CI Tech Giants Covered Call ETF (Unhedged)

Fund Overview

The ETF's investment objective is to provide Unitholders, through an actively managed portfolio, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of equity securities of at least the 25 largest technology companies measured by market capitalization listed on a North American stock exchange, and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly, by employing a covered call option writing program. The issuers included in the portfolio, which are based on their market capitalization, may be adjusted based on the Portfolio Manager's view on the liquidity of the issuers' equity securities and their related call options.

Performance

 1m3m6mYTD1y2y3y4ySI
TXF.B 0.38%9.92%12.37%26.71%26.71%29.15%26.85%20.10%21.35%
Benchmark1.80%16.35%20.63%33.38%33.38%37.29%39.07%30.77%31.34%
As at: 31 Dec 2021 - Benchmark: S&P 500 Info Tech Index (Total Return) (Unhedged)

 

Historical NAVs

Sector Breakdown

As at November 30, 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.


S&P 500 Information Technology Index comprises those companies included in the S&P 500 that are classified as members of the GICS® information technology sector. The Index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of information technology shares.

Key Facts

Fund Characteristics

Price/Earnings Ratio28.87
Price/Book Ratio9.86
As at 30 Nov, 2021

Fund Statistics

P/S Ratio (TTM) (Long)6.99
P/C Ratio (TTM) (Long)21.22
ROA % (TTM) (Long)13.55
ROE % (TTM) (Long)38.07
As at 30 Nov, 2021

Number of securities: 51

Asset Allocation

Security Type%
Foreign Stock99.99%
Currency Security0.01%

Holdings

NameSecurity TypeISINTicker %
MICRON TECHNOLOGY INC Foreign StockUS5951121038 MU US 4.40
INTEL CORP Foreign StockUS4581401001 INTC US 4.39
INTERNATIONAL BUSINESS MACHINE Foreign StockUS4592001014 IBM US 4.38
CISCO SYSTEMS INC/DELAWARE Foreign StockUS17275R1023 CSCO US 4.13
APPLE INC Foreign StockUS0378331005 AAPL US 4.12
APPLIED MATERIALS INC Foreign StockUS0382221051 AMAT US 4.05
META PLATFORMS INC Foreign StockUS30303M1027 FB US 4.04
QUALCOMM INC Foreign StockUS7475251036 QCOM US 4.01
MICROSOFT CORP Foreign StockUS5949181045 MSFT US 4.00
ALPHABET INC Foreign StockUS02079K3059 GOOGL US 3.99
ANALOG DEVICES INC Foreign StockUS0326541051 ADI US 3.97
ADOBE INC Foreign StockUS00724F1012 ADBE US 3.97
LAM RESEARCH CORP Foreign StockUS5128071082 LRCX US 3.96
TEXAS INSTRUMENTS INC Foreign StockUS8825081040 TXN US 3.96
AMAZON.COM INC Foreign StockUS0231351067 AMZN US 3.82
SALESFORCE.COM INC Foreign StockUS79466L3024 CRM US 3.77
ADVANCED MICRO DEVICES INC Foreign StockUS0079031078 AMD US 3.76
INTUIT INC Foreign StockUS4612021034 INTU US 3.74
BROADCOM INC Foreign StockUS11135F1012 AVGO US 3.72
NVIDIA CORP Foreign StockUS67066G1040 NVDA US 3.66
ACCENTURE PLC Foreign StockIE00B4BNMY34 ACN US 3.66
ORACLE CORP Foreign StockUS68389X1054 ORCL US 3.64
SERVICENOW INC Foreign StockUS81762P1021 NOW US 3.62
SNOWFLAKE INC Foreign StockUS8334451098 SNOW US 3.59
ATLASSIAN CORP PLC Foreign StockGB00BZ09BD16 TEAM US 3.55
ALTABA INC ESCROW Foreign Stock 0.17
CRM US CALL 260 01/21/22 SALESFORCE.COM INC (22/01/2022) Option 0.00
AAPL US CALL 175 01/21/22 APPLE INC (22/01/2022) Option 0.00
AMZN US CALL 3400 01/21/22 AMAZON.COM (22/01/2022) Option 0.00
ORCL US CALL 100 01/21/22 ORACLE CORP (22/01/2022) Option 0.00
FB US CALL 340 01/21/22 FACEBOOK INC (22/01/2022) Option 0.00
ACN US CALL 405 01/21/22 ACCENTURE PLC (22/01/2022) Option 0.00
TEAM US CALL 360 01/21/22 ATLASSIAN CORP (22/01/2022) Option 0.00
SNOW US CALL 340 01/21/22 SNOWFLAKE INC (22/01/2022) Option 0.00
MSFT US CALL 325 01/21/22 MICROSOFT CORP (22/01/2022) Option 0.00
CSCO US CALL 62.5 01/21/22 CISCO SYSTEMS INC (22/01/2022) Option 0.00
NVDA US CALL 283.75 01/21/22 NVIDIA CORP (22/01/2022) Option 0.00
AMD US CALL 140 01/21/22 ADVANCED MICRO DEVICES IN (22/01/2022) Option 0.00
AVGO US CALL 640 01/21/22 BROADCOM LT (22/01/2022) Option 0.00
GOOGL US CALL 2865 01/21/22 ALPHABET INC(A) (GOOGL (22/01/2022) Option 0.00
NOW US CALL 620 01/21/22 SERVICENOW INC (22/01/2022) Option 0.00
ADBE US CALL 555 01/21/22 ADOBE SYS INC DEL COM (22/01/2022) Option 0.00
ADI US CALL 175 01/21/22 ANALOG DEVICES INC (22/01/2022) Option 0.00
TXN US CALL 190 01/21/22 TEXAS INSTRUMENTS INC (22/01/2022) Option 0.00
AMAT US CALL 150 01/21/22 APPLIED MATERIALS INC (22/01/2022) Option 0.00
QCOM US CALL 180 01/21/22 QUALCOMM INC (22/01/2022) Option 0.00
LRCX US CALL 675 01/21/22 LAM RESEARCH CORP (22/01/2022) Option 0.00
INTU US CALL 630 01/21/22 INTUIT INC (22/01/2022) Option 0.00
INTC US CALL 52.5 01/21/22 INTEL CORP (22/01/2022) Option 0.00
IBM US CALL 130 01/21/22 INTERNATIONAL BUSINESS MA (22/01/2022) Option 0.00
MU US CALL 85 01/21/22 MICRON TECHNOLOGY INC (22/01/2022) Option 0.00
US DOLLAR Currency Security 0.01

