Key stats
About CI US MINIMUM DOWNSIDE VOLATILITY HEDGED COM UNITS
Expense ratio
0.35%
Home page
Inception date
Jan 19, 2023
Solactive US Minimum Downside Volatility Hedged to CAD Index NTR - CAD - Benchmark TR Net
The fund tracks an index of US stocks of various capitalization that exhibit lower downside volatility over the broader equity market. Through an optimizer, the passively managed fund seeks to hold a portfolio with a target number of stocks, as well as avoiding excessive sector concentration and index turnover. The underlying index minimizes downside volatility by selecting and weighting stocks through an optimized approach and the covariance matrix. The optimizer takes into consideration constraints for securities, sectors, and returns. The index is rebalanced semi-annually every January and July.
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
Finance
Technology Services
Stocks99.75%
Finance16.49%
Technology Services16.43%
Consumer Non-Durables9.77%
Communications9.52%
Electronic Technology8.89%
Retail Trade8.86%
Health Technology5.41%
Industrial Services5.13%
Distribution Services4.67%
Consumer Services4.55%
Utilities4.54%
Health Services3.22%
Process Industries1.50%
Producer Manufacturing0.34%
Transportation0.21%
Commercial Services0.06%
Non-Energy Minerals0.05%
Energy Minerals0.04%
Bonds, Cash & Other0.25%
Cash0.31%
Miscellaneous−0.06%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history