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 2026-08-13
$96.6 million
NAVPS
As at 2026-08-13
$42.5237
Market price
As at 2026-08-13
$42.4900
MER (%)
As at 2025-12-31
0.57
Management fee (%) 0.50
Units outstanding
As at 2026-08-13
2,273,791
Asset class Canadian Equity
Currency CAD
CUSIP 125502104
Distribution frequency Quarterly
Last distribution $0.0974

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 2026-07-31

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*
7.51% 1.28% 4.90% 8.12% 22.76% 16.67% 10.27% 10.37% 11.87%
*Since inception date

Distribution history3

Ex-Date Total
2026-06-24 0.0974
2026-03-25 0.0968
2025-12-23 0.1055
2025-09-23 0.1094
2025-06-24 0.1463
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

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 2026-07-31
Asset allocation (%)
  • Canadian Equity 99.68
  • Income Trust Units 0.21
  • Cash and Equivalents 0.11
Sector allocation (%)
  • Financial Services 17.81
  • Consumer Services 15.65
  • Industrial Services 15.32
  • Consumer Goods 9.81
  • Basic Materials 9.78
  • Real Estate 9.29
  • Telecommunications 8.11
  • Industrial Goods 5.99
  • Technology 5.56
  • Other 2.68
Geographic allocation(%)
  • Canada 99.61
  • Other 0.39
Top holdings6
Sector (%)
1. iA Financial Corp Inc Asset Management 5.69%
2. Power Corp of Canada Insurance 5.58%
3. Bombardier Inc Cl A Aerospace and Defence 5.39%
4. National Bank of Canada Banking 5.39%
5. Alimentation Couche-Tard Inc Retail 5.39%
6. CGI Inc Cl A Information Technology 5.34%
7. Dollarama Inc Retail 5.18%
8. Canadian National Railway Co Transportation 5.10%
9. Metro Inc Retail 4.87%
10. Gildan Activewear Inc Cl A Consumer Non-durables 4.68%
11. Atkinsrealis Group Inc Construction 4.55%
12. WSP Global Inc Construction 4.53%
13. BCE Inc Diversified Telecommunications 4.35%
14. TFI International Inc Transportation 4.01%
15. CAE Inc Professional Services 3.72%
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