Question 1

What is CIC?

Accepted Answer

CIC — CI Canadian Banks Covered Call Income Class ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the CIC ETF price today?

Accepted Answer

CIC last traded at $18.06 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the CIC MER (management expense ratio)?

Accepted Answer

CIC has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, CIC is considered a low-cost ETF.

Question 4

What are CIC annualised returns?

Accepted Answer

CIC historical returns: YTD: +16.52%, 1-year: +45.22%, 3-year annualised: +29.10%, 5-year annualised: +15.01%, 10-year annualised: +13.11%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.57, which measures risk-adjusted return.

Question 5

Does CIC pay dividends or distributions?

Accepted Answer

Yes, CIC distributes income to unitholders. The current distribution yield is approximately 4.93%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does CIC invest in?

Accepted Answer

CIC's top holdings include Canadian Imperial Bank Of Commerce (CM, 17.0%), Bank of Montreal (BMO, 16.9%), National Bank of Canada (NA, 16.8%), Royal Bank of Canada (RY, 16.8%), Bank of Nova Scotia (BNS, 16.1%) — and 1 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Fin Svc GR CAD.

Question 7

What sectors does CIC invest in?

Accepted Answer

CIC's largest sector exposures are Financial Services (100.0%), Basic Materials (0.0%), Consumer Cyclicals (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is CIC? (Assets under management)

Accepted Answer

CIC has approximately $333M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was CIC launched?

Accepted Answer

CIC was launched on August 18, 2010, giving it a 16-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy CIC in Canada?

Accepted Answer

CIC trades on the TSX under the ticker CIC. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is CIC?

Accepted Answer

CIC has a 1-year volatility of 13.08% and a beta of 0.94 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.57 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-08-20	$18.33	$18.33	$18.06	$18.06	$18.06	9,372
2026-08-19	$18.82	$18.82	$18.46	$18.46	$18.46	14,811
2026-08-18	$19.30	$19.31	$18.96	$19.06	$19.06	8,216
2026-08-17	$19.47	$19.50	$19.39	$19.39	$19.39	12,819
2026-08-14	$19.30	$19.37	$19.28	$19.37	$19.37	13,393
2026-08-13	$19.21	$19.34	$19.21	$19.30	$19.30	4,779
2026-08-12	$18.94	$19.22	$18.94	$19.22	$19.22	2,847
2026-08-11	$19.07	$19.07	$18.89	$18.89	$18.89	14,776
2026-08-10	$18.97	$19.08	$18.94	$18.94	$18.94	16,482
2026-08-07	$19.00	$19.00	$18.81	$18.94	$18.94	53,517

Sector	Weight
Financial Services	100.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

Ticker	Name	Price	1D
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COIU		$4.79	+15.98%
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XRPP-B	Purpose Investments Inc - Purpose XRP ETF	$5.64	+15.57%
XRPQ		$7.66	+15.36%
XRPP		$5.38	+15.34%
MSTU		$4.76	+15.25%

CIBC Investor's Edge

CI Canadian Banks Covered Call Income Class ETF (CIC : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About CI Canadian Banks Covered Call Income Class ETF

ETF Details

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Frequently Asked Questions — CIC