CI Morningstar US Momentum Index ETF

TSX TICKER : YXM.B
 

Fund overview

The Fund has been designed to replicate, to the extent possible, the performance of the Morningstar® US Target Momentum IndexTM (the "Index"), net of expenses. The Fund invests in equity securities of the largest and most liquid U.S. issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to U.S 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 October 2013
Total net assets ($CAD)
As at 2023-10-03
$11.6 million
NAVPS
As at 2023-10-03
$27.2767
Market price
As at 2023-10-03
$27.2700
MER (%)
As at 2022-12-31
0.66
Management fee (%) 0.60
Units outstanding
As at 2023-10-03
426,902
Asset class U.S. Equity
Currency CAD
CUSIP 17161P111
Distribution frequency Quarterly
Last distribution $0.0243

Risk rating1

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

Investor suitability

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

Performance2 As at 2023-09-30

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*
8.41% -5.64% -2.03% 5.75% 14.22% 12.18% 6.90% - 11.04%
*Since inception date

Distribution history3

Payable date Total
2023-09-22 0.0243
2023-06-23 0.0601
2022-12-21 0.1000
2022-09-22 0.0544
2022-06-23 0.0137
Payable date Total
2022-03-24 0.0232
2021-12-23 0.1904
2018-01-04 0.0380
2017-01-05 0.0193
2016-01-06 0.0200

Management team

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

CI Morningstar US Momentum Index ETF

TSX TICKER : YXM.B
 
Portfolio allocations4 As at 2023-08-31
Asset allocation (%)
  • US Equity 99.87
  • Cash and Equivalents 0.17
  • Other -0.04
Sector allocation (%)
  • Technology 19.77
  • Consumer Services 13.42
  • Real Estate 12.67
  • Healthcare 11.08
  • Basic Materials 10.01
  • Consumer Goods 8.29
  • Industrial Goods 7.36
  • Energy 7.00
  • Industrial Services 6.73
  • Other 3.67
Geographic allocation(%)
  • United States 99.73
  • Canada 0.31
  • Other -0.04
Top holdings
Sector (%)
1. Super Micro Computer Inc Computer Electronics 3.00%
2. Par Pacific Holdings Inc Integrated Production 2.81%
3. Veritiv Corp Transportation 2.71%
4. Extreme Networks Inc Computer Electronics 2.61%
5. Forestar Group Inc Real Estate Development 2.55%
6. Axcelis Technologies Inc Computer Electronics 2.38%
7. Medpace Holdings Inc Drugs 2.32%
8. Griffon Corp Construction 2.28%
9. Builders FirstSource Inc Construction 2.27%
10. Avis Budget Group Inc Transportation 2.26%
11. Splunk Inc Information Technology 2.22%
12. Allison Transmission Holdings Inc Manufacturing 2.21%
13. Halozyme Therapeutics Inc Drugs 2.21%
14. Commercial Metals Co Metals and Mining 2.21%
15. PulteGroup Inc Construction 2.21%
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