CI Gold+ Giants Covered Call ETF

TSX TICKER : CGXF
 

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 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.

Fund details

description of elementelement value
Inception date June 2011
Total net assets ($CAD)
As at 2024-05-21
$153.7 million
NAVPS
As at 2024-05-21
$10.8939
Market price
As at 2024-05-21
$10.8800
MER (%)
As at 2023-12-31
0.72
Management fee (%) 0.65
Units outstanding
As at 2024-05-21
14,113,041
Asset class Sector Equity
Currency CAD
CUSIP 12558N100
Distribution frequency Quarterly
Last distribution $0.1529

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

Investor suitability

For those who:
  • want North American equity exposure to companies in the gold sector
  • want the potential for high income generation
  • want to receive regular quarterly cash flows (if any)
  • can tolerate high risk

Performance2 As at 2024-04-30

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
1.28% 5.60% 10.92% 4.65% -8.75% 1.35% 5.69% 1.96% -1.43%
*Since inception date

Distribution history3

Payable date Total
2024-03-21 0.1529
2023-12-20 0.1920
2023-09-22 0.1981
2023-06-23 0.2782
2023-03-24 0.2111
Payable date Total
2022-12-21 0.2422
2022-09-22 0.2216
2022-06-23 0.2725
2022-03-24 0.1666
2021-12-23 0.2152

Management team

First we'll display the Team Company and then the Team members
George Lagoudakis

CI Gold+ Giants Covered Call ETF

TSX TICKER : CGXF
 
Portfolio allocations4 As at 2024-04-30
Asset allocation (%)
  • Canadian Equity 53.88
  • International Equity 32.20
  • US Equity 13.83
  • Cash and Equivalents 0.11
  • Other -0.02
Sector allocation (%)
  • Basic Materials 99.99
  • Cash and Cash Equivalent 0.11
  • Other -0.34
Geographic allocation(%)
  • Canada 54.10
  • South Africa 19.65
  • United States 13.87
  • United Kingdom 6.67
  • Peru 6.05
  • Other -0.34
Top holdings
Sector (%)
1. Pan American Silver Corp Gold and Precious Metals 7.81%
2. Newmont Corp Gold and Precious Metals 7.34%
3. Wheaton Precious Metals Corp Gold and Precious Metals 7.05%
4. Kinross Gold Corp Gold and Precious Metals 6.92%
5. Agnico Eagle Mines Ltd Gold and Precious Metals 6.90%
6. Harmony Gold Mining Co Ltd - ADR Gold and Precious Metals 6.74%
7. Endeavour Mining PLC Gold and Precious Metals 6.67%
8. Gold Fields Ltd - ADR Gold and Precious Metals 6.65%
9. Alamos Gold Inc Cl A Gold and Precious Metals 6.54%
10. Royal Gold Inc Gold and Precious Metals 6.53%
11. Barrick Gold Corp Gold and Precious Metals 6.41%
12. Franco-Nevada Corp Gold and Precious Metals 6.37%
13. AngloGold Ashanti Ltd Gold and Precious Metals 6.26%
14. Cia de Minas Buenaventura SAA - ADR Gold and Precious Metals 6.05%
15. B2Gold Corp Gold and Precious Metals 5.99%
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