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CI Canadian Banks Covered Call Income Class ETF (CIC : TSX)

Financial Services Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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
(06-13-2025)
$12.40
Change
-$0.04 (-0.32%)
Open $12.40
Day Range $12.40 - $12.41
Volume 7,048

As at May 31, 2025

As at May 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 20252016-01-012018-01-012020-01-012022-01-012024-01-01$8.00$10.00$12.00$14.00$16.00$11.00$13.0005,000,00010,000,0002,000,000Period
Created with Highcharts 10.3.3Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 20252016-01-012018-01-012020-01-012022-01-012024-01-01-20%0%20%40%-40%-5%5%10%15%Period

Legend

CI Canadian Banks Covered Call Income Class ETF

Compare Options


Fund Returns

Inception Return (August 18, 2010): 9.24%

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 6.53% 4.57% 4.57% 5.39% 22.85% 17.98% 6.93% 7.22% 15.17% 9.87% 8.28% 8.61% 9.40% 8.87%
Benchmark 4.60% -0.20% 5.82% 7.54% 26.92% 27.52% 17.87% 12.97% 16.58% 11.45% 10.21% 9.85% 11.22% 9.53%
Category Average 5.93% 2.60% 2.60% 5.38% 24.10% 24.12% 12.04% 8.59% 16.00% 11.05% 9.30% 9.52% 10.44% 9.07%
Category Rank 29 / 79 20 / 78 40 / 75 42 / 75 48 / 74 56 / 71 40 / 58 36 / 55 25 / 50 29 / 50 27 / 47 25 / 40 23 / 36 21 / 32
Quartile Ranking 2 2 3 3 3 4 3 3 2 3 3 3 3 3

Monthly Return

Created with Highcharts 10.3.3Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund -3.38% 6.15% 3.34% 5.13% 0.42% 5.00% -0.77% 2.17% -1.35% -3.93% 2.18% 6.53%
Benchmark -0.07% 6.67% 1.09% 2.08% 2.26% 6.63% -1.59% 6.02% 1.62% -1.76% -2.87% 4.60%

Best Monthly Return Since Inception

12.07% (November 2020)

Worst Monthly Return Since Inception

-17.82% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -4.66% 26.61% 12.14% -8.98% 14.07% 1.64% 34.05% -11.31% 6.88% 21.13%
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 4 1 3 3 4 2 1 2 3 4
Category Rank 30/ 32 3/ 32 24/ 40 28/ 44 43/ 48 23/ 50 13/ 55 27/ 55 46/ 64 57/ 73

Best Calendar Return (Last 10 years)

34.05% (2021)

Worst Calendar Return (Last 10 years)

-11.31% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 99.51
Cash and Equivalents 0.49

Sector Allocation

Sector Allocation
Name Percent
Financial Services 99.51
Cash and Cash Equivalent 0.49

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Canadian Imperial Bank of Commerce 17.41
National Bank of Canada 17.15
Toronto-Dominion Bank 16.62
Royal Bank of Canada 16.22
Bank of Nova Scotia 16.21
Bank of Montreal 15.90
Cash and Cash Equivalents 0.49

Equity Style

Market capitalization is large. Equity style is growth.

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 Return1516171819202122232425262728293031-10%0%10%20%30%40%

CI Canadian Banks Covered Call Income Class ETF

Median

Other - Financial Services Equity

3 Yr Annualized

Standard Deviation 15.92% 15.33% 14.55%
Beta 0.95% 0.93% 0.83%
Alpha -0.09% 0.00% 0.01%
Rsquared 0.68% 0.66% 0.62%
Sharpe 0.25% 0.84% 0.54%
Sortino 0.47% 1.37% 0.66%
Treynor 0.04% 0.14% 0.10%
Tax Efficiency 52.46% 77.84% 66.95%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.51% 15.92% 15.33% 14.55%
Beta 0.72% 0.95% 0.93% 0.83%
Alpha 0.04% -0.09% 0.00% 0.01%
Rsquared 0.44% 0.68% 0.66% 0.62%
Sharpe 1.43% 0.25% 0.84% 0.54%
Sortino 3.15% 0.47% 1.37% 0.66%
Treynor 0.25% 0.04% 0.14% 0.10%
Tax Efficiency 84.24% 52.46% 77.84% 66.95%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A98.498.474.974.90%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: A99.299.267.067.00%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: A98.998.984.884.80%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: A93.093.073.373.30%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.

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) -
52 Week High $12.49
52 Week Low $10.30
Annual Dividend $0.96
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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