Key stats
About CI US MIDCAP DIVIDEND INDEX ETF HEDGED UNITS
Home page
Inception date
Sep 19, 2017
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Primary advisor
CI Investments, Inc.
The fund focuses exclusively on dividend-paying US mid-cap securities. It selects from the top 75% of its parent index WisdomTree Dividend Index after removing 300 companies with the largest market capitalization, leaving only mid-caps as WisdomTree defines them. Aside from regular dividend payouts, securities should also meet additional size and liquidity requirements. At each annual rebalance and reconstitution, holdings are weighted by the proportionate share of total cash dividends that each component company is projected to pay over the coming year. As a result, constituent weights deviate differently between sectors and with greater variety. Weights of each individual security and sector are capped at 5% and 25%, respectively, except for real estate sector which is capped at 5% weight of the portfolio.
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
Stocks100.84%
Finance34.55%
Producer Manufacturing8.30%
Consumer Non-Durables7.79%
Utilities6.96%
Process Industries6.58%
Consumer Services4.65%
Energy Minerals4.55%
Retail Trade3.95%
Technology Services3.74%
Consumer Durables3.28%
Electronic Technology2.66%
Industrial Services2.42%
Distribution Services1.97%
Health Technology1.90%
Transportation1.89%
Commercial Services1.81%
Non-Energy Minerals1.69%
Health Services1.12%
Bonds, Cash & Other−0.84%
Cash0.18%
Miscellaneous−1.01%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UMI invests in stocks. The fund's major sectors are Finance, with 34.90% stocks, and Producer Manufacturing, with 8.38% of the basket. The assets are mostly located in the North America region.
UMI top holdings are Evergy, Inc. and Gaming and Leisure Properties, Inc., occupying 1.29% and 1.18% of the portfolio correspondingly.
UMI last dividends amounted to 0.21 CAD. The quarter before, the issuer paid 0.16 CAD in dividends, which shows a 23.29% increase.
UMI assets under management is 23.91 M CAD. It's risen 5.46% over the last month.
UMI fund flows account for 6.39 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, UMI pays dividends to its holders with the dividend yield of 2.38%. The last dividend (Mar 31, 2025) amounted to 0.16 CAD. The dividends are paid quarterly.
UMI shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Sep 19, 2017, and its management style is Passive.
UMI expense ratio is 0.42% meaning you'd have to pay 0.42% of your investment to help manage the fund.
UMI follows the WisdomTree U.S. MidCap Dividend Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UMI invests in stocks.
UMI price has risen by 0.71% over the last month, and its yearly performance shows a 3.30% increase. See more dynamics on UMI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.01% over the last month, have fallen by −1.01% over the last month, showed a −0.07% decrease in three-month performance and has increased by 7.11% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.01% over the last month, have fallen by −1.01% over the last month, showed a −0.07% decrease in three-month performance and has increased by 7.11% in a year.
UMI trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.