The investment objective of the Can-Materials ETF is to provide unitholders, through an actively managed portfolio, as described below, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest issuers measured by market capitalization chosen from the S&P/TSX Capped Materials Index and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.
Frequently asked questions
What is the CI First Asset Can-Materials Covered Call ETF Common (MXF) expense ratio?
The CI First Asset Can-Materials Covered Call ETF Common funds expense ratio is 0.74%.
What is CI First Asset Can-Materials Covered Call ETF Common (MXF) current stock price?
As of the latest data, CI First Asset Can-Materials Covered Call ETF Common stock price is CA$12.06, with a previous close of CA$11.96. CI First Asset Can-Materials Covered Call ETF Common gained CA$0.10 in the last trading session, representing a 0.84% increase.
Does CI First Asset Can-Materials Covered Call ETF Common (MXF) pay dividends?
Yes. CI First Asset Can-Materials Covered Call ETF Common pays quarterly dividends with an annualized yield of 11.37% and an estimated annual payout of CA$1.37 per share.
