CI Morningstar Canada Momentum Index ETF

TSX TICKER : WXM
 

Fund overview

The Fund has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Momentum IndexTM (the "Index"), net of expenses. The Fund invests in equity securities of the largest and most liquid Canadian public issuers based upon proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which have demonstrated, among other things, positive momentum in earnings and price. 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 2024-04-24
$554.0 million
NAVPS
As at 2024-04-24
$26.2217
Market price
As at 2024-04-24
$26.2200
MER (%)
As at 2023-12-31
0.66
Management fee (%) 0.60
Units outstanding
As at 2024-04-24
21,129,315
Asset class Canadian Equity
Currency CAD
CUSIP 12554M106
Distribution frequency Quarterly
Last distribution $0.0600

Risk rating1

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

Investor suitability

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

Performance2 As at 2024-03-31

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*
8.27% 2.29% 8.27% 14.62% 6.91% 8.27% 10.24% 7.95% 9.89%
*Since inception date

Distribution history3

Payable date Total
2024-03-21 0.0600
2023-12-20 0.1100
2023-09-22 0.0436
2023-06-23 0.0805
2023-03-24 0.1037
Payable date Total
2022-12-21 0.1550
2022-09-22 0.3034
2022-03-24 0.0810
2021-12-23 0.0719
2021-09-23 0.0719

Management team

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

CI Morningstar Canada Momentum Index ETF

TSX TICKER : WXM
 
Portfolio allocations4 As at 2024-03-31
Asset allocation (%)
  • Canadian Equity 96.42
  • Income Trust Units 3.36
  • Cash and Equivalents 0.21
  • Other 0.01
Sector allocation (%)
  • Consumer Services 22.64
  • Energy 17.03
  • Financial Services 16.83
  • Real Estate 9.93
  • Technology 9.48
  • Basic Materials 6.82
  • Industrial Services 6.73
  • Consumer Goods 3.60
  • Industrial Goods 3.50
  • Other 3.44
Geographic allocation(%)
  • Canada 99.99
  • Other 0.01
Top holdings
Sector (%)
1. Ivanhoe Mines Ltd Cl A Metals and Mining 3.67%
2. Gildan Activewear Inc Cl A Consumer Non-durables 3.60%
3. MEG Energy Corp Oil and Gas Production 3.58%
4. National Bank of Canada Banking 3.51%
5. Toromont Industries Ltd Manufacturing 3.50%
6. Manulife Financial Corp Insurance 3.48%
7. TMX Group Ltd Asset Management 3.44%
8. ARC Resources Ltd Oil and Gas Production 3.42%
9. Canadian National Railway Co Transportation 3.41%
10. Gibson Energy Inc Integrated Production 3.38%
11. Boardwalk REIT - Units Real Estate Investment Trust 3.36%
12. George Weston Ltd Retail 3.34%
13. Dollarama Inc Retail 3.33%
14. Loblaw Cos Ltd Retail 3.33%
15. TC Energy Corp Energy Services and Equipment 3.33%
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