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CI U.S. Minimum Downside Volatility Index ETF Trust Units -Unhedged- CUDV.B.TO

Is CI U.S. Minimum Downside Volatility Index ETF Trust Units -Unhedged- Halal?

Shariah Compliance Analysis of CUDV.B.TO ETF

No. As of October 2026, CI U.S. Minimum Downside Volatility Index ETF Trust Units -Unhedged- (CUDV.B.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CUDV.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 US stocks that exhibit lower downside volatility.

CUDV.B.TO Shariah Compliance

As of October 2026, CI U.S. Minimum Downside Volatility Index ETF Trust Units -Unhedged- is classified as not halal.

NOT HALAL

CI U.S. Minimum Downside Volatility Index ETF Trust Units -Unhedged- (CUDV.B.TO) Chart

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