As at: 20 January 2022
Holdings are subject to change

98.08%

Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 7.90% (as at 20 Jan 2022)

TXF.BTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$7.69340$6.75640$0.93700---$2.46134$2.31646$0.56330$0.08201
2021 +$2.43430$1.76730$0.66700-------
30-Dec$0.66700-$0.66700-------
23-Dec$0.42140$0.42140--------
23-Sep$0.38720$0.38720--------
24-Jun$0.41790$0.41790--------
25-Mar$0.54080$0.54080--------
2020 +$2.14990$2.14990----$0.73366$1.39961$0.01663-
23-Dec$0.78420$0.78420----$0.26761$0.51052$0.00607-
24-Sep$0.55990$0.55990----$0.19107$0.36450$0.00433-
24-Jun$0.47950$0.47950----$0.16363$0.31216$0.00371-
25-Mar$0.32630$0.32630----$0.11135$0.21243$0.00252-
2019 +$1.21400$1.21400-----$0.88176$0.39087$0.05863
23-Dec$0.29540$0.29540-----$0.21456$0.09511$0.01427
24-Sep$0.29450$0.29450-----$0.21390$0.09482$0.01422
24-Jun$0.29510$0.29510-----$0.21434$0.09501$0.01425
25-Mar$0.32900$0.32900-----$0.23896$0.10593$0.01589
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$0.27000-$0.27000---$0.26978$0.00022--
28-Dec$0.30680$0.30680----$0.30655$0.00025--

(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

25 Sep 2017 First Asset Opens the Market First Asset

Documents

22 Apr, 2021 - ETF Facts

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

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 Tech Giants Covered Call ETF (Unhedged) please click here

Insights