CI First Ownership
| MXF Etf | CAD 12.20 0.18 1.50% |
MXF |
MXF Etf Ownership Analysis
The fund has Annual Holdings Turnover of about 51.05% . CI First Asset maintains 99.67% of assets in stocks. This fund last dividend was 0.2031 per share. The investment objective of the Can-Materials ETF is to provide unitholders, through an actively managed portfolio, as described below, with quarterly cash distributions, the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest issuers measured by market capitalization chosen from the SPTSX Capped Materials Index and lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly. CI FA is traded on Toronto Stock Exchange in Canada. To find out more about CI First Asset contact the company at 877-642-1289.Top Etf Constituents
| LIF | Labrador Iron Ore | Stock | |
| AGI | Alamos Gold | Stock | |
| CFP | Canfor | Stock | |
| LUN | Lundin Mining | Stock | |
| FM | First Quantum Minerals | Stock | |
| BTO | B2Gold Corp | Stock | |
| NTR | Nutrien | Stock | |
| IVN | Ivanhoe Mines | Stock | |
| FNV | Franco Nevada | Stock | |
| ABX | Barrick Gold Corp | Stock | |
| IAG | iA Financial | Stock | |
| SSRM | SSR Mining | Stock | |
| HBM | HudBay Minerals | Stock | |
| WPK | Winpak | Stock | |
| AEM | Agnico Eagle Mines | Stock | |
| SJ | Stella Jones | Stock | |
| PAAS | Pan American Silver | Stock | |
| CG | Centerra Gold | Stock | |
| WPM | Wheaton Precious Metals | Stock | |
| MX | Methanex | Stock | |
| K | Kinross Gold Corp | Stock |
CI First Outstanding Bonds
CI First 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 First Asset 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 MXF bonds can be classified according to their maturity, which is the date when CI First Asset 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 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with CI First
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 First 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 First will appreciate offsetting losses from the drop in the long position's value.Moving together with MXF Etf
Moving against MXF Etf
| 0.52 | HQD | BetaPro NASDAQ 100 | PairCorr |
| 0.43 | PMM | Purpose Multi Strategy | PairCorr |
| 0.31 | XBM | iShares SPTSX Global | PairCorr |
The ability to find closely correlated positions to CI First 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 First 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 First - 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 First Asset to buy it.
The correlation of CI First 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 First moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI First Asset 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 First 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 MXF Etf
CI First financial ratios help investors to determine whether MXF 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 MXF with respect to the benefits of owning CI First security.