CI Tech Giants Covered Call ETF (TXF.TO) TSX
Currency In CAD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In CAD
Address
15 York Street, 2nd Floor
Toronto, ON M5J 0A3
Canada
Phone
1-416-364-1145
Sector
Financial Services
Industry
Asset Management - Income
Employees
N/A
First IPO Date
January 24, 2012
This actively managed ETF aims to provide investors with three primary benefits: 1. Consistent quarterly income distributions. 2. The potential for long-term capital appreciation through an equally-weighted portfolio of at least 25 leading technology companies. These companies are selected based on their market capitalization and are listed on North American stock exchanges. 3. Reduced overall portfolio volatility and more stable returns compared to simply owning these stocks outright, achieved by implementing a strategic covered call option writing program. While market capitalization is the initial criterion for company selection, the Portfolio Manager retains the flexibility to adjust the portfolio's holdings, considering the liquidity of both the underlying equity securities and their corresponding call options.