CI TECH GIANTS COVERED CALL ETF HEDGED COMMON UNITSCI TECH GIANTS COVERED CALL ETF HEDGED COMMON UNITSCI TECH GIANTS COVERED CALL ETF HEDGED COMMON UNITS

CI TECH GIANTS COVERED CALL ETF HEDGED COMMON UNITS

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Key stats


Assets under management (AUM)
‪623.98 M‬CAD
Fund flows (1Y)
‪8.23 M‬CAD
Dividend yield (indicated)
11.36%
Discount/Premium to NAV
0.2%
Shares outstanding
‪31.40 M‬
Expense ratio
0.80%

About CI TECH GIANTS COVERED CALL ETF HEDGED COMMON UNITS


Brand
CI
Inception date
Oct 24, 2011
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
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


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Broad-based
Strategy
Active
Geography
North America
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Stock breakdown by region
96%3%
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 TXF 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.
TXF trades at 19.51 CAD today, its price has fallen −0.43% in the past 24 hours. Track more dynamics on TXF price chart.
TXF net asset value is 19.51 today — it's risen 20.07% 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.
TXF assets under management is ‪623.98 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.
TXF price has risen by 18.50% 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.
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.
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.
TXF invests in stocks. See more details in our Analysis section.
TXF expense ratio is 0.80%. 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, TXF 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, TXF technical analysis shows the buy 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 TXF shows the buy signal. See more of TXF technicals for a more comprehensive analysis.
Yes, TXF pays dividends to its holders with the dividend yield of 11.36%.
TXF trades at a premium (0.15%).
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.
TXF shares are issued by CI Financial Corp.
TXF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 24, 2011.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.