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CI Investment Grade Bond ETF (TSX:FIG) Selling, General, & Admin. Expense : C$0.22 Mil (TTM As of Dec. 2015)


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What is CI Investment Grade Bond ETF Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. CI Investment Grade Bond ETF's selling, general, & admin. expense for the six months ended in Dec. 2015 was C$0.07 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2015 was C$0.22 Mil.


CI Investment Grade Bond ETF Selling, General, & Admin. Expense Historical Data

The historical data trend for CI Investment Grade Bond ETF's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CI Investment Grade Bond ETF Selling, General, & Admin. Expense Chart

CI Investment Grade Bond ETF Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 0.94 0.95 0.16 0.33 0.22

CI Investment Grade Bond ETF Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.36 0.09 0.24 0.16 0.07

Competitive Comparison of CI Investment Grade Bond ETF's Selling, General, & Admin. Expense

For the Asset Management subindustry, CI Investment Grade Bond ETF's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CI Investment Grade Bond ETF's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CI Investment Grade Bond ETF's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where CI Investment Grade Bond ETF's Selling, General, & Admin. Expense falls into.



CI Investment Grade Bond ETF Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.22 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CI Investment Grade Bond ETF  (TSX:FIG) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


CI Investment Grade Bond ETF Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of CI Investment Grade Bond ETF's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


CI Investment Grade Bond ETF (TSX:FIG) Business Description

Traded in Other Exchanges
N/A
Address
Marret Investment Grade Bond Fund is a closed-end investment fund. Its investment objective is to provide holders of units with attractive monthly tax advantaged cash distributions and to maximize the total return for unitholders.

CI Investment Grade Bond ETF (TSX:FIG) Headlines

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