CI Gold+ Giants Covered Call Fund

Series F CAD
 

Fund overview

The fund’s investment objectives are to provide holders, through an actively managed portfolio, with (i) regular distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of equity securities of at least the 15 largest gold and precious metals companies measured by market capitalization listed on 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 such issuers directly by employing a covered call option writing program. The issuers included in the portfolio, which are based on their market capitalization, may be adjusted based on the portfolio advisor’s view on the liquidity of the issuers’ equity securities and their related call options.

Fund details

description of elementelement value
Inception date February 2023
CAD Total net assets ($CAD)
As at 2024-09-27
$3.1 million
NAVPS
As at 2024-10-11
$11.7905
MER (%)
As at 2024-03-31
0.74
Management fee (%) 0.60
Asset class Sector Equity
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Quarterly
Last distribution $0.2368

Risk rating1

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

FUND CODES

F 4123
A ISC 2123
DSC SO* 3123
LL SO 3023
I 5123
P 90127
*No new purchases directly into switch only funds.

Performance2 As at 2024-09-30

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*
18.05% 3.65% 12.87% 23.65% 29.33% - - - 15.82%
*Since inception date

Distribution history3

Payable date Total
2024-09-27 0.2368
2024-06-21 0.2224
2024-03-22 0.1741
2023-12-28 0.1966
2023-09-22 0.2336

Management team

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

CI Gold+ Giants Covered Call Fund

Series F CAD
 
Portfolio allocations4 As at 2024-09-30
Asset allocation (%)
  • Canadian Equity 58.85
  • International Equity 26.61
  • US Equity 13.16
  • Cash and Equivalents 1.37
  • Other 0.01
Sector allocation (%)
  • Basic Materials 98.90
  • Cash and Cash Equivalent 1.37
  • Other -0.27
Geographic allocation(%)
  • Canada 60.29
  • South Africa 20.10
  • United States 13.29
  • United Kingdom 6.59
  • Other -0.27
Top holdings
Sector (%)
1. CI Gold+ Giants Covered Call ETF(CGXF) Exchange Traded Fund 99.30%
2. Cad Cash Sweep Cash and Cash Equivalent 1.82%
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