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Financial Services Equity
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|
Close (04-24-2024) |
$10.78 |
|---|---|
| Change |
-$0.05
(-0.46%)
|
| Open | $10.84 |
|---|---|
| Day Range | $10.75 - $10.84 |
| Volume | 3,225 |
As at March 31, 2024
As at March 31, 2024
As at February 29, 2024
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Inception Return (August 18, 2010): 8.52%
| 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 | 5.09% | 5.19% | 15.93% | 5.19% | 11.38% | -1.44% | 5.75% | 14.66% | 7.76% | 6.42% | 6.24% | 8.52% | 7.89% | 7.53% |
| Benchmark | 3.76% | 9.87% | 21.36% | 9.87% | 25.68% | 9.80% | 9.79% | 15.54% | 8.54% | 7.15% | 7.88% | 9.74% | 7.73% | 8.93% |
| Category Average | 5.09% | 20.74% | 20.74% | 8.28% | 21.50% | 4.12% | 6.40% | 16.72% | 8.69% | 6.85% | 7.60% | 9.48% | 7.82% | 8.14% |
| Category Rank | 35 / 77 | 60 / 76 | 61 / 76 | 60 / 76 | 58 / 71 | 45 / 60 | 37 / 57 | 30 / 52 | 33 / 52 | 27 / 47 | 27 / 42 | 25 / 34 | 19 / 34 | 24 / 32 |
| Quartile Ranking | 2 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.27% | -5.04% | 3.62% | 3.50% | -5.90% | -1.97% | -5.80% | 7.43% | 8.91% | -1.57% | 1.69% | 5.09% |
| Benchmark | 3.42% | -3.87% | 2.93% | 4.62% | -0.85% | -2.45% | -0.85% | 7.51% | 3.63% | 1.30% | 4.53% | 3.76% |
12.07% (November 2020)
-17.82% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 10.83% | -4.66% | 26.61% | 12.14% | -8.98% | 14.07% | 1.64% | 34.05% | -11.31% | 6.88% |
| Benchmark | 14.35% | 14.20% | 6.34% | 15.24% | -4.99% | 19.43% | -5.24% | 22.05% | -5.68% | 13.41% |
| Category Average | 10.01% | 6.19% | 11.10% | 15.65% | -8.72% | 20.37% | 0.17% | 28.60% | -10.67% | 9.26% |
| Quartile Ranking | 3 | 4 | 1 | 3 | 3 | 4 | 2 | 1 | 3 | 3 |
| Category Rank | 23/ 31 | 32/ 34 | 3/ 34 | 25/ 42 | 29/ 46 | 43/ 50 | 24/ 52 | 14/ 57 | 32/ 57 | 48/ 66 |
34.05% (2021)
-11.31% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 99.83 |
| Cash and Equivalents | 0.17 |
| Name | Percent |
|---|---|
| Financial Services | 100.07 |
| Cash and Cash Equivalent | 0.17 |
| Other | -0.24 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Bank of Nova Scotia | 16.86 |
| Bank of Montreal | 16.81 |
| National Bank of Canada | 16.80 |
| Canadian Imperial Bank of Commerce | 16.74 |
| Royal Bank of Canada | 16.51 |
| Toronto-Dominion Bank | 16.34 |
| Cash and Cash Equivalents | 0.17 |
| TORONTO DOMINION BANK COM k/The | -0.01 |
| ROYAL BANK OF CANADA | -0.06 |
| NATIONAL BANK OF CANADA | -0.08 |
CI Canadian Banks Covered Call Income Class ETF
Median
Other - Financial Services Equity
| Standard Deviation | 15.69% | 17.53% | 14.77% |
|---|---|---|---|
| Beta | 0.96% | 0.97% | 0.79% |
| Alpha | -0.03% | 0.00% | 0.01% |
| Rsquared | 0.66% | 0.76% | 0.53% |
| Sharpe | 0.27% | 0.41% | 0.47% |
| Sortino | 0.36% | 0.49% | 0.52% |
| Treynor | 0.04% | 0.07% | 0.09% |
| Tax Efficiency | 51.22% | 60.38% | 62.08% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 17.53% | 15.69% | 17.53% | 14.77% |
| Beta | 1.28% | 0.96% | 0.97% | 0.79% |
| Alpha | -0.18% | -0.03% | 0.00% | 0.01% |
| Rsquared | 0.72% | 0.66% | 0.76% | 0.53% |
| Sharpe | 0.43% | 0.27% | 0.41% | 0.47% |
| Sortino | 0.88% | 0.36% | 0.49% | 0.52% |
| Treynor | 0.06% | 0.04% | 0.07% | 0.09% |
| Tax Efficiency | 72.95% | 51.22% | 60.38% | 62.08% |
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.
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.
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.
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.
| Start Date | August 18, 2010 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Corporation |
| Sales Status | - |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $196 |
| 52 Week High | $11.13 |
| 52 Week Low | $9.19 |
| Annual Dividend | $0.79 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | Yes |
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.
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.
| Name | Start Date |
|---|---|
| CI Investments Inc | 08-04-2020 |
| Fund Manager | CI Investments Inc |
|---|---|
| Advisor | CI Investments Inc |
| Custodian | CIBC Mellon Trust Company |
| Registrar | TSX Trust Company |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| MER | 0.81% |
|---|---|
| Management Fee | 0.65% |
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