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 2024-11-20
$78.1 million
NAVPS
As at 2024-11-20
$31.6010
Market price
As at 2024-11-20
$31.6100
MER (%)
As at 2024-06-30
0.57
Management fee (%) 0.50
Units outstanding
As at 2024-11-20
2,473,791
Asset class Canadian Equity
Currency CAD
CUSIP 125502104
Distribution frequency Quarterly
Last distribution $0.1008

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 2024-10-31

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*
17.08% 1.14% 4.45% 14.45% 28.69% 6.16% 9.26% 8.82% 10.93%
*Since inception date

Distribution history3

Ex-Date Total
2024-09-23 0.1008
2024-06-24 0.1244
2024-03-21 0.0543
2023-12-20 0.1100
2023-09-22 0.0992
Ex-Date Total
2023-06-23 0.1063
2023-03-24 0.0530
2022-12-21 0.0950
2022-09-22 0.0938
2022-06-23 0.0879

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 2024-10-31
Asset allocation (%)
  • Canadian Equity 99.54
  • Income Trust Units 0.25
  • Cash and Equivalents 0.22
  • Other -0.01
Sector allocation (%)
  • Financial Services 18.38
  • Industrial Services 16.93
  • Consumer Services 15.25
  • Consumer Goods 9.71
  • Other 9.60
  • Telecommunications 8.43
  • Basic Materials 6.04
  • Real Estate 5.39
  • Technology 5.22
  • Industrial Goods 5.05
Geographic allocation(%)
  • Canada 94.71
  • Other 5.28
  • United States 0.01
Top holdings
Sector (%)
1. ATKINSREALIS GROUP INC COM NPV Other 5.20%
2. Dollarama Inc Retail 5.16%
3. WSP Global Inc Construction 5.14%
4. National Bank of Canada Banking 5.08%
5. Power Corp of Canada Insurance 5.04%
6. TFI International Inc Transportation 5.01%
7. Alimentation Couche-Tard Inc Retail 4.88%
8. CGI Inc Cl A Information Technology 4.88%
9. Metro Inc Retail 4.82%
10. Gildan Activewear Inc Cl A Consumer Non-durables 4.79%
11. BCE Inc Diversified Telecommunications 4.75%
12. iA Financial Corp Inc Asset Management 4.73%
13. Canadian National Railway Co Transportation 4.72%
14. Bombardier Inc Cl A Aerospace and Defence 3.91%
15. CAE Inc Professional Services 3.46%
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