Ci Global Resource Fund Quote
| 0P000070I2 | CAD 29.88 0.28 0.93% |
Performance25 of 100
| Odds Of DistressLess than 16
|
CI Global is trading at 29.88 as of the 5th of May 2024, a -0.93 percent down since the beginning of the trading day. The fund's open price was 30.16. CI Global has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for CI Global Resource are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2024 and ending today, the 5th of May 2024. Click here to learn more.
This funds objective is to obtain maximum longterm capital growth. CI Signature is traded on Toronto Stock Exchange in Canada. More on CI Global Resource
Moving together with 0P000070I2 Fund
| 0.67 | 0P0000706A | RBC Select Balanced | PairCorr |
| 0.65 | 0P00007069 | RBC Portefeuille | PairCorr |
| 0.63 | 0P00012UCU | RBC Global Equity | PairCorr |
| 0.83 | 0P00007149 | Mawer dactions inter | PairCorr |
0P000070I2 Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CI Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CI Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Fund Concentration | World Allocation Funds, Commodities Funds, Hybrid Mix Funds, Natural Resources Equity, CI Investments Inc (View all Sectors) |
| Beta In Three Year | 1.03 |
| Startdate | 1st of January 2006 |
CI Global Resource [0P000070I2] is traded in Canada and was established 5th of May 2024. The fund is listed under Natural Resources Equity category and is part of CI Investments Inc family. The entity is thematically classified as World Allocation Funds. CI Global Resource presently has accumulated 71.19 M in total net assets with minimum initial investment of 500. , while the total return for the last 3 years was -12.75%.
Check CI Global Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on 0P000070I2 Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding 0P000070I2 Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as CI Global Resource Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top CI Global Resource Fund Constituents
| AEM | Agnico Eagle Mines | Stock | Materials |
| ERO | Ero Copper Corp | Stock | Materials |
| FM | First Quantum Minerals | Stock | Materials |
| IFP | Interfor Corp | Stock | Materials |
| IVN | Ivanhoe Mines | Stock | Materials |
| SSRM | SSR Mining | Stock | Materials |
| SU | Suncor Energy | Stock | Energy |
CI Global Target Price Odds Analysis
What are CI Global's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of CI Global jumping above the current price in 90 days from now is about 16.74%. The CI Global Resource probability density function shows the probability of CI Global fund to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon CI Global Resource has a beta of -0.4241. This suggests as returns on the benchmark increase, returns on holding CI Global are expected to decrease at a much lower rate. During a bear market, however, CI Global Resource is likely to outperform the market. Additionally, cI Global Resource has an alpha of 0.2436, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of CI Global to move above the current price in 90 days from now is about 16.74 (This CI Global Resource probability density function shows the probability of 0P000070I2 Fund to fall within a particular range of prices over 90 days) .
CI Global Resource Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. CI Global market risk premium is the additional return an investor will receive from holding CI Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CI Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although CI Global's alpha and beta are two of the key measurements used to evaluate CI Global's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7432 | |||
| Semi Deviation | 0.6902 | |||
| Standard Deviation | 0.9461 | |||
| Variance | 0.8951 |
CI Global Against Markets
Picking the right benchmark for CI Global fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CI Global fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CI Global is critical whether you are bullish or bearish towards CI Global Resource at a given time. Please also check how CI Global's historical prices are related to one of the top price index indicators.
| NYA | 0.56 | |||||
| 0P000070I2 | 0.93 |
| Competition | Compare Correlations |
Be your own money manager
Our tools can tell you how much better you can do entering a position in CI Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Volatility Now
Portfolio VolatilityCheck portfolio volatility and analyze historical return density to properly model market risk |
| All Next | Launch Module |
How to buy 0P000070I2 Fund?
Before investing in CI Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CI Global. To buy CI Global fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CI Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase CI Global fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CI Global Resource fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased CI Global Resource fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as CI Global Resource, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in CI Global Resource?
The danger of trading CI Global Resource is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CI Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CI Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CI Global Resource is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CI Global Resource. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.