Cboe Canada Welcomes CI Global Asset Management for Launch of Hedged U.S. Equity ETF
TORONTO--(BUSINESS WIRE)--Today, Cboe Canada Inc. (“Cboe Canada”) welcomes CI Global Asset Management (“CI GAM”) for the launch of Hedged Common Units of CI U.S. 500 Index ETF (“CUSA”). CUSA is now trading on Cboe Canada under the ticker CUSA.
“We are excited to expand our suite of Beta ETFs with CUSA on Cboe Canada, providing investors more choice and flexibility with currency-hedged exposure to the U.S. equity markets”
CI U.S. 500 Index ETF provides diversified, hedged exposure to the U.S. market by tracking the performance of the Solactive GBS United States 500 Hedged to CAD Index ("CA NTR"), an index designed to reflect the performance of the largest 500 companies from the U.S. stock market.
“We are excited to expand our suite of Beta ETFs with CUSA on Cboe Canada, providing investors more choice and flexibility with currency-hedged exposure to the U.S. equity markets,” said Jennifer Sinopoli, Executive Vice-President and Head of Distribution at CI GAM.
CUSA is now trading alongside five other CI Global Asset Management ETFs already listed on Cboe Canada. Investors can trade units of all CI GAM ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers.
“We are thrilled to welcome CI GAM back to Cboe Canada once again as they continue to expand their product shelf and bring choice to Canada’s dynamic ETF industry,” added Erik Sloane, Global Head of Corporate Listings at Cboe Global Markets.
Cboe Canada is home to over 250 unique listings, including ETFs from Canada’s largest ETF issuers, Canadian Depositary Receipts (CDRs), and some of the most innovative Canadian and international growth companies. In Canada, Cboe consistently facilitates more than 20% of all volume traded in Canadian ETFs and over 15% of all volume traded in Canadian-listed companies. Click here for a complete view of all Cboe-listed securities.
About Cboe Canada
Cboe Canada is Canada’s Tier 1 stock exchange for the purpose-driven Innovation Economy, providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
Cboe Canada is part of the Cboe Global Markets network, leveraging deep international expertise, industry-leading market intelligence and technology, and unparalleled service to deliver what stakeholders and the world need now, and for the future.
Cboe powers ETF Market Canada, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,200+ Canadian ETFs, free of charge.
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About CI Global Asset Management
CI Global Asset Management (“CI GAM”) is one of Canada’s largest investment management companies. It offers a wide range of investment products and services and is on the Web at www.ci.com. CI GAM is a subsidiary of CI Financial Corp. (TSX: CIX), an integrated global asset and wealth management company with approximately $474.2 billion in assets as at March 31, 2024.
Connect with CI Global Asset Management: Website | LinkedIn | X | YouTube
