CI Gold+ Giants Covered Call ETF T.CGXF.U

Primary Symbol: T.CGXF

The investment objective is to provide holders 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 25 largest issuers measured by market capitalization chosen from the SPTSX Capped Materials Index and iii lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.Each month the Manager will employ a covered call option writing program on approximately and not more than 25% of the securities of each portfolio issuer in order to seek to earn attractive tax effective income from dividends distributions and call option premiums lower the overall volatility of returns associated with owning a portfolio of these securities and to generate capital appreciation.

TSX:CGXF - Post by User

CI Gold+ Giants Covered Call ETF > As soon as we hit POG $1776

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Comment by BlueGuitar1on Nov 04, 2021 7:46pm

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RE:As soon as we hit POG $1776

We have retested $1776 three times now. With interest rates staying put, tapering really slow, and QE still going although at a slower pace, I would expect the POG to reach at least USD$2000 in 2022. Long and strong on CGXF.

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