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 2024-12-12
$7.1 million
NAVPS
As at 2024-12-12
$23.3148
Market price
As at 2024-12-12
$23.3500
MER (%)
As at 2024-06-30
0.39
Management fee (%) 0.35
Units outstanding
As at 2024-12-12
306,214
Asset class Global Equity
Currency CAD
CUSIP 12569N206
Distribution frequency Quarterly
Last distribution $0.1128

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 2024-11-30

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*
18.81% 2.01% 2.56% 11.31% 18.93% - - - 11.41%
*Since inception date

Distribution history3

Ex-Date Total
2024-09-23 0.1128
2024-06-24 0.1572
2024-03-21 0.0594
2023-12-20 0.1450
2023-09-22 0.2316
Ex-Date Total
2023-06-23 0.1006
2023-03-24 0.0326

Management team

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

CI Global Minimum Downside Volatility Index ETF

TSX TICKER : CGDV.B
 
Portfolio allocations4 As at 2024-11-30
Asset allocation (%)
  • US Equity 62.26
  • International Equity 33.26
  • Canadian Equity 2.78
  • Income Trust Units 2.25
  • Other 0.01
  • Cash and Equivalents -0.56
Sector allocation (%)
  • Telecommunications 15.88
  • Consumer Goods 15.05
  • Industrial Services 12.73
  • Financial Services 11.11
  • Industrial Goods 10.73
  • Consumer Services 10.04
  • Healthcare 8.60
  • Technology 6.00
  • Other 5.14
  • Utilities 4.72
Geographic allocation(%)
  • United States 62.23
  • Switzerland 9.10
  • Japan 8.46
  • Other 6.04
  • United Kingdom 4.99
  • Netherlands 2.91
  • Canada 2.16
  • Hong Kong 1.66
  • Spain 1.39
  • Israel 1.06
Top holdings
Sector (%)
1. Republic Services Inc Professional Services 5.45%
2. Berkshire Hathaway Inc Cl B Insurance 5.42%
3. Waste Management Inc Professional Services 5.30%
4. Verizon Communications Inc Diversified Telecommunications 4.68%
5. General Dynamics Corp Aerospace and Defence 4.66%
6. Lockheed Martin Corp Aerospace and Defence 4.47%
7. McDonald's Holdings Co Japan Ltd Leisure 4.44%
8. Swisscom AG Cl N Diversified Telecommunications 4.30%
9. Amdocs Ltd Information Technology 4.29%
10. Keurig Dr Pepper Inc Food, Beverage and Tobacco 4.25%
11. PepsiCo Inc Food, Beverage and Tobacco 4.09%
12. Autozone Inc Automotive 3.84%
13. Novartis AG Cl N Drugs 3.76%
14. Walmart Inc Retail 3.41%
15. Johnson & Johnson Drugs 3.11%
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