Table of Contents
What is CI HD20 (C20) ?
CI HD20 (C20) is a mutual fund that invests in stocks that are known for distributing cash dividends.
The fund focuses on companies that have:
- high dividend yields
- relatively stable cash distributions
- solid financial standing
- the potential to continue generating positive cash flows
What does dividend yield mean?
Dividend yield is a way to measure how much cash income a stock may generate through dividends compared to its price.
What does CI HD20 (C20) invest in?
The fund aims to select 20 stocks with attractive dividend yields and stable financial standing, while diversifying across different sectors.
Main investment guidelines
- Equity (stocks): Minimum of 40% and Maximum of 95% of the fund.
- Per stock exposure: Maximum 15% of the fund can be invested in a single stock.
- T-bills and bonds: Maximum of 60% of the fund.
- Cash: Maximum 10% of the fund.
You can find the detailed investment guidelines and limits in the fund prospectus here
How do I place my order?
- Open the Thndr app and tap on Explore.
- Search for “CI HD20 (C20)” or “CI20”
- Tap on the fund.
- Tap on Buy and enter the amount you want to invest. (minimum 2 certificates)
Buying & selling
If you place your order before 12 PM:
Your order is sent the same day and executed the next day at the updated certificate price.
If you place your order after 12 PM:
Your order is sent the next business day and executed the day after that.
Fees
Standard Transaction fees apply on every buy and sell order
Fund management fees are calculated in the certificate price & not charged when buying or selling certificates. You can view the full list of fund management fees in the fund’s prospectus.
Who manages CI HD20 (C20)?
CI HD20 (C20) is established and managed by CI Asset Management.
What are the risks?
Some of the main risks include:
- Market risk – Stock prices may rise or fall due to economic, political, or market changes.
- Dividend risk – A company may reduce, delay, or stop its dividend distributions, which may affect the fund’s income.
- Liquidity risk – Some stocks may become harder to trade in certain market conditions.
The stock market is also subject to economic and political risks.
For a detailed overview of risk factors please visit the fund prospectus here.
