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.
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
Electronic Technology
Finance
Cash
Stocks84.51%
Electronic Technology17.63%
Finance14.64%
Health Technology8.25%
Technology Services7.81%
Producer Manufacturing7.12%
Consumer Non-Durables5.65%
Retail Trade5.27%
Energy Minerals3.60%
Communications3.10%
Process Industries2.90%
Transportation2.87%
Consumer Durables2.15%
Utilities1.94%
Industrial Services0.58%
Non-Energy Minerals0.49%
Consumer Services0.18%
Bonds, Cash & Other15.49%
Cash15.88%
Rights & Warrants−0.39%
Stock breakdown by region
North America99.77%
Europe0.23%
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
AENU invests in stocks. The fund's major sectors are Electronic Technology, with 17.70% stocks, and Finance, with 14.69% of the basket. The assets are mostly located in the North America region.
AENU assets under management is 2.72 M CAD. It's risen 4.29% over the last month.
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.
No, AENU doesn't pay dividends to its holders.
AENU shares are issued by AGF Management Ltd. under the brand AGF. The ETF was launched on Jun 28, 2023, and its management style is Active.
AENU follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AENU invests in stocks.
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 trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.