Key stats
About CI Global Artificial Intelligence Fund
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Inception date
May 2, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
ISIN
CA12571A1012
The fund actively invests in companies that are leading artificial intelligence innovation. These firms are identified as engaged in the research, development, and application of AI technologies such as machine and deep learning, natural language processing, computer vision, robotics and automation, recommendation engines, and hardware and infrastructure. The fund primarily, but not exclusively, selects those in the developed markets and information technology sector. It may still have exposure to emerging market securities and other sectors. In determining eligible securities, a proprietary investment process incorporating top-down thematic views and bottom-up fundamental research is utilized. The adviser also evaluates additional factors including technological innovation, competitive positioning, management quality, and financial strength. The final portfolio consists of approximately 40 to 50 companies, all with sustainable competitive advantages and strong growth prospects.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
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.
CIAI trades at 32.48 CAD today, its price has risen 0.90% in the past 24 hours. Track more dynamics on CIAI price chart.
CIAI net asset value is 32.48 today — it's risen 9.68% 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.
CIAI assets under management is 893.97 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.
CIAI price has risen by 9.92% over the last month, and its yearly performance shows a 43.91% increase. See more dynamics on CIAI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 9.68% over the last month, showed a 23.80% increase in three-month performance and has increased by 20.33% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 9.68% over the last month, showed a 23.80% increase in three-month performance and has increased by 20.33% in a year.
CIAI fund flows account for −7.23 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.
CIAI invests in stocks. See more details in our Analysis section.
CIAI expense ratio is 0.41%. 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, CIAI 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, CIAI technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CIAI shows the strong buy signal. See more of CIAI technicals for a more comprehensive analysis.
Today, CIAI technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CIAI shows the strong buy signal. See more of CIAI technicals for a more comprehensive analysis.
No, CIAI doesn't pay dividends to its holders.
CIAI 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.
CIAI shares are issued by CI Financial Corp.
CIAI 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 May 2, 2024.
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.