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CI Global Asset Management
A U.S. equity index fund: 290 stocks, 100% United States, hedged to Canadian dollars, for 0.35% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Broad U.S. equity exposure. This is benchmark-driven single-country exposure rather than a narrow stock pick. It tracks the WisdomTree U.S. MidCap Dividend Index CAD.
Top holding: Best Buy Co Inc 1.4% (broad) · Top sector: Financials 22.8% (broad) · Top region: United States 99.6% (single-country)
Financials 22.8%·Industrials 19.1%·Consumer Discretionary 10.6%·Real Estate 10.1%·Energy 7.3%·Other 7.3%·Other (locked) 22.9%
United States 99.6%·Puerto Rico 0.4%
Source: fund provider disclosure.
The management fee was 0.35% a year, or about $35 for every $10,000 held. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
How durable the fund is, and what moved its price.
| Assets | $7M· net assets |
| Listed | 2017· 8 years of history |
| Leverage / overlay | None |
What moved the price
| Ticker | UMI.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-hedged |
| Asset class | Equity |
| Structure | Physical (holds securities) |
| Theme | Dividend & Income |
| Geography | United States |
| Index tracked | WisdomTree U.S. MidCap Dividend Index CAD |
| Provider | CI Global Asset Management |
| Mgmt fee | 0.35% |
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Prices as of last close.
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