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About CI GLOBAL ASSET MANAGEMENT INC GLOBAL CLIMATE LEADERS FUND
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Inception date
Jul 8, 2021
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
CI Investments, Inc.
The fund actively manages a portfolio of companies anticipating profit increase from investing further in and focusing on decarbonization and climate change. It invests in firms across a variety of industries and countries without limits or constraints and targets those classified in the following sub-sectors: (i) clean energy, (ii) transport and batteries, (iii) buildings and efficiency, and (iv) packaging, waste, and water. The adviser utilizes a proprietary investment process by combining leveraged top-down thematic views along with bottom-up investing to generate key investment ideas and screen through quantitative and qualitative tests. ESG considerations are also integrated to provide additional evidence of relevant sustainability and in monitoring the portfolio. Companies focusing on short-term financial goals are typically excluded. The concentrated portfolio will generally consist of 15 to 25 securities.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Industrial Services
Utilities
Electronic Technology
Stocks97.71%
Producer Manufacturing30.78%
Industrial Services24.68%
Utilities23.97%
Electronic Technology12.67%
Process Industries5.55%
Bonds, Cash & Other2.29%
Cash2.36%
Miscellaneous−0.06%
Stock breakdown by region
North America64.85%
Europe35.15%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CLML invests in stocks. The fund's major sectors are Producer Manufacturing, with 30.80% stocks, and Industrial Services, with 24.69% of the basket. The assets are mostly located in the North America region.
CLML top holdings are Constellation Energy Corporation and GE Vernova Inc., occupying 10.81% and 8.49% of the portfolio correspondingly.
CLML assets under management is 35.64 M CAD. It's risen 28.58% over the last month.
CLML fund flows account for 20.80 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.
No, CLML doesn't pay dividends to its holders.
CLML shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Jul 8, 2021, and its management style is Active.
CLML expense ratio is 1.86% meaning you'd have to pay 1.86% of your investment to help manage the fund.
CLML follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CLML invests in stocks.
CLML price has risen by 5.36% over the last month, and its yearly performance shows a 26.75% increase. See more dynamics on CLML price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.03% over the last month, showed a 26.70% increase in three-month performance and has increased by 26.96% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.03% over the last month, showed a 26.70% increase in three-month performance and has increased by 26.96% in a year.
CLML trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.