Key stats
About CL GOLD BULLION FUND ETF CAD DOLLAR HEDGED SERIES UNITS
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Inception date
Jan 6, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Capitalizes
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
The fund, like other physically backed gold ETFs, provides an efficient way for Canadian investors to obtain exposure to gold through an ETF. The fund invests directly in physical gold stored in a London vault under the custody of JPMorgan Chase Bank, NA. Structured as a grantor trust, the fund prevents trustees from lending the underlying gold. Since VALT holds physical gold bars, investors can expect the fund to track the price of spot gold closely. As the currency-hedged version, any USD currency exposure will be hedged back to the Canadian dollar using derivatives, including currency forward contracts. A CAD-unhedged (VALT.B) version and a USD-unhedged version (VALT.U) are also available.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous99.97%
Cash0.03%
Top 10 holdings
Symbol
Assets
E
EQUITY OTHER
100.00%
C
Canadian Dollar
0.03%
D
DERIVATIVE SECURITIES (OTHER)
−0.03%
Top 10 weight100.00%
3 total holdings