CI U.S. Enhanced Value Index ETF

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

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 exhibit high value characteristics, net of expenses. Currently, the Unhedged Common Units of the ETF seek to track the VettaFi US Enhanced Value Index or any successor thereto.

Fund details

description of elementelement value
Inception date January 2024
Total net assets ($CAD)
As at 2024-07-12
$31.3 million
NAVPS
As at 2024-07-12
$22.6581
Market price
As at 2024-07-12
$22.6700
MER (%) Information not available
Management fee (%) 0.30
Units outstanding
As at 2024-07-12
1,383,649
Asset class U.S. Equity
Currency CAD
CUSIP 12570W112
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
  • can tolerate medium risk

Performance2 As at 2024-06-30

*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.B
As of April 5, 2024 CI Morningstar US Value Index ETF UNHEDGED COMMON UNITS (XXM.B) merged into (CVLU.B)
 
Portfolio allocations4 As at 2024-06-30
Asset allocation (%)
  • US Equity 96.18
  • International Equity 3.23
  • Other 0.46
  • Cash and Equivalents 0.13
Sector allocation (%)
  • Technology 25.26
  • Healthcare 14.89
  • Financial Services 14.49
  • Other 8.72
  • Consumer Services 7.47
  • Energy 6.93
  • Industrial Goods 6.83
  • Consumer Goods 6.49
  • Telecommunications 4.54
  • Real Estate 4.38
Geographic allocation(%)
  • United States 96.71
  • Ireland 1.59
  • Switzerland 0.62
  • Netherlands 0.31
  • United Kingdom 0.29
  • Liberia 0.15
  • Bermuda 0.15
  • Panama 0.12
  • Canada 0.07
  • Other -0.01
Top holdings
Sector (%)
1. Apple Inc Computer Electronics 6.83%
2. Alphabet Inc Cl A Information Technology 2.72%
3. Broadcom Inc Computer Electronics 2.57%
4. Exxon Mobil Corp Integrated Production 1.91%
5. Chevron Corp Integrated Production 1.69%
6. UnitedHealth Group Inc Healthcare Services 1.65%
7. Johnson & Johnson Drugs 1.51%
8. JPMorgan Chase & Co Banking 1.42%
9. Meta Platforms Inc Cl A Information Technology 1.35%
10. Berkshire Hathaway Inc Cl B Insurance 1.35%
11. AbbVie Inc Drugs 1.28%
12. Merck & Co Inc Drugs 1.22%
13. Home Depot Inc Retail 1.08%
14. Salesforce Inc Information Technology 1.02%
15. Cisco Systems Inc Computer Electronics 1.02%
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