The ETF's investment objective is to provide Unitholders, through an actively managed portfolio, with (i) quarterly cash distributions, (ii) the opportunity for capitalappreciation by investing on an equal weight basis in a portfolio of equity securities of at least the 15 largest gold and precious metals companies measured by marketcapitalization 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 ofsecurities 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.
|Inception date||June 2011|
Total net assets ($CAD)
As at 2023-09-29
As at 2023-09-29
As at 2023-09-29
As at 2022-12-31
|Management fee (%)||0.65|
As at 2023-09-29
|Asset class||Sector Equity|
|For those who:|
|YTD||1 Mo||3 Mo||6 Mo||1 Y||3 Y||5 Y||10 Y||Inception*|
|1. Pan American Silver Corp||Gold and Precious Metals||7.76%|
|2. Alamos Gold Inc Cl A||Gold and Precious Metals||7.43%|
|3. Kinross Gold Corp||Gold and Precious Metals||7.39%|
|4. SSR Mining Inc||Gold and Precious Metals||7.32%|
|5. Franco-Nevada Corp||Gold and Precious Metals||7.04%|
|6. Barrick Gold Corp||Gold and Precious Metals||7.03%|
|7. Wheaton Precious Metals Corp||Gold and Precious Metals||6.96%|
|8. Agnico Eagle Mines Ltd||Gold and Precious Metals||6.88%|
|9. Royal Gold Inc||Gold and Precious Metals||6.80%|
|10. Newmont Corp||Gold and Precious Metals||6.57%|
|11. B2Gold Corp||Gold and Precious Metals||6.13%|
|12. Gold Fields Ltd - ADR||Gold and Precious Metals||6.11%|
|13. Sibanye Stillwater Ltd - ADR||Gold and Precious Metals||5.93%|
|14. Endeavour Mining PLC||Gold and Precious Metals||5.75%|
|15. AngloGold Ashanti Ltd - ADR||Gold and Precious Metals||5.08%|
1 The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.
2 Commissions, management fees and expenses all may be associated with an investment in exchange-traded funds (ETFs). You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them. Please read the prospectus before investing. Important information about an exchange-traded fund is contained in its prospectus. The indicated rates of return are the historical annual compounded total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all dividends/distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs are not guaranteed; their values change frequently, and past performance may not be repeated.
3 Please refer to the fund’s simplified prospectus for distribution information.
4 Portfolio allocations will fluctuate over the life of the ETF as the portfolio holdings and market value of each security changes. The portfolio manager(s) may change the portfolio allocations in some or all of the sectors.
The contents are not to be used or construed as investment advice or as an endorsement or recommendation of any entity of security discussed.
Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI has taken reasonable steps to ensure their accuracy.
The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund.
The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.
Management Expense Ratio (“MER”) represents the trailing 12-month management expense ratio, which reflects the cost of running the fund, inclusive of applicable taxes including HST, GST and QST (excluding commissions and other portfolio transaction costs) as a percentage of daily average net asset value the period, including the fund’s proportionate share of any underlying fund(s) expenses, if applicable. The MER is reported in each fund’s Management Report of Fund Performance (“MRFP”). MRFPs can be found within the Documents tab on ci.com.
The CI Exchange-Traded Funds (ETFs) are managed by CI Global Asset Management, a subsidiary of CI Financial Corp. (TSX: CIX). CI Global Asset Management is a registered business name of CI Investments Inc.
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