CI U.S. Enhanced Value Index FundCI U.S. Enhanced Value Index FundCI U.S. Enhanced Value Index Fund

CI U.S. Enhanced Value Index Fund

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Key stats


Assets under management (AUM)
‪116.48 M‬CAD
Fund flows (1Y)
‪74.03 M‬CAD
Dividend yield (indicated)
1.49%
Discount/Premium to NAV
0.08%
Shares outstanding
‪4.38 M‬
Expense ratio
0.33%

About CI U.S. Enhanced Value Index Fund


Issuer
CI Financial Corp.
Brand
CI
Inception date
Jan 16, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
VettaFi US Enhanced Value Index - CAD - Benchmark TR Net Hedged
Management style
Passive
Dividend treatment
Distributes
Primary advisor
CI Investments, Inc.
ISIN
CA12570W1124
The fund provides exposure to US value stocks. Starting with an initial universe of 1000 US large- and mid-cap companies, the index selects 100 equity securities with the highest value scores based on five fundamental factors: price-to-book, price-to-earnings, price-to-sales, dividend yield, and free cash flow yield. The index utilizes both current and forward-looking values to compute for each factor, except for the free cash flow yield, where only the forward-looking factor is used. Selected stocks are weighted by the product of their market capitalization and value score. The maximum weight for each security is capped at 7%. Sector constraints are also applied for portfolio diversification. The index rebalances semi-annually.

Broaden your horizons with more funds linked to CVLU.B via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Value
Strategy
Value
Geography
U.S.
Weighting scheme
Multi-factor
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Technology Services
Stock breakdown by region
0%97%2%
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.
CVLU.B trades at 26.56 CAD today, its price has risen 0.04% in the past 24 hours. Track more dynamics on CVLU.B price chart.
CVLU.B net asset value is 26.57 today — it's risen 5.79% 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.
CVLU.B assets under management is ‪116.48 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.
CVLU.B price has risen by 7.31% over the last month, and its yearly performance shows a 15.83% increase. See more dynamics on CVLU.B price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.79% over the last month, showed a 10.45% increase in three-month performance and has increased by 7.88% in a year.
CVLU.B fund flows account for ‪74.03 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.
CVLU.B invests in stocks. See more details in our Analysis section.
CVLU.B expense ratio is 0.33%. 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, CVLU.B 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, CVLU.B 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 CVLU.B shows the buy signal. See more of CVLU.B technicals for a more comprehensive analysis.
Yes, CVLU.B pays dividends to its holders with the dividend yield of 1.49%.
CVLU.B trades at a premium (0.06%).
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.
CVLU.B shares are issued by CI Financial Corp.
CVLU.B follows the VettaFi US Enhanced Value Index - CAD - Benchmark TR Net Hedged. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 16, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.