| CACB Etf | | | CAD 20.42 0.12 0.59% |
Some institutional investors establish a significant position in etfs such as CIBC Active in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of CIBC Active, and when they decide to sell, the etf will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CIBC Active Investment. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
CIBC Etf Ownership Analysis
The fund holds about 91.88% of assets under management (AUM) in fixed income securities. CIBC Active Investment last dividend was 0.047 per share. CIBC Active Investment Grade Corporate Bond ETF seeks to generate a high level of current income while preserving capital by investing primarily in bonds, debentures, notes and other debt instruments of Canadian issuers. CIBC ACTIVE is traded on Toronto Stock Exchange in Canada. For more info on CIBC Active Investment please contact the company at 888 888 FUND.
Top CIBC Active Investment Etf Constituents
| TransCanada Pipelines Limited 3.8% | 2.6099999% |
| Enbridge Incorporation 3.2% | 2.19% |
| Bank of Nova Scotia 3.89% | 1.79% |
| Pembina Pipeline Corporation 4.24% | 2.26% |
| The Toronto-Dominion Bank 3.59% | 1.86% |
| Capital Power Corporation 4.28% | 2.75% |
| Brookfield Infrastructure Finance ULC 3.32% | 2.6500002% |
| Pembina Pipeline Corporation 2.99% | 1.98% |
| Sun Life Financial Inc. 2.06% | 1.77% |
| Teranet Holdings LP 3.54% | 2% |
Institutional Etf Holders for CIBC Active
CIBC Active Outstanding Bonds
CIBC Active issues bonds to
finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. CIBC Active Investment uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most CIBC bonds can be classified according to their maturity, which is the date when CIBC Active Investment has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Pair Trading with CIBC Active
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CIBC Active position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CIBC Active will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to CIBC Active could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CIBC Active when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CIBC Active - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CIBC Active Investment to buy it.
The correlation of CIBC Active is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CIBC Active moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CIBC Active Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CIBC Active can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Other Information on Investing in CIBC Etf
CIBC Active financial ratios help investors to determine whether CIBC Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CIBC with respect to the benefits of owning CIBC Active security.