First Asset annonce ses distributions de décembre 2019 [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2019-12-12 00:00:00 [related_img] => ) [13] => Array ( [id] => 7136 [articleType] => 0 [articleTitle] => Estimated 2019 Annual Special Distributions for CI First Asset ETFs [articleTitle_f] => Distributions spéciales annuelles estimatives 2019 pour les FNB CI First Asset [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2019-12-06 00:00:00 [related_img] => ) [14] => Array ( [id] => 7086 [articleType] => 0 [articleTitle] => CI Financial to acquire WisdomTree's Canadian ETF business [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2019-11-07 00:00:00 [related_img] => ) [15] => Array ( [id] => 7006 [articleType] => 0 [articleTitle] => CI First Asset ETFs announce September 2019 distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2019-09-13 00:00:00 [related_img] => ) [16] => Array ( [id] => 6826 [articleType] => 0 [articleTitle] => First Asset ETFs Announce June 2019 Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2019-06-13 00:00:00 [related_img] => ) [17] => Array ( [id] => 6786 [articleType] => 0 [articleTitle] => First Asset Announces Risk Rating Changes for 17 ETFs [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2019-04-22 00:00:00 [related_img] => ) [18] => Array ( [id] => 6796 [articleType] => 0 [articleTitle] => First Asset ETFs to be Rebranded as CI First Asset ETFs [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2019-04-22 00:00:00 [related_img] => ) [19] => Array ( [id] => 6766 [articleType] => 0 [articleTitle] => First Asset ETFs March 2019 Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2019-03-14 00:00:00 [related_img] => ) [20] => Array ( [id] => 6736 [articleType] => 1 [articleTitle] => A force is about to return to the stock market that could 'chase equities higher' [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNBC | Thomas Franck | @tomwfranck [articleAuthor_f] => [articleComPub] => [articleURL] => https://www.cnbc.com/2019/01/25/a-force-is-about-to-return-to-the-stock-market-that-could-chase-equities-higher.html [articleURL_f] => [pubDate] => 2019-01-25 00:00:00 [related_img] => ) [21] => Array ( [id] => 6676 [articleType] => 1 [articleTitle] => Stock buybacks hit a record $1.1 trillion, and the year's not over [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNBC | Trader Talk with Bob Pisani [articleAuthor_f] => [articleComPub] => [articleURL] => https://www.cnbc.com/2018/12/18/stock-buybacks-hit-a-record-1point1-trillion-and-the-years-not-over.html [articleURL_f] => [pubDate] => 2018-12-18 00:00:00 [related_img] => ) [22] => Array ( [id] => 6656 [articleType] => 0 [articleTitle] => First Asset ETFs December Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2018-12-12 00:00:00 [related_img] => ) [23] => Array ( [id] => 6496 [articleType] => 0 [articleTitle] => First Asset ETFs Announce September 2018 Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2018-09-13 00:00:00 [related_img] => ) [24] => Array ( [id] => 6366 [articleType] => 0 [articleTitle] => First Asset ETFs Announce June 2018 Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2018-06-14 00:00:00 [related_img] => ) [25] => Array ( [id] => 6256 [articleType] => 1 [articleTitle] => Talking about ETFs | Tips for teaching clients about these still-evolving funds and what they entail [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Investment Executive | Patricia Chisholm [articleAuthor_f] => [articleComPub] => [articleURL] => https://www.investmentexecutive.com/in-depth_/magazines/talking-about-etfs/ [articleURL_f] => [pubDate] => 2018-05-02 00:00:00 [related_img] => ) [26] => Array ( [id] => 5606 [articleType] => 0 [articleTitle] => First Asset ETFs March 2018 Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2018-03-14 00:00:00 [related_img] => ) [27] => Array ( [id] => 5565 [articleType] => 1 [articleTitle] => Share buybacks could add fuel to Wall Street rebound [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Reuters.com | Noel Randewich [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2018-02-12 