CI Global Minimum Downside Volatility Index ETF

TSX TICKER : CGDV.B
 

Fund overview

The ETF’s investment objective is to replicate, to the extent reasonably possible, the performance of the Solactive DM Minimum Downside Volatility Hedged to CAD Index NTR (the "Index"), net of expenses, or any successor thereto. The Index intends to track the performance of a portfolio of companies located in developed markets that exhibits a lower downside volatility than the broader developed equity markets with a target number of stocks and avoids excessive sector concentration and index turnover.

Fund details

description of elementelement value
Inception date January 2023
Total net assets ($CAD)
As at 2024-06-24
$51.8 million
NAVPS
As at 2024-06-24
$21.5291
Market price
As at 2024-06-24
$21.5200
MER (%)
As at 2023-12-31
0.39
Management fee (%) 0.35
Units outstanding
As at 2024-06-24
2,406,214
Asset class Global Equity
Currency CAD
CUSIP 12569N206
Distribution frequency Quarterly
Last distribution $0.1572

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 on a currency unhedged basis
  • 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 2024-05-31

Growth of $10,000 (Since inception date)

growth of 10k graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
6.74% 0.42% 0.64% 6.84% 8.22% - - - 7.16%
*Since inception date

Distribution history3

Payable date Total
2024-06-24 0.1572
2024-03-21 0.0594
2023-12-20 0.1450
2023-09-22 0.2316
2023-06-23 0.1006
Payable date Total
2023-03-24 0.0326

Management team

First we'll display the Team Company and then the Team members
Lijon Geeverghese

CI Global Minimum Downside Volatility Index ETF

TSX TICKER : CGDV.B
 
Portfolio allocations4 As at 2024-05-31
Asset allocation (%)
  • US Equity 60.12
  • International Equity 36.40
  • Income Trust Units 2.22
  • Canadian Equity 0.92
  • Cash and Equivalents 0.31
  • Other 0.03
Sector allocation (%)
  • Consumer Goods 16.86
  • Telecommunications 16.01
  • Industrial Services 12.18
  • Healthcare 10.69
  • Financial Services 10.42
  • Consumer Services 9.27
  • Industrial Goods 7.09
  • Real Estate 6.41
  • Technology 5.58
  • Other 5.49
Geographic allocation(%)
  • United States 60.13
  • Japan 11.15
  • Switzerland 10.25
  • Other 5.56
  • United Kingdom 4.70
  • Netherlands 2.99
  • Hong Kong 1.50
  • Spain 1.42
  • Canada 1.19
  • Bermuda 1.11
Top holdings
Sector (%)
1. General Dynamics Corp Aerospace and Defence 5.23%
2. Waste Management Inc Professional Services 5.20%
3. Berkshire Hathaway Inc Cl B Insurance 5.10%
4. Republic Services Inc Professional Services 5.07%
5. Keurig Dr Pepper Inc Food, Beverage and Tobacco 4.74%
6. McDonald's Holdings Co Japan Ltd Leisure 4.69%
7. Verizon Communications Inc Diversified Telecommunications 4.61%
8. PepsiCo Inc Food, Beverage and Tobacco 4.60%
9. Swisscom AG Cl N Diversified Telecommunications 4.37%
10. Amdocs Ltd Information Technology 4.15%
11. Novartis AG Cl N Drugs 3.90%
12. Autozone Inc Automotive 3.57%
13. Johnson & Johnson Drugs 3.12%
14. Koninklijke KPN NV Diversified Telecommunications 2.81%
15. Walmart Inc Retail 2.57%
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