Key stats
About CIBC ASSET MANAGEMENT INC. GLOBAL GROWTH ETF UNIT
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Inception date
Jul 27, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
CIBC Asset Management, Inc.
The fund as part of CIBCs Active Equity suite, aims for long-term capital growth by investing primarily in the Renaissance Global Growth Fund. The actively managed, concentrated fund holds approximately 40 to 60 global large- and mid-cap stocks exhibiting growth characteristics. Constituents are selected using a proprietary bottom-up analysis that gives emphasis on above-average earnings growth rate, along with growth prospects on profit margin, products or services, market shares, underlying industry, and stock market returns. The fund may invest in any sector and industry group without bias. CGLOs growth take on the global equity market makes it a great complement to CINT, which on the other hand focuses on global ex-US growth stocks.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
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Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund99.86%
Cash0.14%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CGLO last dividends amounted to 0.08 CAD. The year before, the issuer paid 0.10 CAD in dividends, which shows a 17.86% decrease.
CGLO assets under management is 122.22 M CAD. It's risen 9.70% over the last month.
CGLO fund flows account for 18.36 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CGLO pays dividends to its holders with the dividend yield of 0.28%. The last dividend (Jan 6, 2025) amounted to 0.08 CAD. The dividends are paid annually.
CGLO shares are issued by Canadian Imperial Bank of Commerce under the brand CIBC. The ETF was launched on Jul 27, 2020, and its management style is Active.
CGLO expense ratio is 0.90% meaning you'd have to pay 0.90% of your investment to help manage the fund.
CGLO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CGLO invests in funds.
CGLO price has risen by 2.54% over the last month, and its yearly performance shows a 4.53% increase. See more dynamics on CGLO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.03% over the last month, showed a 12.06% increase in three-month performance and has increased by 4.27% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.03% over the last month, showed a 12.06% increase in three-month performance and has increased by 4.27% in a year.
CGLO trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.