CI Canadian Ownership
| CXF Etf | CAD 10.01 0.11 1.11% |
CXF |
CXF Etf Ownership Analysis
The fund generated five year return of 11.0%. CI Canadian Convertible has Annual Holdings Turnover of about 45.32% . This fund holds most of the assets under management (AUM) in different types of exotic instruments. CI Canadian last dividend was 0.04 per share. The objectives of ETF are to provide unitholders with quarterly cash distributions, the opportunity for capital appreciation by investing on a capitalization-weighted basis in a portfolio of Convertible Bonds of Canadian issuers. CI FA is traded on Toronto Stock Exchange in Canada. For more info on CI Canadian Convertible please contact the company at NA.Top CI Canadian Convertible Etf Constituents
| Cineplex Inc 5.75% | 4.7399998% |
| Premium Brands Holdings Corporation 4.6% | 4.02% |
| Osisko Gold Royalties Ltd 4% | 6.68% |
| Aecon Group Inc. 5% | 4.8299998% |
| Innergex Renewable Energy Inc. 4.75% | 4.7199998% |
| Premium Brands Holdings Corporation 4.65% | 4.6% |
| Chemtrade Logistics Income Fund 4.75% | 4.1300002% |
| Innergex Renewable Energy Inc. 4.65% | 3.9% |
| Tricon Residential Inc 5.75% | 6.59% |
| Element Fleet Management Corp 4.25% | 5.63% |
CI Canadian Outstanding Bonds
CI Canadian 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. CI Canadian Convertible 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 CXF bonds can be classified according to their maturity, which is the date when CI Canadian Convertible 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with CI Canadian
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 CI Canadian 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 CI Canadian will appreciate offsetting losses from the drop in the long position's value.Moving against CXF Etf
| 0.63 | HEP | Global X Enhanced | PairCorr |
| 0.62 | ZGD | BMO Equal Weight | PairCorr |
| 0.62 | HGGG | Harvest Global Gold | PairCorr |
| 0.62 | XGD | iShares SPTSX Global | PairCorr |
| 0.61 | HGU | BetaPro Canadian Gold | PairCorr |
The ability to find closely correlated positions to CI Canadian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CI Canadian 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 CI Canadian - 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 CI Canadian Convertible to buy it.
The correlation of CI Canadian 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 CI Canadian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Canadian Convertible 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 CI Canadian 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 CXF Etf
CI Canadian financial ratios help investors to determine whether CXF 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 CXF with respect to the benefits of owning CI Canadian security.