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CI Global Asset Management
About 1.9% recurring income, and over the last 3 years capital grew 6%/yr.
Payout over time
Fund health
This fund sells call options on its holdings to help fund its distribution. That can limit how much upside it keeps when its holdings rise, in exchange for the cash it pays out.
Where the 3-year return came from
3-year annualized, on a shared scale: bars left of the line are negative. Capital appreciation is the fund's own unit-price change; income return is the contribution from distributions being reinvested. The two combine (multiplicatively) to the total return.
How it's taxed
The CRA taxes each distribution dollar by its character. These shares are measured against the full taxable distribution, including any portion the fund reinvested as units rather than paying in cash.
| Character | % of taxable | $ / unit |
|---|---|---|
| Eligible dividends | 5% | $0.0713 |
| Foreign income | 26% | $0.3786 |
| Capital gains | 68% | $1.0014 |
| Return of capital | 1% | $0.0117 |
What Premium adds
Next steps
Prices as of 2026-07-23. Distributions as of 2026-07-15. Tax character year 2025.
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Coverage 2.0×: The fund paid a 6.3% distribution rate against a 12.3% a year total return; the total return was at least the current distribution rate over this window.
Of the 6.3% distribution rate, 1.9 points were classified as recurring income in the latest T3 tax-character split (dividends, interest, foreign income); the rest was capital gains and return of capital.
Why the price moved
No comparable plain-basket twin is mapped for this fund, so a benchmark price comparison is not shown.
Own payout record
Cash distributed per unit, by calendar year, from the fund's own distribution history (up to the last 6 years). "Reduced" marks a year where the cash paid per unit fell more than 5% versus the prior year.
Foreign withholding tax already taken inside the fund: $0.0568 per unit. In a non-registered account, foreign tax reported on the T3 may be claimable as a foreign tax credit, subject to T2209 limits. TFSA and RRSP accounts do not claim that T3 credit.
Based on CI Global Asset Management's 2025 T3 / tax-factor filing. Character can vary year to year. This is not tax advice; consult a tax professional about your situation.
Character mix by year
What you keep, in your account
Each figure below starts from the headline yield of 6.3% and shows an estimate of what you keep after tax. Where you hold the fund changes the answer: a TFSA shelters Canadian tax and can still lose foreign withholding tax when the fund has foreign withholding, a non-registered account taxes each character at its own rate, and an RRSP defers tax until you withdraw.
These figures are estimates at the top ON marginal tax rate, not your personal rate.
Illustrative, not tax advice.