00:00:00 [related_img] => ) [28] => Array ( [id] => 5485 [articleType] => 1 [articleTitle] => How Much Can Buybacks Rise on Tax Cuts? This Estimate Says 70% [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Bloomberg News | Elena Popina [articleAuthor_f] => [articleComPub] => [articleURL] => https://www.bloomberg.com/news/articles/2018-01-03/how-much-can-buybacks-rise-on-tax-cuts-this-estimate-says-70 [articleURL_f] => [pubDate] => 2018-01-03 00:00:00 [related_img] => ) [29] => Array ( [id] => 5475 [articleType] => 0 [articleTitle] => Confirmed 2017 Annual Special Distributions For First Asset ETFs [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2017-12-29 00:00:00 [related_img] => ) [30] => Array ( [id] => 5455 [articleType] => 0 [articleTitle] => First Asset ETFs December Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2017-12-15 00:00:00 [related_img] => ) [31] => Array ( [id] => 5435 [articleType] => 0 [articleTitle] => Estimated 2017 Annual Special Distributions For First Asset ETFs [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2017-12-08 00:00:00 [related_img] => ) [32] => Array ( [id] => 5343 [articleType] => 1 [articleTitle] => First Asset's AUM is surging as new president Rohit Mehta pushes for an edge by focusing on factor-based ETFs [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => Investment Executive | Jade Hemeon [articleAuthor_f] => [articleComPub] => [articleURL] => http://www.investmentexecutive.com/-/doubling-down-on-smart-beta [articleURL_f] => http://www.investmentexecutive.com/-/doubling-down-on-smart-beta [pubDate] => 2017-10-15 00:00:00 [related_img] => ) [33] => Array ( [id] => 5303 [articleType] => 0 [articleTitle] => First Asset ETFs September Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2017-09-19 00:00:00 [related_img] => ) [34] => Array ( [id] => 5596 [articleType] => 1 [articleTitle] => These ETFs Might Be The Greatest Beneficiary Of Tax Reform [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => fa-mag.com | David Sterman [articleAuthor_f] => [articleComPub] => [articleURL] => https://www.fa-mag.com/news/these-etfs-might-be-the-greatest-beneficiary-of-tax-reform-34404.html [articleURL_f] => [pubDate] => 2017-08-29 00:00:00 [related_img] => ) [35] => Array ( [id] => 5193 [articleType] => 0 [articleTitle] => First Asset ETFs Complete Conversion of Advisor Class Units to Common Class Units [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2017-07-17 00:00:00 [related_img] => ) [36] => Array ( [id] => 5153 [articleType] => 0 [articleTitle] => First Asset ETFs June Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2017-06-20 00:00:00 [related_img] => ) [37] => Array ( [id] => 5123 [articleType] => 0 [articleTitle] => First Asset ETFs Announce Elimination of PACCs and SWPs [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2017-06-02 00:00:00 [related_img] => ) [38] => Array ( [id] => 5093 [articleType] => 0 [articleTitle] => First Asset ETFs Provides Update on Advisor Class Units [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2017-05-02 00:00:00 [related_img] => ) [39] => Array ( [id] => 5063 [articleType] => 0 [articleTitle] => First Asset ETFs Announce Planned Elimination of Advisor Class Units [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2017-04-03 00:00:00 [related_img] => ) [40] => Array ( [id] => 5043 [articleType] => 0 [articleTitle] => First Asset ETFs March Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2017-03-21 00:00:00 [related_img] => ) [41] => Array ( [id] => 4843 [articleType] => 0 [articleTitle] => First Asset ETFs December Distributions [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2016-12-16 00:00:00 [related_img] => ) [42] => Array ( [id] => 4623 [articleType] => 0 [articleTitle] => New: First Asset Share Buyback ETFs [articleTitle_f] => [articleSubTitle] => [articleSubTitle_f] => [articleAuthor] => CNW [articleAuthor_f] => [articleComPub] => [articleURL] => [articleURL_f] => [pubDate] => 2016-09-13 00:00:00 [related_img] => ) )
 Fund Profile  Index Construction Rules   Prospectus      

