CI U.S. Minimum Downside Volatility Index ETF

TSX TICKER : CUDV.B
 

Fund overview

The ETF’s investment objective is to replicate, to the extent reasonably possible, the performance of the Solactive US 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 U.S. companies that exhibits a lower downside volatility than the broader U.S. equity market 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 2025-02-07
$1.2 million
NAVPS
As at 2025-02-07
$25.8560
Market price
As at 2025-02-07
$25.8200
MER (%)
As at 2024-06-30
0.34
Management fee (%) 0.30
Units outstanding
As at 2025-02-07
50,000
Asset class U.S. Equity
Currency CAD
CUSIP 12569L200
Distribution frequency Quarterly
Last distribution $0.1100

Risk rating1

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

Investor suitability

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

Performance2 As at 2025-01-31

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*
4.20% 4.20% 6.53% 12.39% 27.18% - - - 15.40%
*Since inception date

Distribution history3

Ex-Date Total
2024-12-23 0.1100
2024-09-23 0.0848
2024-06-24 0.0937
2024-03-21 0.0855
2023-12-20 0.1175
Ex-Date Total
2023-09-22 0.0825
2023-06-23 0.0601
2023-03-24 0.0528

Management team

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

CI U.S. Minimum Downside Volatility Index ETF

TSX TICKER : CUDV.B
 
Portfolio allocations4 As at 2024-12-31
Asset allocation (%)
  • US Equity 97.64
  • International Equity 2.38
  • Cash and Equivalents 0.02
  • Other -0.04
Sector allocation (%)
  • Financial Services 17.16
  • Technology 15.78
  • Consumer Goods 12.13
  • Telecommunications 11.39
  • Healthcare 10.31
  • Consumer Services 10.05
  • Industrial Goods 9.72
  • Industrial Services 7.33
  • Utilities 4.63
  • Other 1.50
Geographic allocation(%)
  • United States 97.72
  • United Kingdom 1.22
  • Ireland 1.04
  • Switzerland 0.12
  • Other -0.04
  • Canada -0.06
Top holdings
Sector (%)
1. Walmart Inc Retail 5.97%
2. Berkshire Hathaway Inc Cl B Insurance 5.10%
3. Electronic Arts Inc Information Technology 4.98%
4. International Business Machines Corp Information Technology 4.98%
5. Raytheon Technologies Corp Aerospace and Defence 4.96%
6. Procter & Gamble Co Consumer Non-durables 4.56%
7. Waste Management Inc Professional Services 4.55%
8. Verizon Communications Inc Diversified Telecommunications 4.40%
9. AmerisourceBergen Corp Healthcare Equipment 4.34%
10. Lockheed Martin Corp Aerospace and Defence 4.26%
11. Hartford Financial Services Group Inc Insurance 4.23%
12. Johnson & Johnson Drugs 3.97%
13. T-Mobile US Inc Telephone Service Providers 3.68%
14. McDonald's Corp Leisure 3.62%
15. Apple Inc Computer Electronics 3.59%
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