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About CI ENERGY GIANTS COVERED CALL ETF HEDGED COMMON UNITS
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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
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
Energy Minerals
Stocks99.66%
Energy Minerals99.16%
Bonds, Cash & Other0.34%
Cash0.85%
Miscellaneous0.04%
Rights & Warrants−0.55%
Stock breakdown by region
North America60.12%
Europe33.55%
Latin America6.34%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NXF top holdings are Equinor ASA and Diamondback Energy, Inc., occupying 6.84% and 6.83% of the portfolio correspondingly.
NXF last dividends amounted to 0.08 CAD. The quarter before, the issuer paid 0.12 CAD in dividends, which shows a 37.74% decrease.
NXF assets under management is 126.38 M CAD. It's risen 14.38% over the last month.
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.
Yes, NXF pays dividends to its holders with the dividend yield of 7.35%. The last dividend (Mar 31, 2025) amounted to 0.12 CAD. The dividends are paid quarterly.
NXF shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Feb 4, 2015, and its management style is Active.
NXF expense ratio is 0.90% meaning you'd have to pay 0.90% of your investment to help manage the fund.
NXF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NXF invests in stocks.
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 trades at a premium (0.30%) meaning the ETF is trading at a higher price than the calculated NAV.