CGXF vs. FXM ETF Comparison
Comparison of CI First Asset Gold+ Covered Call ETF Common (CGXF) to First Asset Morningstar Canada Value Index ETF (FXM)
CGXF
CI First Asset Gold+ Covered Call ETF Common
CGXF Description
The Fund’s investment objective is to provide unitholders, through an actively managed portfolio, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 15 largest Gold and Precious Metals Companies measured by market capitalization listed on a North American stock exchange that have liquid options markets and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.
Grade (RS Rating)
Last Trade
$10.42
Average Daily Volume
22,059
7
FXM
First Asset Morningstar Canada Value Index ETF
FXM Description
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Value Index™ , net of expenses. The ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which are considered to be “good value” based on characteristics like low price to earnings and low price to cash flow ratios.Grade (RS Rating)
Last Trade
$22.83
Average Daily Volume
2,047
9
Performance
| Period | CGXF | FXM |
|---|---|---|
| 30 Days | 1.07% | 4.15% |
| 60 Days | -0.95% | 3.26% |
| 90 Days | 6.10% | 3.78% |
| 12 Months | 8.93% | 10.98% |
CGXF: Top Represented Industries & Keywords
FXM: Top Represented Industries & Keywords
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