CI U.S. & Canada Lifeco Covered Call ETF

The CI U.S. & Canada Lifeco Covered Call ETF is an exchange-traded fund designed to provide investors with exposure to major life insurance companies across the United States and Canada, while generating additional income through a covered call strategy. This ETF focuses on major players in the financial services sector, specifically within the life insurance industry, which includes companies known for offering life insurance, retirement savings plans, and wealth management services. The covered call strategy employed by the ETF aims to enhance income by writing call options on the underlying holdings, creating a potential additional return from option premiums. By targeting both U.S. and Canadian markets, this ETF offers a diversified approach in the North American financial landscape, catering to those interested in stable sectors with an income-driven investment strategy. As part of the broader financial market, it holds significance for investors seeking to balance growth potential with income generation in a major industry segment.