Fund Overview

The Fund has been designed to replicate the performance of the CIBC U.S. Buyback Index (the "Index"), net of expenses. FBU invests primarily in equity securities of issuers included in the Solactive US Large Cap Index. The Index is comprised of an equally weighted portfolio of equity securities of U.S. companies with active share buyback programs that have significantly and consistently reduced issued and outstanding share count. The Index was developed by CIBC World Markets based on empirical evidence that shows that highly profitable companies with excellent core business models often have cash flows that exceed the required re-investment needed to support intrinsic growth, which cash flows are frequently used to implement share buyback programs. The Index uses a proprietary rules-based methodology to select its constituent securities. To qualify for inclusion in the Index an equity security must be a constituent of the Solactive U.S. Large Cap Index. The Index is reconstituted and rebalanced quarterly to equal weight. It is intended that, except as described in the prospectus, at all times at least 90% of the foreign currency denominated assets held by the Fund attributable to the Units will be hedged back to the Canadian dollar.

Investor suitability
For those who:

  • want US equity exposure on a CAD hedged basis
  • want to focus on companies consistently engaged in share buyback programs
  • want to receive regular quarterly cash flows (if any)
  • can tolerate medium to high risk.

Performance

 1m3m6mYTD1y2y3y4ySI
FBU 7.33%13.99%36.74%13.99%84.59%19.34%14.41%14.97%16.44%
Benchmark4.35%6.11%18.58%6.11%54.53%18.77%15.05%14.53%15.51%
As at: 31 Mar 2021 - Benchmark: S&P 500 Index (Total Return)

 

Historical NAVs

Sector Breakdown

As at February 28, 2021

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.


The S&P 500 Index tracks 500 large-cap U.S. stocks representing all major industries. This index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of the broader U.S. equity market.

Key Facts

Index Characteristics

Number of Securities40
Price/Earnings Ratio19.77
Price/Book Ratio2.38
As at 28 Feb, 2021

Index Risk Return Measures

Time period: 06/22/2000 to 02/28/2021 Index Benchmark
Return (% annualized)13.426.84
Std Dev16.9415.09
Beta0.991.00
Sharpe0.780.38
Sortino Ratio1.210.54
Up Capture113.38100.00
Down Capture83.24100.00
As at 28 Feb, 2021
Index: CIBC U.S. Buyback Index
Benchmark: S&P 500 TR Index (USD)

Number of securities: 40

Asset Allocation

Security Type%
Foreign Stock99.95%
Currency Security0.05%

Holdings

Reconstitution/Rebalancing

CI First Asset ETFs endeavours to disclose the portfolio holdings of its index-tracking ETFs (the "Index ETFs") on its website daily. In connection with the regular reconstitution/rebalancing of the indexes tracked by the Index ETFs, CI First Asset ETFs may be contractually precluded from disclosing portfolio changes arising in connection with the reconstitution/rebalancing.

