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COMM

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1d
1w
1m

Analysis and statistics

  • Open
    45.7934$
  • Previous Close
    45.8731$
  • 52 Week Change
    --
  • Day Range
    -0.08$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

COMM.TO represents the CI First Asset Canadian REIT ETF, an exchange-traded fund listed on the Toronto Stock Exchange. This ETF aims to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada REIT Index (formerly known as the CIBC Canadian REIT Index), net of expenses. The index is designed to provide exposure to a diversified portfolio of publicly traded real estate investment trusts (REITs) in Canada, weighted equally. As an ETF, COMM.TO offers investors a convenient and liquid way to gain exposure to the Canadian REIT sector.
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Factors

Commodity Prices: COMM.TO's primary function is to track commodity indices, hence changes in underlying commodity prices (oil, gold, agriculture etc.) significantly impact its value.

Supply and Demand: Overall market supply and demand for the ETF itself can affect its price, regardless of commodity price movements, particularly during periods of high trading volume.

Currency Fluctuations: As many commodities are priced in USD, exchange rates (CAD/USD) can influence the CAD-denominated price of COMM.TO.

Interest Rates: Higher interest rates can make holding commodities less attractive, potentially decreasing demand and affecting COMM.TO's value.

Geopolitical Events: Events like wars, political instability, or trade disputes can disrupt commodity supply chains and drastically shift prices, influencing the ETF.

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