CI Health Care Giants Covered Call ETF (FHI.TO)
Company overview
This exchange-traded fund (ETF) aims to provide its investors with three main benefits: consistent income through regular distributions, the potential for capital appreciation, and reduced overall portfolio volatility. It achieves these goals by actively managing an equally-weighted portfolio of equity securities from at least the twenty largest North American-listed healthcare companies, identified by their market capitalization. To help lower fluctuations in returns compared to direct ownership, the fund implements a covered call option writing program. The Portfolio Manager retains the discretion to adjust the selection of issuers within the portfolio, moving beyond initial market capitalization criteria, based on their evaluation of the liquidity of both the companies' equity securities and their related call options.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
CI Health Care Giants Covered Call ETF (FHI.TO)
No price history available.
This exchange-traded fund (ETF) aims to provide its investors with three main benefits: consistent income through regular distributions, the potential for capital appreciation, and reduced overall portfolio volatility. It achieves these goals by actively managing an equally-weighted portfolio of equity securities from at least the twenty largest North American-listed healthcare companies, identified by their market capitalization. To help lower fluctuations in returns compared to direct ownership, the fund implements a covered call option writing program. The Portfolio Manager retains the discretion to adjust the selection of issuers within the portfolio, moving beyond initial market capitalization criteria, based on their evaluation of the liquidity of both the companies' equity securities and their related call options.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free