CI Enhanced Ownership
| FGO Etf | CAD 10.17 0.01 0.1% |
FGO |
FGO Etf Ownership Analysis
The fund retains about 44.76% of assets under management (AUM) in fixed income securities. The First Asset ETFs investment objective is to provide long-term total returns through interest income and capital appreciation. CI FA is traded on Toronto Stock Exchange in Canada. To learn more about CI Enhanced Government call the company at 877-642-1289.Top CI Enhanced Government Etf Constituents
| Canada (Government of) 0.25% | 3.55% |
| Canada (Government of) 2% | 4.0799998% |
| Canada (Government of) 1.25% | 2.07% |
| Canada (Government of) 0.5% | 6.75% |
| Canada (Government of) 1.5% | 2.35% |
| United States Treasury Notes 1.88% | 3.3099998% |
Institutional Etf Holders for CI Enhanced
CI Enhanced Outstanding Bonds
CI Enhanced 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 Enhanced Government 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 FGO bonds can be classified according to their maturity, which is the date when CI Enhanced Government 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 CI Enhanced
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 Enhanced 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 Enhanced will appreciate offsetting losses from the drop in the long position's value.Moving together with FGO Etf
| 0.78 | FLGA | Franklin Global Core | PairCorr |
| 0.89 | CPLS | CIBC Core Plus | PairCorr |
| 0.88 | MGB | Mackenzie Core Plus | PairCorr |
Moving against FGO Etf
| 0.57 | ZEB | BMO SPTSX Equal | PairCorr |
| 0.44 | XSP | iShares Core SP | PairCorr |
| 0.44 | ZSP | BMO SP 500 | PairCorr |
| 0.44 | VFV | Vanguard SP 500 | PairCorr |
The ability to find closely correlated positions to CI Enhanced 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 Enhanced 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 Enhanced - 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 Enhanced Government to buy it.
The correlation of CI Enhanced 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 Enhanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Enhanced Government 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 Enhanced 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 FGO Etf
CI Enhanced financial ratios help investors to determine whether FGO 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 FGO with respect to the benefits of owning CI Enhanced security.