What does CGX mean in TORONTO STOCK EXCHANGE

Cineplex Galaxy Income Fund (CGX) is a mutual fund that invests in securities of Canadian companies focused on the media and entertainment sector. CGX provides investors with exposure to a high-growth industry while offering a source of potential income generation.

Cineplex Galaxy Income Fund is managed by CI Investments, one of Canada’s leading independent investment management firms. CI Investments has more than 50 years of experience managing mutual funds for Canadians.

Investors can purchase units of the fund through their financial advisor, discount broker, or an online platform. Additionally, units can be purchased directly from the fund itself through its website or from its customer service team.

CGX primarily invests in shares of companies engaged in the media and entertainment industry, such as those operating movie theatres and television networks. It also holds investments in other types of assets such as debt instruments and fixed income securities.

Yes, the minimum initial purchase amount required to invest in CGX is $500 CAD or an additional investment amount of $50 CAD. The minimum purchase for subsequent investments is $100 CAD.

Like all mutual funds, there are fees associated with investing in CGX which may include a sales charge and management Expense Ratio (MER). Please consult your advisor or review the fund’s prospectus for more details on fees associated with investing in CGX.

Yes, certain distributions paid by CGX may be eligible for dividend tax credits based on their source distribution categories which could provide some modest tax savings to investors depending on their individual circumstances. Please consult your tax professional for more information on how you might benefit from these taxes savings opportunities.

You may hold units of CGX within any non-registered accounts including but not limited to TFSA, RRSP, RESP and RRIF account types. If you wish to use leverage such as margin accounts when trading units of this fund please note that this option is not available at this time due to regulations around using leverage with mutual funds.

Yes, all investments held within Canadian securities regulated by provincial or federal governments are eligible for protection under respective compensations schemes up to certain limits; however, specific benefits do vary between provinces therefore please review relevant rules before making any decision regarding whether you should hold asset classes within various account types.