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CI Canadian Banks Covered Call Income Corporate Class Series A

Financial Services Equity

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-18-2024)
$9.15
Change
$0.00 (0.04%)

As at June 30, 2024

As at June 30, 2024

As at February 29, 2024

Period
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Legend

CI Canadian Banks Covered Call Income Corporate Class Series A

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Fund Returns

Inception Return (February 21, 2023): -2.00%

Fund Returns
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 -2.77% -4.88% -0.17% -0.17% 4.05% - - - - - - - - -
Benchmark -0.07% 1.28% 11.27% 11.27% 24.38% 18.22% 8.53% 13.66% 8.20% 7.64% 7.71% 10.17% 7.85% 9.10%
Category Average -1.72% 6.35% 6.35% 6.35% 17.00% 11.08% 3.65% 13.00% 7.63% 6.79% 7.08% 9.38% 7.39% 7.85%
Category Rank 53 / 76 70 / 76 71 / 75 71 / 75 71 / 72 - - - - - - - - -
Quartile Ranking 3 4 4 4 4 - - - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 3.16% -5.80% -2.08% -5.99% 7.35% 8.54% -1.48% 1.49% 4.97% -3.46% 1.33% -2.77%
Benchmark 4.62% -0.85% -2.45% -0.85% 7.51% 3.63% 1.30% 4.53% 3.76% -1.77% 3.17% -0.07%

Best Monthly Return Since Inception

8.54% (December 2023)

Worst Monthly Return Since Inception

-5.99% (October 2023)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
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 - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 97.98
Cash and Equivalents 2.02

Sector Allocation

Sector Allocation
Name Percent
Financial Services 97.98
Cash and Cash Equivalent 2.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
CI Canadian Banks Covered Call Inc Class ETF (CIC) 98.07
Canadian Dollar 1.93

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

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 February 21, 2023
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $23

Fund Codes

FundServ Code Load Code Sales Status
CIG2122
CIG3022
CIG3122

Investment Objectives

The fund’s investment objective is to provide shareholders with (i) regular distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would be experienced by owning a portfolio of common shares of the Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank (collectively, the “Banks”) directly.

Investment Strategy

To achieve its objective, the fund intends on investing all or substantially all of its assets in CI Canadian Banks Covered Call Income Class ETF (the “Underlying ETF”), which has the same portfolio adviser and objectives as the fund.

Portfolio Manager(s)

Name Start Date
George Lagoudakis 02-21-2023

Management and Organization

Fund Manager CI Global Asset Management
Advisor CI Global Asset Management
Custodian -
Registrar -
Distributor -
Auditor -

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance 25
SWP Min Withdrawal -

Fees

MER -
Management Fee 1.65%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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