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CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units) (FLI : TSX)

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Financial Services Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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.

Close
(08-11-2025) 		$10.93
Change
-$0.03 (-0.27%)
Open $10.91
Day Range $10.91 - $10.91
Volume 118

As at July 31, 2025

As at July 31, 2025

As at June 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 20252016-01-012018-01-012020-01-012022-01-012024-01-01$6.00$8.00$10.00$12.00$14.00$9.00$11.00$13.0005,000,00010,000,000100,000200,000Period
Created with Highcharts 10.3.3Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 20252016-01-012018-01-012020-01-012022-01-012024-01-01-60%-40%-20%0%20%5%10%15%25%Period

Legend

CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units)

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Fund Returns

Inception Return (August 22, 2013): 8.54%

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 -1.11% 2.43% -0.63% 2.78% 12.31% 13.75% 12.85% 10.29% 16.62% 7.74% 6.84% 5.91% 8.17% 6.37%
Benchmark 2.04% 9.45% 6.13% 12.53% 24.60% 25.70% 21.08% 13.97% 17.06% 11.88% 10.56% 10.62% 11.78% 9.59%
Category Average 1.47% 6.27% 6.27% 10.92% 24.37% 21.61% 16.17% 10.35% 16.36% 11.35% 9.75% 9.93% 11.21% 9.33%
Category Rank 73 / 75 74 / 75 62 / 72 68 / 71 68 / 70 67 / 68 43 / 60 26 / 51 20 / 51 38 / 46 34 / 43 34 / 36 29 / 32 28 / 28
Quartile Ranking 4 4 4 4 4 4 3 3 2 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25-10%-5%0%5%10%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 2.87% 3.08% 0.38% 8.65% -5.52% 3.44% 3.90% -0.99% -5.70% 1.96% 1.59% -1.11%
Benchmark 1.09% 2.08% 2.26% 6.63% -1.59% 6.02% 1.62% -1.76% -2.87% 4.60% 2.54% 2.04%

Best Monthly Return Since Inception

18.29% (November 2020)

Worst Monthly Return Since Inception

-28.49% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-30%-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 5.80% 20.43% 11.24% -19.51% 20.03% -12.00% 25.35% 5.33% 6.69% 20.45%
Benchmark 14.20% 6.34% 15.24% -4.99% 19.43% -5.24% 22.05% -5.68% 13.41% 31.42%
Category Average 6.19% 11.10% 15.65% -8.72% 20.37% 0.17% 28.60% -10.67% 9.26% 27.44%
Quartile Ranking 2 3 4 4 3 4 3 1 4 4
Category Rank 12/ 28 15/ 28 29/ 36 39/ 40 23/ 44 45/ 46 37/ 51 1/ 51 49/ 60 61/ 69

Best Calendar Return (Last 10 years)

25.35% (2021)

Worst Calendar Return (Last 10 years)

-19.51% (2018)

Asset Allocation

Asset Allocation
Name Percent
US Equity 68.63
Canadian Equity 31.83
Cash and Equivalents -0.46

Sector Allocation

Sector Allocation
Name Percent
Financial Services 100.49
Cash and Cash Equivalent -0.47

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Great-West Lifeco Inc 11.68
Globe Life Inc 11.60
Lincoln National Corp 11.29
Sun Life Financial Inc 10.25
Manulife Financial Corp 9.93
Unum Group 9.55
Principal Financial Group Inc 9.53
Aflac Inc 9.32
MetLife Inc 8.71
Prudential Financial Inc 8.62

Equity Style

Market capitalization is large. Equity style is value.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return14151617181920212223242526272829300%10%20%30%40%50%

CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units)

Median

Other - Financial Services Equity

3 Yr Annualized

Standard Deviation 17.68% 18.16% 20.17%
Beta 1.15% 1.14% 1.27%
Alpha -0.09% -0.02% -0.05%
Rsquared 0.67% 0.72% 0.76%
Sharpe 0.55% 0.80% 0.32%
Sortino 0.95% 1.35% 0.36%
Treynor 0.08% 0.13% 0.05%
Tax Efficiency 76.42% 79.78% 51.98%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.94% 17.68% 18.16% 20.17%
Beta 1.13% 1.15% 1.14% 1.27%
Alpha -0.13% -0.09% -0.02% -0.05%
Rsquared 0.69% 0.67% 0.72% 0.76%
Sharpe 0.67% 0.55% 0.80% 0.32%
Sortino 1.13% 0.95% 1.35% 0.36%
Treynor 0.08% 0.08% 0.13% 0.05%
Tax Efficiency 76.51% 76.42% 79.78% 51.98%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A97.0​97.073.7​73.70%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A96.0​96.065.5​65.50%10%20%30%40%50%60%70%80%90%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.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A96.7​96.783.9​83.90%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A98.4​98.472.5​72.50%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

Fund Details

Start Date August 22, 2013
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $87
52 Week High $12.03
52 Week Low $8.77
Annual Dividend $0.77
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 No

Investment Objectives

The Fund's investment objectives are to provide holders of Units (the "Holders") with:(i) quarterly cash 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 equity securities of LifeCo Companies directly.

Investment Strategy

The net proceeds of the Offering will be invested on an equal weight basis in the Portfolio, which will consist of publicly-traded common equity securities of the ten largest U.S. and Canadian life insurance companies.

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 0.96%
Management Fee 0.75%

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