CI Energy Giants Covered Call ETF

TSX TICKER : NXF.B
 

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 energy companies measured by market capitalization listedon 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 suchissuers directly. The issuers included in the portfolio, which are based on their market capitalization, may be adjusted based on the Portfolio Manager’s view on theliquidity of the issuers’ equity securities and their related call options.

Fund details

description of elementelement value
Inception date February 2015
Total net assets ($CAD)
As at 2024-02-23
$212.5 million
NAVPS
As at 2024-02-23
$7.7643
Market price
As at 2024-02-23
$7.7700
MER (%)
As at 2023-06-30
0.71
Management fee (%) 0.65
Units outstanding
As at 2024-02-23
27,377,693
Asset class Sector Equity
Currency CAD
CUSIP 12555B208
Distribution frequency Quarterly
Last distribution $0.1636

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 energy sector on a currency unhedged basis
  • want the potential for high income generation
  • want to receive regular quarterly cash flows (if any)
  • can tolerate high risk

Performance2 As at 2024-01-31

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*
-0.22% -0.22% -4.05% 3.49% 4.52% 31.42% 7.91% - 5.38%
*Since inception date

Distribution history3

Payable date Total
2023-12-20 0.1636
2023-09-22 0.1373
2023-06-23 0.1793
2023-03-24 0.1792
2022-12-21 0.2422
Payable date Total
2022-09-22 0.2518
2022-06-23 0.1336
2022-03-24 0.1333
2021-12-23 0.1307
2021-09-23 0.1077

Management team

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

CI Energy Giants Covered Call ETF

TSX TICKER : NXF.B
 
Portfolio allocations4 As at 2024-01-31
Asset allocation (%)
  • US Equity 45.95
  • International Equity 39.84
  • Canadian Equity 13.79
  • Cash and Equivalents 0.43
  • Other -0.01
Sector allocation (%)
  • Energy 99.99
  • Cash and Cash Equivalent 0.43
  • Other -0.82
Geographic allocation(%)
  • United States 46.39
  • Canada 14.29
  • United Kingdom 13.25
  • Brazil 7.61
  • Italy 6.61
  • France 6.45
  • Norway 6.22
  • Other -0.82
Top holdings
Sector (%)
1. Petroleo Brasileiro SA Petrobras - ADR Integrated Production 7.61%
2. Suncor Energy Inc Integrated Production 7.12%
3. Exxon Mobil Corp Integrated Production 6.83%
4. Canadian Natural Resources Ltd Oil and Gas Production 6.79%
5. Pioneer Natural Resources Co Oil and Gas Production 6.78%
6. BP PLC - ADR Integrated Production 6.73%
7. Chevron Corp Integrated Production 6.64%
8. Occidental Petroleum Corp Oil and Gas Production 6.62%
9. Eni SpA - ADR Integrated Production 6.61%
10. ConocoPhillips Oil and Gas Production 6.56%
11. Hess Corp Integrated Production 6.54%
12. Shell PLC - ADR Oil and Gas Production 6.52%
13. TotalEnergies SE - ADR Integrated Production 6.45%
14. EOG Resources Inc Oil and Gas Production 6.37%
15. Equinor ASA - ADR Integrated Production 6.22%
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