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CI Health Care Giants Covered Call ETF - Hedged Common Units (FHI : TSX)

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Sector 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.

Close
(12-23-2024) 		$10.58
Change
-$0.15 (-1.40%)
Open $10.56
Day Range $10.51 - $10.58
Volume 2,230

As at November 30, 2024

As at November 30, 2024

As at July 31, 2024

  • Closing Price / Volume
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Legend

CI Health Care Giants Covered Call ETF - Hedged Common Units

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Fund Returns

Inception Return (June 07, 2018): 9.23%

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 0.65% -3.52% 4.60% 6.49% 10.98% 2.69% 6.39% 9.01% 8.84% 7.82% - - - -
Benchmark 6.37% 10.66% 16.91% 25.77% 30.69% 15.61% 10.90% 13.91% 11.92% 12.54% 10.25% 10.17% 10.75% 8.96%
Category Average 4.46% 11.24% 11.24% 21.90% 26.75% 20.45% 5.39% 8.61% 11.96% 12.20% 11.37% 12.77% 11.28% 11.60%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 4.21% 2.40% 1.93% 2.28% -5.53% 0.94% 0.66% 4.40% 3.17% 0.03% -4.17% 0.65%
Benchmark 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37%

Best Monthly Return Since Inception

11.31% (April 2020)

Worst Monthly Return Since Inception

-8.57% (December 2018)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 16.38% 7.07% 25.75% 2.48% 0.47%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 17.30% 16.21% -0.43% 20.39% 1.55% 22.37% 29.99% 15.34% -25.24% 26.53%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

25.75% (2021)

Worst Calendar Return (Last 10 years)

0.47% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 94.87
International Equity 5.06
Cash and Equivalents 0.08
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Healthcare 93.52
Consumer Services 6.42
Cash and Cash Equivalent 0.07
Other -0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.95
Europe 5.06
Other -0.01

Top Holdings

Top Holdings
Name Percent
McKesson Corp 6.42
Bristol-Myers Squibb Co 6.16
Gilead Sciences Inc 5.77
Stryker Corp 5.60
UnitedHealth Group Inc 5.50
Abbott Laboratories 5.45
CVS Health Corp 5.45
Medtronic PLC 5.06
Johnson & Johnson 4.93
Cigna Corp 4.92

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)

CI Health Care Giants Covered Call ETF - Hedged Common Units

Median

Other - Sector Equity

3 Yr Annualized

Standard Deviation 12.92% 13.66% -
Beta 0.64% 0.63% -
Alpha 0.00% 0.01% -
Rsquared 0.46% 0.54% -
Sharpe 0.27% 0.52% -
Sortino 0.50% 0.78% -
Treynor 0.05% 0.11% -
Tax Efficiency 59.52% 66.06% -
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.53% 12.92% 13.66% -
Beta 0.65% 0.64% 0.63% -
Alpha -0.07% 0.00% 0.01% -
Rsquared 0.31% 0.46% 0.54% -
Sharpe 0.61% 0.27% 0.52% -
Sortino 1.10% 0.50% 0.78% -
Treynor 0.10% 0.05% 0.11% -
Tax Efficiency 73.67% 59.52% 66.06% -

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.

View the full methodology

Fund Details

Start Date June 07, 2018
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $88
52 Week High $12.29
52 Week Low $10.21
Annual Dividend $0.82
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

FHI’s investment objectives are to provide holders, through an actively managed portfolio, with (i) regular cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of equity securities of at least the 20 largest health care companies measured by market capitalization listed on a North American stock exchange, and (iii) lower overall volatility of returns on the portfolio with covered calls.

Investment Strategy

FHI invests in a portfolio of equity securities of at least the 20 largest health care companies measured by market capitalization listed on a North American stock exchange.

Portfolio Manager(s)

Name Start Date
CI Global Asset Management 01-29-2021

Management and Organization

Fund Manager CI Global Asset Management
Advisor CI Global Asset Management
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor Ernst & Young LLP

Fees

MER 0.72%
Management Fee 0.65%

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