Key stats
About AGF Enhanced U.S. Equity Income Fund
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Inception date
Jun 28, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
AGF Investments, Inc.
ISIN
CA00792A1093
The fund invests in dividend-paying US equity securities while mitigating volatility and generating income through the use of options. Using an active, fundamental approach, the fund select US stocks by evaluating income, quality, growth, and valuation factors. The fund is expected to invest in relatively mature businesses with a history of high, consistent yield and/or demonstrated dividend growth. The dynamic option overlay strategy aims to enhance income and mitigate volatility by using covered call options and covered put options. The portfolio manager may write up to 50% in covered call options. The fund may use options, forward contracts and other permitted derivatives for hedging and non-hedging purposes. The actively managed fund has full discretion to make any investment decision at any time and may engage in securities lending.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Finance
Cash
Stock breakdown by region
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.
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.
AENU trades at 30.27 CAD today, its price has risen 0.03% in the past 24 hours. Track more dynamics on AENU price chart.
AENU net asset value is 30.27 today — it's risen 4.30% 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.
AENU assets under management is 2.72 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.
AENU price has risen by 4.60% over the last month, and its yearly performance shows a 10.15% increase. See more dynamics on AENU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.30% over the last month, showed a 7.42% increase in three-month performance and has increased by 11.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.30% over the last month, showed a 7.42% increase in three-month performance and has increased by 11.38% in a year.
AENU fund flows account for 846.76 K 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.
AENU invests in stocks. See more details in our Analysis section.
No, AENU 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, AENU technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AENU shows the buy signal. See more of AENU technicals for a more comprehensive analysis.
Today, AENU technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AENU shows the buy signal. See more of AENU technicals for a more comprehensive analysis.
No, AENU doesn't pay dividends to its holders.
AENU trades at a premium (0.01%).
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.
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.
AENU shares are issued by AGF Management Ltd.
AENU 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 Jun 28, 2023.
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.