CI Energy Giants Covered Call Fund

Series F CAD
 

Fund overview

The fund’s investment objective is to provide unitholders, 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 energy 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.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 2024-01-31
$554.0 thousand
NAVPS
As at 2024-02-26
$9.8823
MER (%)
As at 2023-09-30
0.74
Management fee (%) 0.60
Asset class Sector Equity
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Quarterly
Last distribution $0.6908

Risk rating1

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

FUND CODES

F 4121
A ISC 2121
DSC SO* 3121
LL SO 3021
I 5121
P 90123
*No new purchases directly into switch only funds.

Performance2 As at 2024-01-31

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*
-1.48% -1.48% -1.57% 0.96% - - - - 6.48%
*Since inception date

Distribution history3

Payable date Total
2023-12-28 0.6908
2023-09-22 0.2028

Management team

First we'll display the Team Company and then the Team members
George Lagoudakis

CI Energy Giants Covered Call Fund

Series F CAD
 
Portfolio allocations4 As at 2024-01-31
Asset allocation (%)
  • US Equity 45.87
  • International Equity 39.77
  • Canadian Equity 13.77
  • Cash and Equivalents 0.60
  • Other -0.01
Sector allocation (%)
  • Energy 99.99
  • Cash and Cash Equivalent 0.60
  • Other -0.82
Geographic allocation(%)
  • United States 46.31
  • Canada 14.44
  • United Kingdom 13.23
  • Brazil 7.60
  • Italy 6.60
  • France 6.44
  • Norway 6.21
  • Other -0.83
Top holdings
Sector (%)
1. CI Energy Giants Covered Cal ETF (NXF) Exchange Traded Fund 99.83%
2. Cad Cash Sweep Cash and Cash Equivalent 1.13%
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