18.46
+0.03(+0.16%)
Currency In CAD
Address
Oakville,
Canada
Phone
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 25, 2019
The fund invests in a portfolio of utility companies around the globe. Aside from the usual segments, utilities here also include a broader reach into telecommunications, oil & gas storage, and transportation. The fund selects the top 30 utility companies by market cap from the issuers proprietary investable universe. Then, these selected securities are equally weighted within the fund. To decrease portfolio volatility, the fund will generally write covered call options on up to 33% of the eligible securities. Reconstitution and rebalancing are done on a quarterly basis.