CI Conservative Asset Allocation ETF

TSX TICKER : CCNV
 

Fund overview

CCNV seeks to provide income with a potential for modest capital appreciation by investing in ETFs that provide exposure to a portfolio of global fixed income and equity securities.

Fund details

description of elementelement value
Inception date May 2023
Total net assets ($CAD)
As at 2024-09-25
 $4.2 million
NAVPS
As at 2024-09-25 		$21.2970
Market price
As at 2024-09-25 		$21.3000
MER (%)
As at 2023-12-31 		0.35
Management fee (%) 0.22
Units outstanding
As at 2024-09-25 		200,000
Asset class Global Balanced
Currency CAD
CUSIP 12546K101
Distribution frequency Quarterly
Last distribution $0.1426

Risk rating1

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

Investor suitability

For those who:
  • are looking for a combination of income and the potential for moderate growth through fixed income and global equity securities
  • want exposure to a diversified portfolio of fixed income and equity exchange traded funds
  • are investing for the medium term
  • can tolerate low risk

Performance2 As at 2024-08-31

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*
4.10% 0.59% 3.90% 4.62% 9.13% - - - 7.06%
*Since inception date

Distribution history3

Payable date Total
2024-09-23 0.1426
2024-06-24 0.0636
2024-03-21 0.1313
2023-12-20 0.1455
2023-09-22 0.1354
Payable date Total
2023-06-23 0.0351

Management team

First we'll display the Team Company and then the Team members
Marc-André Lewis
Stephen Lingard

Note: This page is not complete without disclaimers on the next page.

CI Conservative Asset Allocation ETF

TSX TICKER : CCNV
 
Portfolio allocations4 As at 2024-08-31
Asset allocation (%)
  • Canadian Government Bonds 46.06
  • Canadian Corporate Bonds 14.72
  • Foreign Government Bonds 12.11
  • Canadian Equity 7.04
  • International Equity 6.81
  • US Equity 6.21
  • Foreign Corporate Bonds 2.97
  • Mortgages 2.40
  • Cash and Equivalents 1.00
  • Other 0.68
Sector allocation (%)
  • Fixed Income 78.57
  • Other 4.42
  • Financial Services 4.41
  • Technology 3.77
  • Energy 1.71
  • Basic Materials 1.51
  • Consumer Goods 1.48
  • Consumer Services 1.42
  • Healthcare 1.38
  • Industrial Services 1.33
Geographic allocation(%)
  • Canada 68.99
  • United States 14.76
  • Other 5.92
  • Japan 3.18
  • China 2.00
  • United Kingdom 1.55
  • France 1.21
  • Germany 1.10
  • Europe 0.65
  • Australia 0.64
Top holdings
Sector (%)
1. CI Canadian Aggregate Bond Index ETF (CAGG) Fixed Income 61.09%
2. CIBC Glo Bond ex-Canada Index ETF C$H (CGBI) Exchange Traded Fund 18.39%
3. CI Canadian Equity Index ETF C$ (CCDN) Exchange Traded Fund 7.18%
4. CI U.S. 1000 Index ETF - Unh (CUSM.B) Exchange Traded Fund 6.42%
5. iShares Core MSCI EAFE ETF (IEFA) Exchange Traded Fund 5.30%
6. iShares Core MSCI Emerging Markets ETF (IEMG) Exchange Traded Fund 1.46%

Note: This page is not complete without disclaimers on the next page.

Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.

1 The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.

2 Commissions, management fees and expenses all may be associated with an investment in exchange-traded funds (ETFs). You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them. Please read the prospectus before investing. Important information about an exchange-traded fund is contained in its prospectus. The indicated rates of return are the historical annual compounded total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all dividends/distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs are not guaranteed; their values change frequently, and past performance may not be repeated.

3 Please refer to the fund’s simplified prospectus for distribution information.

4 Portfolio allocations will fluctuate over the life of the ETF as the portfolio holdings and market value of each security changes. The portfolio manager(s) may change the portfolio allocations in some or all of the sectors.

The contents are not to be used or construed as investment advice or as an endorsement or recommendation of any entity of security discussed.

Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI has taken reasonable steps to ensure their accuracy.

The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund.

The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.

Management Expense Ratio (“MER”) represents the trailing 12-month management expense ratio, which reflects the cost of running the fund, inclusive of applicable taxes including HST, GST and QST (excluding commissions and other portfolio transaction costs) as a percentage of daily average net asset value the period, including the fund’s proportionate share of any underlying fund(s) expenses, if applicable. The MER is reported in each fund’s Management Report of Fund Performance (“MRFP”). MRFPs can be found within the Documents tab on ci.com.

The CI Exchange-Traded Funds (ETFs) are managed by CI Global Asset Management, a subsidiary of CI Financial Corp. (TSX: CIX). CI Global Asset Management is a registered business name of CI Investments Inc.

© CI Investments Inc. 2024.  All rights reserved.