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CNDD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    18.1877$
  • Previous Close
    17.8327$
  • 52 Week Change
    --
  • Day Range
    0.36$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

CNDD.TO represents the CI Galaxy Bitcoin ETF, a Canadian exchange-traded fund (ETF) that aims to provide investors with exposure to Bitcoin by investing directly in the cryptocurrency. It seeks to track the performance of Bitcoin by holding Bitcoin. The ETF is denominated in Canadian dollars and trades on the Toronto Stock Exchange (TSX).
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Factors

Asset Performance: The performance of the underlying Canadian dividend-paying stocks held within the CNDD.TO ETF directly impacts its price.

Dividend Yields: Changes in dividend yields of the constituent stocks influence the ETF's attractiveness and price.

Interest Rates: Rising interest rates can make bonds more appealing, potentially reducing demand and price of CNDD.TO.

Market Sentiment: Overall investor sentiment toward Canadian equities and dividend stocks affects demand and price.

Management Fees: The ETF's expense ratio can slightly affect returns and, therefore, its relative price.

Economic Conditions: Canada's economic growth, inflation, and unemployment can influence the performance of dividend stocks and CNDD.TO's price.

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