CI Global Minimum Downside Volatility Index Fund

TSX TICKER : CGDV
 

Fund overview

The fund seeks to replicate, to the extent reasonably possible, the performance of a portfolio of companies located in developed markets that exhibits a lower downside volatility than the broader developed equity markets, net of expenses. Currently, the ETF C$ Hedged Series units of the fund seek to replicate the performance of the Solactive DM Minimum Downside Volatility Hedged to CAD Index NTR, net of expenses, or any successor thereto.

Fund details

description of elementelement value
Inception date January 2023
Total net assets ($CAD)
As at 2026-07-14
$27.6 million
NAVPS
As at 2026-07-14
$25.6847
MER (%)
As at 2025-12-31
0.39
Management fee (%) 0.35
Units outstanding
As at 2026-07-14
1,075,127
Asset class Global Equity
Currency CAD Hedged
CUSIP 12569N107
Distribution frequency Quarterly
Last distribution $0.2189

Risk rating1

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

Investor suitability

For those who:
  • want exposure to a diversified portfolio of global equity securities
  • are looking for long-term capital appreciation with lower volatility compared to the global equity market
  • want to receive regular quarterly cash flows (if any)
  • can tolerate low-to-medium risk

Performance2 As at 2026-06-30

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*
5.54% -1.15% -2.46% 5.54% 8.79% 9.65% - - 9.73%
*Since inception date

Distribution history3

Ex-Date Total
2026-06-24 0.2189
2026-03-25 0.0412
2025-12-23 0.0978
2025-09-23 0.1346
2025-06-24 0.2163
Ex-Date Total
2025-03-25 0.0524
2024-12-23 0.2000
2024-09-23 0.1128
2024-06-24 0.1572
2024-03-21 0.0594

Management team

First we'll display the Team Company and then the Team members
CI Global Asset Management Fund

CI Global Minimum Downside Volatility Index Fund

TSX TICKER : CGDV
 
Portfolio allocations4 As at 2026-06-30
Asset allocation (%)
  • US Equity 58.84
  • International Equity 32.51
  • Income Trust Units 8.40
  • Canadian Equity 0.38
  • Other -0.04
  • Cash and Equivalents -0.09
Sector allocation (%)
  • Consumer Services 13.24
  • Telecommunications 12.32
  • Healthcare 11.76
  • Industrial Goods 11.36
  • Industrial Services 9.91
  • Technology 9.60
  • Financial Services 8.99
  • Utilities 8.97
  • Consumer Goods 7.85
  • Other 6.00
Geographic allocation(%)
  • United States 58.87
  • United Kingdom 7.55
  • Japan 6.40
  • Other 5.66
  • Switzerland 5.38
  • Cayman Islands 4.95
  • Israel 4.16
  • Netherlands 3.14
  • Canada 2.27
  • Hong Kong 1.62
Top holdings6
Sector (%)
1. Johnson & Johnson Drugs 5.54%
2. Berkshire Hathaway Inc Cl B Insurance 5.43%
3. Royalty Pharma PLC Cl A Drugs 5.35%
4. Electronic Arts Inc Information Technology 5.34%
5. HK Electric Investments Ltd - Units Electric Utilities 4.90%
6. General Dynamics Corp Aerospace and Defence 4.90%
7. Swisscom AG Cl N Diversified Telecommunications 4.72%
8. Waste Management Inc Professional Services 4.39%
9. Republic Services Inc Professional Services 3.94%
10. McDonald's Holdings Co Japan Ltd Leisure 3.93%
11. Lockheed Martin Corp Aerospace and Defence 3.87%
12. Walmart Inc Retail 3.75%
13. TJX Cos Inc Retail 3.57%
14. Koninklijke KPN NV Diversified Telecommunications 3.14%
15. PepsiCo Inc Food, Beverage and Tobacco 3.05%
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.