Key stats
About CI TECH GIANTS COVERED CALL ETF HEDGED COMMON UNITS
Home page
Inception date
Oct 24, 2011
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
The fund seeks quarterly cash distributions and capital growth by actively selecting large-cap technology companies listed on a North American stock exchange. It includes firms classified in any of the following GICS sector and sub-industry groups: Information Technology, Internet & Direct Marketing Retail, Interactive Home Entertainment and Interactive Media & Services. The fund holds a concentrated portfolio of at least 25 companies selected by market-cap, however, adjustments can be made based on the fund advisers view on the firms liquidity and their related call options. Holdings are typically equal-weighted, but due to its active approach, weightings may deviate significantly. In an effort to lower the overall volatility, the fund employs a covered call option strategy on approximately 25% of the portfolio. Rebalancing usually occurs quarterly, subject to fund advisers discretion. Prior to April, 22, 2021, the fund was named CI First Asset Tech Giants Covered Call ETF.
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
Technology Services
Electronic Technology
Stocks100.32%
Technology Services51.31%
Electronic Technology44.60%
Producer Manufacturing4.05%
Miscellaneous0.03%
Bonds, Cash & Other−0.32%
Miscellaneous0.06%
Cash0.01%
Rights & Warrants−0.39%
Stock breakdown by region
North America96.12%
Europe3.88%
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
TXF invests in stocks. The fund's major sectors are Technology Services, with 51.48% stocks, and Electronic Technology, with 44.75% of the basket. The assets are mostly located in the North America region.
TXF top holdings are Broadcom Inc. and Cisco Systems, Inc., occupying 4.17% and 4.14% of the portfolio correspondingly.
TXF last dividends amounted to 0.61 CAD. The quarter before, the issuer paid 0.56 CAD in dividends, which shows a 9.19% increase.
TXF assets under management is 625.70 M CAD. It's risen 19.69% over the last month.
TXF fund flows account for 8.23 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.
Yes, TXF pays dividends to its holders with the dividend yield of 11.36%. The last dividend (Mar 31, 2025) amounted to 0.61 CAD. The dividends are paid quarterly.
TXF shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Oct 24, 2011, and its management style is Active.
TXF expense ratio is 0.80% meaning you'd have to pay 0.80% of your investment to help manage the fund.
TXF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TXF invests in stocks.
TXF price has risen by 18.66% over the last month, and its yearly performance shows a −9.45% decrease. See more dynamics on TXF price chart.
NAV returns, another gauge of an ETF dynamics, showed a −8.99% decrease in three-month performance and has increased by 2.16% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −8.99% decrease in three-month performance and has increased by 2.16% in a year.
TXF trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.