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 2024-03-27
$16.4 million
NAVPS
As at 2024-03-27
$32.9129
Market price
As at 2024-03-27
$32.9600
MER (%)
As at 2023-06-30
0.67
Management fee (%) 0.60
Units outstanding
As at 2024-03-27
498,952
Asset class International Equity
Currency CAD Hedged
CUSIP 12555N103
Distribution frequency Quarterly
Last distribution $0.0654

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 2024-02-29

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*
6.04% 2.33% 7.64% 10.75% 19.85% 15.35% 8.17% - 7.42%
*Since inception date

Distribution history3

Payable date Total
2024-03-21 0.0654
2023-12-20 0.2200
2023-09-22 0.1743
2023-06-23 0.5663
2023-03-24 0.0359
Payable date Total
2022-12-21 0.1650
2022-09-22 0.1622
2022-06-23 0.4224
2022-03-24 0.1225
2021-12-23 0.1400

Management team

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

CI Morningstar International Value Index ETF

TSX TICKER : VXM
 
Portfolio allocations4 As at 2024-02-29
Asset allocation (%)
  • International Equity 99.80
  • Cash and Equivalents 0.23
  • Other -0.03
Sector allocation (%)
  • Consumer Goods 18.68
  • Financial Services 16.99
  • Industrial Services 13.93
  • Basic Materials 8.37
  • Other 8.03
  • Industrial Goods 7.61
  • Energy 7.23
  • Utilities 6.56
  • Telecommunications 6.47
  • Consumer Services 6.13
Geographic allocation(%)
  • Japan 41.48
  • Other 16.58
  • Italy 9.02
  • Germany 6.30
  • United Kingdom 5.82
  • France 5.46
  • Bermuda 4.52
  • Spain 3.80
  • Austria 3.72
  • Netherlands 3.30
Top holdings
Sector (%)
1. Fujikura Ltd Computer Electronics 0.77%
2. Iveco Group NV Automotive 0.68%
3. Unipol Gruppo SpA Insurance 0.68%
4. Odfjell Drilling Ltd Oil and Gas Production 0.67%
5. Nippon Television Holdings Inc Television Broadcasting 0.67%
6. Mitsubishi Corp Diversified Industrial Services 0.65%
7. Stolt-Nielsen Ltd Transportation 0.65%
8. Schaeffler AG - Pfd Automotive 0.62%
9. Kawasaki Kisen Kaisha Ltd Transportation 0.61%
10. SKY Perfect JSAT Holdings Inc Television Broadcasting 0.60%
11. Strabag SE Construction 0.60%
12. Harel Insurance Invsmts Fcnl Srvcs Ltd Insurance 0.59%
13. Banca Popolare di Sondrio SCpA Banking 0.59%
14. Nippon Suisan Kaisha Ltd Food, Beverage and Tobacco 0.59%
15. NHK Spring Co Ltd Automotive 0.59%
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