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CI First Asset CanBanc Income Class ETF (TSX: CIC)
TSX:CIC (CI First Asset CanBanc Income Class ETF)
The Fund offers investors a way to participate in high quality, blue chip stocks by replicating, to the extent possible, the MSCI Canada Quality Index (the Index). The ETFs investment objectives are to provide Shareholders with (i) quarterly distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would be experienced by owning a portfolio of common shares of the Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto Dominion Bank directly.