In order to prevent the inadvertent breach by CI First Asset ETFs of its contractual obligations and also in order to ensure that the Index ETF’s interests are maximized, CI First Asset ETFs has implemented this best practice Disclosure Policy. This policy requires that, from the period commencing 3 trading days prior to the effective date of any index reconstitution/rebalancing in respect of an Index ETF (the “Rebalancing Effective Date”) and ending 10 trading days after the Rebalancing Effective Date (or such later date at which all related Rebalancing Trades have been completed) (the “Rebalancing Period”), CI First Asset ETFs will not update portfolio information on its website in respect of such Index ETF but will instead continue to display portfolio information in respect of such Index ETF as at the trading date immediately prior to the commencement of the Rebalancing Period. This policy will protect the Index ETF from potentially being exposed to external risk factors, such as front-running, during the Rebalancing Period, and will also ensure that CI First Asset ETFs does not inadvertently breach its contractual obligations.
NameSecurity TypeISINTicker %
CARMAX INC Foreign StockUS1431301027 KMX US 3.13
UNITED RENTALS INC Foreign StockUS9113631090 URI US 3.02
HEWLETT PACKARD ENTERPRISE CO Foreign StockUS42824C1099 HPE US 2.91
HP INC Foreign StockUS40434L1052 HPQ US 2.78
BANK OF AMERICA CORP Foreign StockUS0605051046 BAC US 2.77
WELLS FARGO & CO Foreign StockUS9497461015 WFC US 2.76
REGIONS FINANCIAL CORP Foreign StockUS7591EP1005 RF US 2.74
AMERIPRISE FINANCIAL INC Foreign StockUS03076C1062 AMP US 2.69
CORNING INC Foreign StockUS2193501051 GLW US 2.66
AUTOZONE INC Foreign StockUS0533321024 AZO US 2.66
AMERICAN EXPRESS CO Foreign StockUS0258161092 AXP US 2.63
CITIZENS FINANCIAL GROUP INC Foreign StockUS1746101054 CFG US 2.62
CISCO SYSTEMS INC/DELAWARE Foreign StockUS17275R1023 CSCO US 2.62
ADVANCE AUTO PARTS INC Foreign StockUS00751Y1064 AAP US 2.58
LOWES COS INC Foreign StockUS5486611073 LOW US 2.57
M&T BANK CORP Foreign StockUS55261F1049 MTB US 2.57
CITIGROUP INC Foreign StockUS1729674242 C US 2.54
SYNCHRONY FINANCIAL Foreign StockUS87165B1035 SYF US 2.54
EBAY INC Foreign StockUS2786421030 EBAY US 2.52
TRAVELERS COS INC/THE Foreign StockUS89417E1091 TRV US 2.50
BEST BUY CO INC Foreign StockUS0865161014 BBY US 2.49
LYONDELLBASELL INDUSTRIES NV Foreign StockNL0009434992 LYB US 2.47
BANK OF NEW YORK MELLON CORP/T Foreign StockUS0640581007 BK US 2.47
OREILLY AUTOMOTIVE INC Foreign StockUS67103H1077 ORLY US 2.47
MORGAN STANLEY Foreign StockUS6174464486 MS US 2.45
BIOGEN INC Foreign StockUS09062X1037 BIIB US 2.45
AMGEN INC Foreign StockUS0311621009 AMGN US 2.45
NETAPP INC Foreign StockUS64110D1046 NTAP US 2.43
ALLSTATE CORP/THE Foreign StockUS0200021014 ALL US 2.39
CSX CORP Foreign StockUS1264081035 CSX US 2.36
INTERNATIONAL BUSINESS MACHINE Foreign StockUS4592001014 IBM US 2.36
BOOKING HOLDINGS INC Foreign StockUS09857L1089 BKNG US 2.36
IQVIA HOLDINGS INC Foreign StockUS46266C1053 IQV US 2.33
DISCOVER FINANCIAL SERVICES Foreign StockUS2547091080 DFS US 2.27
ROSS STORES INC Foreign StockUS7782961038 ROST US 2.24
WW GRAINGER INC Foreign StockUS3848021040 GWW US 2.22
CHARTER COMMUNICATIONS INC Foreign StockUS16119P1084 CHTR US 2.19
PFIZER INC Foreign StockUS7170811035 PFE US 2.16
APPLE INC Foreign StockUS0378331005 AAPL US 2.03
ALTICE USA INC Foreign StockUS02156K1034 ATUS US 1.97
Currency Security 0.05

As at: 29 March 2021
Holdings are subject to change

100.42%

Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 0.85% (as at 8 Apr 2021)

FBUTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$1.43440$1.14040$0.29400----$0.09535$1.51817$0.22761
2021 +$0.04850$0.04850--------
25-Mar$0.04850$0.04850--------
2020 +$0.41600$0.33700$0.07900-----$0.48934$0.07334
30-Dec$0.07900-$0.07900-----$0.09293$0.01393
23-Dec$0.12710$0.12710------$0.14951$0.02241
24-Sep$0.07710$0.07710------$0.09069$0.01359
24-Jun$0.07710$0.07710------$0.09069$0.01359
25-Mar$0.05570$0.05570------$0.06552$0.00982
2019 +$0.35390$0.21890$0.13500----$0.00154$0.41455$0.06219
30-Dec$0.13500-$0.13500----$0.00058$0.15814$0.02372
23-Dec$0.05570$0.05570-----$0.00024$0.06525$0.00979
24-Sep$0.05440$0.05440-----$0.00024$0.06372$0.00956
24-Jun$0.05440$0.05440-----$0.00024$0.06372$0.00956
25-Mar$0.05440$0.05440-----$0.00024$0.06372$0.00956
2018 +$0.21750$0.21750-----$0.04637$0.20133$0.03019
21-Dec$0.05930$0.05930-----$0.01264$0.05489$0.00823
24-Sep$0.05930$0.05930-----$0.01264$0.05489$0.00823
25-Jun$0.05650$0.05650-----$0.01205$0.05230$0.00784
23-Mar$0.04240$0.04240-----$0.00904$0.03925$0.00589
2017 +$0.34650$0.26650$0.08000----$0.00671$0.39969$0.05990
28-Dec$0.07850$0.07850-----$0.00152$0.09055$0.01357
28-Dec$0.08000-$0.08000----$0.00155$0.09228$0.01383
28-Sep$0.07850$0.07850-----$0.00152$0.09055$0.01357
29-Jun$0.04910$0.04910-----$0.00095$0.05664$0.00849
30-Mar$0.06040$0.06040-----$0.00117$0.06967$0.01044
2016 +$0.05200$0.05200-----$0.04073$0.01326$0.00199
29-Dec$0.05200$0.05200-----$0.04073$0.01326$0.00199

