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CI Multi-Sector Covered Call Fund Series A

North American Equity

NAVPS
(12-06-2024)
$10.44
Change
-$0.02 (-0.18%)

As at October 31, 2024

As at October 31, 2024

No data available


Fund Returns

Inception Return (August 01, 2024): 5.51%

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 -0.90% - - - - - - - - - - - - -
Benchmark 1.48% 4.89% 14.28% 22.79% 35.36% 19.86% 10.81% 16.61% 14.04% 14.02% 12.36% 12.72% 12.42% 11.99%
Category Average 0.25% 2.23% 10.24% 16.40% 31.27% 16.88% 5.61% 12.08% 11.02% 10.64% 9.25% 9.66% 8.69% 8.65%
Category Rank 176 / 187 - - - - - - - - - - - - -
Quartile Ranking 4 - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund - - - - - - - - - - 2.20% -0.90%
Benchmark 7.17% 2.86% 1.77% 4.26% 3.60% -2.26% 3.45% 1.28% 4.00% 0.64% 2.69% 1.48%

Best Monthly Return Since Inception

4.18% (August 2024)

Worst Monthly Return Since Inception

-0.90% (October 2024)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 17.31% 5.50% 14.85% 11.54% -2.58% 24.09% 10.91% 26.72% -9.17% 17.51%
Category Average 14.45% 6.38% 4.55% 10.59% -6.12% 20.45% 16.55% 18.87% -14.77% 16.96%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
US Equity 66.23
Canadian Equity 25.59
International Equity 8.10
Cash and Equivalents 0.09
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 34.28
Financial Services 30.02
Healthcare 11.27
Energy 10.90
Basic Materials 7.01
Other 6.52

Geographic Allocation

Geographic Allocation
Name Percent
North America 91.91
Europe 5.98
Africa and Middle East 1.46
Latin America 0.69
Other -0.04

Top Holdings

Top Holdings
Name Percent
CI Tech Giants Covered Call ETF (TXF) 34.94
CI Canadian Banks Covered Call Inc Class ETF (CIC) 14.98
CI U.S. & Cda Lifeco Cov Call ETF (Hgd Com) (FLI) 14.98
CI Health Care Gia Cov Cal ETF (FHI) 11.75
CI Energy Giants Covered Cal ETF (NXF) 10.84
CI Gold+ Giants Covered Call ETF(CGXF) 7.00
CI Utilities Giants Covered Call ETF Hedged (CUTL) 5.03
CAD Cash Sweep 0.36
Canadian Dollar 0.13

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  out of ten

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 - - - -

Fund Details

Start Date August 01, 2024
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1

Fund Codes

FundServ Code Load Code Sales Status
CIG2132
CIG3032
CIG3132

Investment Objectives

The fund’s investment objective is to provide securityholders with (i) regular distributions of income and option premiums; (ii) the opportunity for long-term capital appreciation from a diversified portfolio of primarily covered call ETFs; and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly, by employing a covered call option writing program.

Investment Strategy

The fund invests in a portfolio of diversified North American companies primarily through the use of covered call exchange-traded funds (the “Underlying ETFs”). The portfolio adviser will generally maintain a target asset mix representative of the broad North American equity market. The fund will have exposure to multiple sectors including but not limited to technology, energy, materials, health care, utilities and financials.

Portfolio Manager(s)

Name Start Date
CI Global Asset Management 08-01-2024

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 -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER -
Management Fee 1.75%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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