Shares of CI Canadian Convertible Bond ETF Common ( TSE:CXF – Get Free Report ) rose 0.7% on Friday . The stock traded as high as C$10.82 and last traded at C$10.78. 624 shares were traded during trading, a decline of 93% from the average daily volume of 8,912 shares. The stock had previously closed at C$10.70.
CI Canadian Convertible Bond ETF Common Stock Performance The company has a 50-day moving average of C$10.88 and a 200-day moving average of C$10.69.
CI Canadian Convertible Bond ETF Common Company Profile ( Get Free Report )
The investment objectives of First Asset Canadian Convertible Bond ETF are to provide holders with (i) quarterly cash distributions, and (ii) the opportunity for capital appreciation by investing on a capitalization weighted basis in a portfolio (the Convertible Portfolio) of Convertible Bonds of Canadian issuers. The Convertible ETF will invest on a capitalization weighted basis in Convertible Bonds which meet the Eligibility Criteria. Capitalization weightings are determined on the basis of a Convertible Bonds relative market capitalization to the total market capitalization of Convertible Bonds included in the Convertible Portfolio, on initial invest...