CI U.S. Enhanced Value Index ETF

TSX TICKER : CVLU
As of April 5, 2024 CI Morningstar US Value Index ETF COMMON UNITS (XXM) merged into (CVLU)
 

Fund overview

The ETF's investment objective is to seek to track, to the extent reasonably possible, the performance of a portfolio of large and mid-cap U.S. equity securities that exhibithigh value characteristics, net of expenses. Currently, the Hedged Common Units of the ETF seek to track the VettaFi US Enhanced Value Index (CAD Hedged) or any successor thereto.

Fund details

description of elementelement value
Inception date January 2024
Total net assets ($CAD)
As at 2024-06-24
$6.7 million
NAVPS
As at 2024-06-24
$21.7331
Market price
As at 2024-06-24
$21.7500
MER (%) Information not available
Management fee (%) 0.30
Units outstanding
As at 2024-06-24
309,084
Asset class U.S. Equity
Currency CAD Hedged
CUSIP 12570W104
Distribution frequency Quarterly
Last distribution $0.0830

Risk rating1

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

Investor suitability

For those who:
  • want exposure to a portfolio of U.S. equity securities that exhibit higher value characteristics
  • are looking for long term capital appreciation
  • want the currency exposure hedged back to the Canadian dollar
  • can tolerate medium risk

Performance2 As at 2024-05-31

*Fund performance is not available for funds with a history of less than one year.

Distribution history3

Payable date Total
2024-06-24 0.0830
2024-03-21 0.0530

Management team

First we'll display the Team Company and then the Team members
Lijon Geeverghese

CI U.S. Enhanced Value Index ETF

TSX TICKER : CVLU
As of April 5, 2024 CI Morningstar US Value Index ETF COMMON UNITS (XXM) merged into (CVLU)
 
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