Key stats
About CIBC QX CANADIAN LOW VOLATILITY DIVIDEND ETF
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Inception date
Nov 16, 2021
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
CIBC Asset Management, Inc.
The fund seeks current income and long-term capital growth from an actively managed, low volatility portfolio of dividend-paying Canadian securities. Holdings are selected and weighted using a proprietary analysis that focuses on a stocks historical standard deviation and dividend yield. In addition to equities, units of ETFs that support the funds overall objective may also be included. During market downturns, the funds strategy may shift temporarily from its primary target by investing in cash or cash equivalents, as well as fixed income securities issued or guaranteed by the Canadian or US government, or companies. Derivatives such as options, futures, swaps, and forward contracts may also be used for both hedging and non-hedging purposes. The fund is part of CIBCs low volatility dividend suite along with CQLU and CQLI that provide exposure to US and international equity markets, respectively.
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
Finance
Utilities
Industrial Services
Stocks98.07%
Finance44.49%
Utilities16.09%
Industrial Services11.25%
Retail Trade9.47%
Communications9.18%
Technology Services3.70%
Distribution Services2.59%
Transportation1.31%
Bonds, Cash & Other1.93%
UNIT1.49%
Cash0.44%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history