CI Morningstar National Bank Québec Index ETF

TSX TICKER : QXM
 

Fund overview

The Fund has been designed to replicate, to the extent possible, the performance of the Morningstar® National Bank Québec IndexTM (the "Index"), net of expenses. The Fund invests in equity securities of equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Québec.The investment strategy of the Fund is to invest in and hold the constituent securities of the Index.

Fund details

description of elementelement value
Inception date February 2012
Total net assets ($CAD)
As at 2025-04-02
$74.7 million
NAVPS
As at 2025-04-02
$30.2079
Market price
As at 2025-04-02
$30.1600
MER (%)
As at 2024-06-30
0.57
Management fee (%) 0.50
Units outstanding
As at 2025-04-02
2,473,791
Asset class Canadian Equity
Currency CAD
CUSIP 125502104
Distribution frequency Quarterly
Last distribution $0.0867

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

Investor suitability

For those who:
  • want Canadian equity exposure to companies headquartered in Quebec
  • want to receive regular quarterly cash flows (if any)
  • can tolerate medium risk

Performance2 As at 2025-03-31

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
-5.53% -2.78% -5.53% -2.26% 6.97% 6.00% 14.19% 7.10% 10.29%
*Since inception date

Distribution history3

Ex-Date Total
2025-03-25 0.0867
2024-12-23 0.1200
2024-09-23 0.1008
2024-06-24 0.1244
2024-03-21 0.0543
Ex-Date Total
2023-12-20 0.1100
2023-09-22 0.0992
2023-06-23 0.1063
2023-03-24 0.0530
2022-12-21 0.0950

Management team

First we'll display the Team Company and then the Team members
CI Global Asset Management ETF

CI Morningstar National Bank Québec Index ETF

TSX TICKER : QXM
 
Portfolio allocations4 As at 2025-02-28
Asset allocation (%)
  • Canadian Equity 99.68
  • Income Trust Units 0.24
  • Cash and Equivalents 0.07
  • Other 0.01
Sector allocation (%)
  • Financial Services 18.77
  • Industrial Services 16.87
  • Consumer Services 16.56
  • Real Estate 11.48
  • Consumer Goods 10.38
  • Telecommunications 7.24
  • Basic Materials 5.42
  • Technology 5.26
  • Other 4.14
  • Industrial Goods 3.88
Geographic allocation(%)
  • Canada 99.99
  • Other 0.01
Top holdings
Sector (%)
1. iA Financial Corp Inc Asset Management 5.78%
2. Atkinsrealis Group Inc Construction 5.78%
3. Power Corp of Canada Insurance 5.75%
4. Metro Inc Retail 5.71%
5. Gildan Activewear Inc Cl A Consumer Non-durables 5.62%
6. Dollarama Inc Retail 5.50%
7. WSP Global Inc Construction 5.46%
8. National Bank of Canada Banking 5.32%
9. CAE Inc Professional Services 5.08%
10. Alimentation Couche-Tard Inc Retail 4.95%
11. CGI Inc Cl A Information Technology 4.85%
12. Canadian National Railway Co Transportation 4.71%
13. BCE Inc Diversified Telecommunications 3.62%
14. TFI International Inc Transportation 3.61%
15. Bombardier Inc Cl A Aerospace and Defence 3.27%
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