CI Morningstar International Value Index ETF

TSX TICKER : VXM
 

Fund overview

The Fund has been designed to replicate, to the extent possible, the performance of the Morningstar® Developed Markets ex-North America Target Value IndexTM (the "Index"), net of expenses. The Fund invests in equity securities of the largest and most liquid issuers from countries classified by Morningstar as developed markets, excluding the U.S. and Canada, based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to issuers from developed markets, excluding the U.S. and Canada, which are considered to be "good value" based on characteristics like low price to earnings and low price to cash flow ratios. 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 November 2014
Total net assets ($CAD)
As at 2024-11-20
$14.8 million
NAVPS
As at 2024-11-20
$33.3848
Market price
As at 2024-11-20
$33.3600
MER (%)
As at 2024-06-30
0.67
Management fee (%) 0.60
Units outstanding
As at 2024-11-20
443,952
Asset class International Equity
Currency CAD Hedged
CUSIP 12555N103
Distribution frequency Quarterly
Last distribution $0.1761

Risk rating1

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

Investor suitability

For those who:
  • want international equity exposure
  • want to receive regular quarterly cash flows (if any)
  • can tolerate medium to high 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*
14.43% -1.14% -1.44% 0.07% 21.79% 13.40% 9.35% - 7.73%
*Since inception date

Distribution history3

Ex-Date Total
2024-09-23 0.1761
2024-06-24 0.6033
2024-03-21 0.0654
2023-12-20 0.2200
2023-09-22 0.1743
Ex-Date Total
2023-06-23 0.5663
2023-03-24 0.0359
2022-12-21 0.1650
2022-09-22 0.1622
2022-06-23 0.4224

Management team

First we'll display the Team Company and then the Team members
CI Global Asset Management ETF

CI Morningstar International Value Index ETF

TSX TICKER : VXM
 
Portfolio allocations4 As at 2024-10-31
Asset allocation (%)
  • International Equity 99.55
  • Cash and Equivalents 0.44
  • Other 0.01
Sector allocation (%)
  • Consumer Goods 17.78
  • Financial Services 15.00
  • Industrial Services 12.71
  • Basic Materials 10.81
  • Utilities 9.71
  • Industrial Goods 7.70
  • Other 7.49
  • Energy 6.66
  • Consumer Services 6.53
  • Telecommunications 5.61
Geographic allocation(%)
  • Japan 38.97
  • Other 17.71
  • France 7.12
  • United Kingdom 6.98
  • Italy 6.64
  • Germany 6.58
  • Spain 5.10
  • Bermuda 4.77
  • Poland 3.25
  • Austria 2.88
Top holdings
Sector (%)
1. Aker Solutions ASA Energy Services and Equipment 0.65%
2. TI Fluid Systems PLC Automotive 0.64%
3. Yue Yuen Industrial (Holdings) Ltd Consumer Non-durables 0.63%
4. Societe Generale SA Banking 0.60%
5. Unipol Gruppo SpA Insurance 0.60%
6. Modec Inc Energy Services and Equipment 0.60%
7. NWS Holdings Ltd Construction 0.59%
8. Johnson Electric Holdings Ltd Manufacturing 0.59%
9. BPER Banca SpA Banking 0.58%
10. Mapfre SA Insurance 0.58%
11. Harel Insurance Invsmts Fcnl Srvcs Ltd Insurance 0.57%
12. Ferrotec Holdings Corp Computer Electronics 0.57%
13. Banco Comercial Portugues SA Banking 0.57%
14. Kion Group AG Manufacturing 0.56%
15. Israel Discount Bank Ltd Banking 0.56%
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.