CI First Asset Canadian Buyback Index ETF (TSX: FBE)

This ETF provides exposure to a portfolio of equities from quality companies with active share buyback programs that have significantly and consistently reduced their outstanding share count. The fund replicates, to the extent possible, the performance of the CIBC Canadian Buyback Index. It uses a proprietary rules-based methodology to select TSX-traded securities that meet minimum market cap and average daily volume thresholds. Securities will be equally weighted and rebalanced quarterly.