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 2024-07-16
$72.9 million
NAVPS
As at 2024-07-16
$29.5081
Market price
As at 2024-07-16
$29.5000
MER (%)
As at 2023-12-31
0.57
Management fee (%) 0.50
Units outstanding
As at 2024-07-16
2,473,791
Asset class Canadian Equity
Currency CAD
CUSIP 125502104
Distribution frequency Quarterly
Last distribution $0.1244

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 2024-06-30

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*
6.61% 0.46% 0.78% 6.61% 8.13% 4.23% 7.35% 8.41% 10.41%
*Since inception date

Distribution history3

Payable date Total
2024-06-24 0.1244
2024-03-21 0.0543
2023-12-20 0.1100
2023-09-22 0.0992
2023-06-23 0.1063
Payable date Total
2023-03-24 0.0530
2022-12-21 0.0950
2022-09-22 0.0938
2022-06-23 0.0879
2022-03-24 0.0829

Management team

First we'll display the Team Company and then the Team members
Lijon Geeverghese

CI Morningstar National Bank Québec Index ETF

TSX TICKER : QXM
 
Portfolio allocations4 As at 2024-06-30
Asset allocation (%)
  • Canadian Equity 99.66
  • Income Trust Units 0.24
  • Cash and Equivalents 0.08
  • Other 0.02
Sector allocation (%)
  • Financial Services 17.35
  • Industrial Services 16.85
  • Consumer Services 16.85
  • Consumer Goods 10.59
  • Other 9.30
  • Telecommunications 8.13
  • Basic Materials 5.98
  • Real Estate 5.25
  • Technology 5.01
  • Industrial Goods 4.69
Geographic allocation(%)
  • Canada 94.90
  • Other 5.10
Top holdings
Sector (%)
1. Dollarama Inc Retail 6.10%
2. Metro Inc Retail 5.22%
3. ATKINSREALIS GROUP INC COM NPV Other 5.08%
4. Alimentation Couche-Tard Inc Retail 5.04%
5. WSP Global Inc Construction 5.01%
6. Power Corp of Canada Insurance 4.96%
7. BCE Inc Diversified Telecommunications 4.86%
8. National Bank of Canada Banking 4.71%
9. CGI Inc Cl A Information Technology 4.57%
10. TFI International Inc Transportation 4.54%
11. Canadian National Railway Co Transportation 4.48%
12. Gildan Activewear Inc Cl A Consumer Non-durables 4.18%
13. iA Financial Corp Inc Asset Management 4.16%
14. CAE Inc Professional Services 3.96%
15. Saputo Inc Food, Beverage and Tobacco 3.69%
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.