CI AUSPICE BROAD COMMODITY FUND HEDGED COM UNITCI AUSPICE BROAD COMMODITY FUND HEDGED COM UNITCI AUSPICE BROAD COMMODITY FUND HEDGED COM UNIT

CI AUSPICE BROAD COMMODITY FUND HEDGED COM UNIT

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Key stats


Assets under management (AUM)
‪144.99 M‬CAD
Fund flows (1Y)
‪−4.26 M‬CAD
Dividend yield (indicated)
18.53%
Discount/Premium to NAV
0.05%
Shares outstanding
‪7.67 M‬
Expense ratio
0.73%

About CI AUSPICE BROAD COMMODITY FUND HEDGED COM UNIT


Brand
CI
Inception date
Sep 22, 2022
Structure
Canadian Commodity Pool (ON)
Index tracked
Auspice Broad Commodity Excess Index - CAD - Benchmark TR Net
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
CI Investments, Inc.
The fund tracks a broad commodity index that considers different commodity futures contracts in the agriculture, energy, and metals sectors. Futures positions are weighted by historical volatility and each position can be either long or flat (i.e. moved to cash) based on prevailing price trends in the contract. Contract tenor is determined by an optimized, rules-based process that selects contracts within the next 13-month period. The adviser also invests COMs collateral in T-bills, money market funds, cash, and other short-term, highly rated corporate and government debt. Rather than a commodity pool, the fund uses a Cayman structure (getting exposure through a wholly-owned Cayman Islands subsidiary). As such, taxable investors avoids a K-1 form at tax time.

Classification


Asset Class
Commodities
Category
Broad market
Focus
Broad market
Niche
Variable
Strategy
Optimized commodity
Geography
Global
Weighting scheme
Multi-factor
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.87%
Government0.69%
Miscellaneous−0.00%
Futures−1.55%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to CCOM via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CCOM trades at 18.89 CAD today, its price hasn't changed in the past 24 hours. Track more dynamics on CCOM price chart.
CCOM net asset value is 18.90 today — it's fallen 0.89% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CCOM assets under management is ‪144.99 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CCOM price has fallen by −0.47% over the last month, and its yearly performance shows a −8.39% decrease. See more dynamics on CCOM price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.89% over the last month, showed a −3.60% decrease in three-month performance and has decreased by −2.59% in a year.
CCOM fund flows account for ‪−4.26 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CCOM invests in cash. See more details in our Analysis section.
CCOM expense ratio is 0.73%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CCOM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CCOM technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CCOM shows the sell signal. See more of CCOM technicals for a more comprehensive analysis.
Yes, CCOM pays dividends to its holders with the dividend yield of 18.53%.
CCOM trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CCOM shares are issued by CI Financial Corp.
CCOM follows the Auspice Broad Commodity Excess Index - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 22, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.