(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.

News

18 Dec 2018 Stock buybacks hit a record $1.1 trillion, and the year's not over CNBC | Trader Talk with Bob Pisani
12 Feb 2018 Share buybacks could add fuel to Wall Street rebound Reuters.com | Noel Randewich
3 Jan 2018 How Much Can Buybacks Rise on Tax Cuts? This Estimate Says 70% Bloomberg News | Elena Popina
29 Aug 2017 These ETFs Might Be The Greatest Beneficiary Of Tax Reform fa-mag.com | David Sterman

Documents

Meeting Materials

5 Apr, 2021 - CI Global Asset Management Announces Unitholder Approval of ETF Mergers and Investment Objective Changes, and Related Estimated Reinvested Distributions

19 Feb, 2021 - Management Information Circular

19 Feb, 2021 - Notice of meeting

10 Feb, 2021 - Form of Proxy

1 Feb, 2021 - CI Global Asset Management Announces Changes to its ETF Lineup

11 Dec, 2020 - Securityholders approve fixed administration fees for 19 CI Global Asset Management ETFs

4 Dec, 2020 - CI Global Asset Management provides update on proposed fixed administration fees

4 Dec, 2020 - Report on the voting results at the Special Meetings

23 Oct, 2020 - Notice of meeting

23 Oct, 2020 - Management Information Circular

23 Oct, 2020 - Form of Proxy

25 Sep, 2020 - CI Investments proposes fixed administration fees for 19 ETFs, increasing the transparency and predictability of costs for investors Risk rating changes also announced for six ETFs

ETF Facts

3 Feb, 2021 - ETF Facts

Financial Statements

31 Dec, 2020 - Annual Financial Statements

30 Jun, 2020 - Semi-Annual Financial Statements

31 Dec, 2019 - Annual Financial Statements

Management Report of Fund Performance

31 Dec, 2020 - Management Report of Fund Performance

30 Jun, 2020 - Management Report of Fund Performance

31 Dec, 2019 - Annual Management Report of Fund Performance

Quarterly Portfolio Disclosure

30 Sep, 2020 - Summary of Investment Portfolio

31 Mar, 2020 - Summary of Investment Portfolio

Proxy Voting Record

National Instrument 81-106 Investment Fund Continuous Disclosure requires disclosure of the proxy voting record on an annual basis for the period ending on June 30 of each year. The proxy voting record must be posted on the website no later than August 31 of each year.

Canadian securities law provides that the manager of an investment funds (in this case, CI Investments Inc. ("CI")), acting on behalf of the investment fund, has the right and obligation to vote proxies relating to the investment fund's portfolio securities. As a practical matter, CI delegates this function to the applicable portfolio manager or sub-adviser, as part of the portfolio manager's or sub-adviser's general management of the investment fund assets, subject to oversight by CI. CI generally requires that applicable portfolio managers or sub-advisers vote all proxies in the best interest of CI's funds and their securityholders, as determined solely by the portfolio manager or sub-adviser, and subject to CI's proxy voting policy, the guidelines applicable to the individual portfolio manager or sub-adviser, and applicable legislation. Portfolio managers and sub-advisers are generally expected to vote on any matter for which the investment fund receives proxy materials for a meeting of securityholders of an issuer.

Proxy voting record for the most recent year:

30 Jun, 2020 - Proxy Voting Record

Independent Review Committee Report to Securityholders

12 Mar, 2020 - Independent Review Committee Report to Securityholders

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 U.S. Buyback Index ETF (CAD Hedged) please click here