Musaffa Logo
CI Global Minimum Downside Volatility Index Fund CGDV.B.TO

Is CI Global Minimum Downside Volatility Index Fund ETF Halal?

Shariah Compliance Analysis of CGDV.B.TO ETF

No. As of October 2026, CI Global Minimum Downside Volatility Index Fund (CGDV.B.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CGDV.B.TO was created on 2023-01-24 by CI. The fund's investment portfolio concentrates primarily on total market equity. The fund is a passively managed fund that broadly invests in stocks from developed markets that exhibit lower downside volatility.

CGDV.B.TO Shariah Compliance

As of October 2026, CI Global Minimum Downside Volatility Index Fund is classified as not halal.

NOT HALAL

CI Global Minimum Downside Volatility Index Fund (CGDV.B.TO) Chart

Fetching Price Chart...