Key stats
About CI ENERGY GIANTS COVERED CALL ETF HEDGED COMMON UNITS
Home page
Inception date
Feb 4, 2015
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
The fund seeks to provide quarterly cash distributions and capital growth by actively selecting large-cap energy companies listed in either US or Canada. The fund specifically includes firms classified under GICS Integrated Oil & Gas or Oil & Gas Exploration & Production sub-industry groups. The fund holds a concentrated portfolio of at least 15 firms selected by market-cap, however, adjustments can be made based on the fund advisers view on the firms liquidity and their related call options. Holdings are typically equal-weighted, but due to its active approach, weightings may deviate significantly. In an effort to generate additional income and reduce the overall portfolio volatility, the fund employs a covered call option strategy on approximately 25% of the portfolio. Rebalancing usually occurs quarterly, subject to fund advisers discretion. Prior to April 22, 2021, the fund name was CI First Asset Energy Giants Covered Call ETF.
Classification
What's in the fund
Exposure type
Energy Minerals
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.
Related funds
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.
NXF trades at 5.58 CAD today, its price has fallen −0.90% in the past 24 hours. Track more dynamics on NXF price chart.
NXF net asset value is 5.52 today — it's risen 6.23% 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.
NXF assets under management is 126.38 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.
NXF price has risen by 5.77% over the last month, and its yearly performance shows a −6.38% decrease. See more dynamics on NXF price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.54% decrease in three-month performance and has decreased by −0.71% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −0.54% decrease in three-month performance and has decreased by −0.71% in a year.
NXF fund flows account for −13.33 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.
NXF invests in stocks. See more details in our Analysis section.
NXF expense ratio is 0.90%. 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, NXF 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, NXF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NXF shows the sell signal. See more of NXF technicals for a more comprehensive analysis.
Today, NXF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NXF shows the sell signal. See more of NXF technicals for a more comprehensive analysis.
Yes, NXF pays dividends to its holders with the dividend yield of 7.35%.
NXF trades at a premium (0.30%).
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.
NXF shares are issued by CI Financial Corp.
NXF 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 Feb 4, 2015.
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.