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CI Canadian Banks Covered Call Income Class ETF (CIC : TSX)
Financial Services Equity
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade A
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|
Close (06-19-2026) |
$18.66 |
|---|---|
| Change |
$0.08
(0.43%)
|
| Open | $18.66 |
|---|---|
| Day Range | $18.66 - $18.76 |
| Volume | 2,921 |
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (August 18, 2010): 11.47%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 3.91% | 10.42% | 21.17% | 16.44% | 50.25% | 35.86% | 27.88% | 16.42% | 14.71% | 20.38% | 14.90% | 12.81% | 12.60% | 12.93% |
| Benchmark | 1.41% | 0.96% | 3.76% | 2.19% | 15.52% | 21.09% | 23.39% | 17.28% | 13.48% | 16.41% | 12.02% | 10.86% | 10.47% | 11.64% |
| Category Average | 1.94% | 10.85% | 10.85% | 6.65% | 29.25% | 26.65% | 25.81% | 16.12% | 12.44% | 18.11% | 13.48% | 11.61% | 11.55% | 12.19% |
| Category Rank | 26 / 87 | 29 / 81 | 19 / 79 | 16 / 79 | 16 / 76 | 20 / 70 | 23 / 66 | 22 / 53 | 13 / 50 | 12 / 45 | 13 / 45 | 15 / 42 | 14 / 37 | 13 / 33 |
| Quartile Ranking | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.39% | 1.72% | 5.85% | 4.64% | 2.59% | 3.76% | 4.06% | -0.27% | 5.74% | -3.53% | 10.16% | 3.91% |
| Benchmark | 2.54% | 2.04% | 2.63% | 2.45% | -0.72% | 1.94% | 1.54% | 0.52% | 0.70% | -5.11% | 4.92% | 1.41% |
Best Monthly Return Since Inception
12.07% (November 2020)
Worst Monthly Return Since Inception
-17.82% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 26.61% | 12.14% | -8.98% | 14.07% | 1.64% | 34.05% | -11.31% | 6.88% | 21.13% | 35.98% |
| Benchmark | 6.34% | 15.24% | -4.99% | 19.43% | -5.24% | 22.05% | -5.68% | 13.41% | 31.42% | 21.57% |
| Category Average | 11.10% | 15.65% | -8.72% | 20.37% | 0.17% | 28.60% | -10.67% | 9.26% | 27.44% | 27.70% |
| Quartile Ranking | 1 | 3 | 3 | 4 | 3 | 2 | 3 | 4 | 4 | 2 |
| Category Rank | 3/ 29 | 24/ 37 | 24/ 41 | 38/ 43 | 23/ 45 | 14/ 50 | 30/ 50 | 47/ 59 | 56/ 68 | 20/ 71 |
Best Calendar Return (Last 10 years)
35.98% (2025)
Worst Calendar Return (Last 10 years)
-11.31% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 99.69 |
| Cash and Equivalents | 0.31 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 99.69 |
| Cash and Cash Equivalent | 0.31 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Toronto-Dominion Bank | 17.08 |
| Royal Bank of Canada | 16.93 |
| Bank of Montreal | 16.84 |
| Bank of Nova Scotia | 16.45 |
| Canadian Imperial Bank of Commerce | 16.34 |
| National Bank of Canada | 16.04 |
| Cash and Cash Equivalents | 0.31 |
| US DOLLAR | 0.00 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CI Canadian Banks Covered Call Income Class ETF
Median
Other - Financial Services Equity
3 Yr Annualized
| Standard Deviation | 13.97% | 14.76% | 14.79% |
|---|---|---|---|
| Beta | 0.98% | 0.94% | 0.91% |
| Alpha | 0.05% | 0.02% | 0.02% |
| Rsquared | 0.50% | 0.61% | 0.66% |
| Sharpe | 1.59% | 0.81% | 0.77% |
| Sortino | 3.27% | 1.32% | 1.05% |
| Treynor | 0.23% | 0.13% | 0.13% |
| Tax Efficiency | 89.23% | 81.88% | 79.00% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 11.65% | 13.97% | 14.76% | 14.79% |
| Beta | 1.17% | 0.98% | 0.94% | 0.91% |
| Alpha | 0.25% | 0.05% | 0.02% | 0.02% |
| Rsquared | 0.71% | 0.50% | 0.61% | 0.66% |
| Sharpe | 3.40% | 1.59% | 0.81% | 0.77% |
| Sortino | 10.22% | 3.27% | 1.32% | 1.05% |
| Treynor | 0.34% | 0.23% | 0.13% | 0.13% |
| Tax Efficiency | 94.01% | 89.23% | 81.88% | 79.00% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | August 18, 2010 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $423 |
| 52 Week High | $18.76 |
| 52 Week Low | $12.01 |
| Annual Dividend | $0.92 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | Yes |
Investment Objectives
The objectives of the Company are to provide Shareholders with: quarterly distributions; the opportunity for capital appreciation; and lower overall volatility of Portfolio returns than would be experienced by owning a portfolio of common shares of the Banks directly.
Investment Strategy
The Portfolio will initially be approximately equal weighted, and each month the Manager will employ a covered call option writing program on approximately, and not more than, 25% of the common shares of each Bank held in the portfolio, in order to seek to earn attractive tax effective income from dividends and call option premiums, lower the volatility of returns associated with owning a portfolio of common shares of the Banks, and to generate capital appreciation.
Portfolio Management
| Portfolio Manager |
CI Global Asset Management |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
CI Global Asset Management |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
TSX Trust Company |
| Distributor |
- |
Fees
| MER | 0.81% |
|---|---|
| Management Fee | 0.65% |
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