CI Tech Giants Covered Call ETF

The fund seeks quarterly cash distributions and capital growth by actively selecting large-cap technology companies listed on a North American stock exchange. It includes firms classified in any of the following GICS sector and sub-industry groups: Information Technology, Internet & Direct Marketing Retail, Interactive Home Entertainment and Interactive Media & Services. The fund holds a concentrated portfolio of at least 25 companies selected by market-cap, however, adjustments can be made based on the fund advisers view on the firms liquidity and their related call options. Holdings are typically equal-weighted, but due to its active approach, weightings may deviate significantly. In an effort to lower the overall volatility, the fund employs a covered call option strategy on approximately 25% of the portfolio. Rebalancing usually occurs quarterly, subject to fund advisers discretion. Prior to April, 22, 2021, the fund was named CI First Asset Tech Giants Covered Call ETF.