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CESG

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Analysis and statistics

  • Open
    29.484$
  • Previous Close
    29.484$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

CESG.NEO represents the CIBC ESG Canadian Equity ETF, traded on the NEO Exchange (now known as the Cboe Canada). This exchange-traded fund is designed to track the performance of a broad Canadian equity index while incorporating environmental, social, and governance (ESG) factors into its investment selection process. The fund aims to provide long-term capital appreciation by investing in companies demonstrating strong ESG practices relative to their peers within the Canadian market. It allows investors to gain exposure to Canadian equities with an ESG focus.
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Factors

The output should be short, and simple, and focus on key aspects. Underlying Asset Performance: CESG.NEO's price mirrors the performance of the underlying Canadian securities it tracks. Positive security performance drives the ETF price up, and negative performance drives it down.

Supply and Demand: High demand for CESG.NEO units increases its price, while high supply decreases it.

Interest Rates: Rising interest rates can negatively impact bond values within the ETF, potentially lowering the ETF's price. Conversely, falling rates can increase bond values.

Market Sentiment: Overall investor optimism or pessimism regarding the Canadian economy and market can influence demand for CESG.NEO, affecting its price.

Fund Management Fees: While indirectly affecting price, higher fees can reduce overall returns relative to similar ETFs, making it less attractive and potentially affecting demand.

Inflation: High inflation erodes the real value of fixed-income securities, which can decrease the ETF's price if it holds a significant amount of bonds.

Currency Exchange Rates: Changes in the value of the Canadian dollar relative to other currencies can affect the ETF's attractiveness to foreign investors.

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