All-Canadian Oil & Gas ETF
COIL
Ticker
$10.0308
NAV: as at 29/04/2026
High
Risk
Quarterly
Distributions
4% per annum
Targeted Yield
March 23, 2026
Inception Date
Overview
• Canadian oil & gas companies operating, listed and based in Canada
• Mid-Cap stock focus
• All sub-sectors of oil & gas industry are eligible, not just producers
Fund Objectives
The ALL-CANADIAN Oil & Gas (COIL) is an actively managed ETF providing exposure to the Canadian Mid-Cap oil & gas sector. The ETF’s primary objective are to provide quarterly cash distributions and the opportunity for capital appreciation.
Investment Philosophy
The Manager believes that institutional investors, both domestic and international, tend to focus on the largest and most liquid Canadian oil and gas companies. Historically, these issuers have traded at higher valuation multiples than the mid-cap segment immediately below them. The ETF focuses on this mid-cap tier, while retaining the flexibility to hold large-cap positions when appropriate.
Fund Strategy
• Focus on publicly listed Canadian oil and gas companies across production, exploration, development, transportation, and related energy-service businesses.
• Emphasis on mid-cap issuers that have historically attracted less institutional attention and may trade at lower valuation multiples than large-cap peers.
• Active management informed by company fundamentals, sector dynamics, and prevailing market conditions.
• Ability to write covered calls on certain holdings, which may provide additional premium income when market conditions allow.
• Flexibility to use short positions or employ leverage to manage risk or express relative-value views.
Performance
Investment regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Fund Facts
Ticker:
COIL (for ‘Canadian Oil’)
Fund Category:
Liquid Alternative
Fund Type:
Energy Equity
Risk Rating:
High
Distributions:
Quarterly
Performance Fee:
20% above 4% hurdle rate per annum
Management Fee:
1.0%
Highwater Mark:
Yes
Minimum Initial Investment:
No minimum
Minimum Subsequent Investment:
No minimum
Subscriptions:
Daily
Redemptions:
Daily
Valuation:
Daily
CUSIP:
0169161084
ISIN:
CA0169161084
Important Alternative Fund Disclosures
The ALL-CANADIAN Oil & Gas ETF is an “alternative mutual fund” as defined in National Instrument 81-102. As an alternative mutual fund, COIL is permitted to use investment strategies that are generally prohibited for conventional mutual funds. These include the ability to:
• Invest more than 10% of its Net Asset Value (NAV) in a single issuer.
• Borrow cash and sell securities short beyond conventional limits.
• Employ leverage up to a maximum aggregate exposure of approximately 33% of NAV (excluding covered call options).