CI Morningstar International Value Index ETF

TSX TICKER : VXM.B
 

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 2024-06-21
$261.6 million
NAVPS
As at 2024-06-21
$29.9027
Market price
As at 2024-06-20
$30.2100
MER (%)
As at 2023-12-31
0.65
Management fee (%) 0.60
Units outstanding
As at 2024-06-21
8,749,099
Asset class International Equity
Currency CAD
CUSIP 12555N202
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 risk

Performance2 As at 2024-05-31

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*
15.72% 4.33% 10.45% 17.19% 30.43% 10.98% 7.87% - 7.26%
*Since inception date

Distribution history3

Payable date Total
2024-03-21 0.0654
2023-12-20 0.2200
2023-09-22 0.1742
2023-06-23 0.5663
2023-03-24 0.0359
Payable date Total
2022-12-21 0.1650
2022-09-22 0.1623
2022-06-23 0.4225
2022-03-24 0.1220
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.B
 
Portfolio allocations4 As at 2024-05-31
Asset allocation (%)
  • International Equity 99.74
  • Cash and Equivalents 0.26
Sector allocation (%)
  • Consumer Goods 17.10
  • Industrial Services 15.20
  • Financial Services 14.14
  • Utilities 10.85
  • Basic Materials 10.40
  • Energy 8.02
  • Consumer Services 6.85
  • Industrial Goods 6.63
  • Other 5.50
  • Telecommunications 5.31
Geographic allocation(%)
  • Japan 38.34
  • Other 19.58
  • United Kingdom 7.46
  • Italy 6.68
  • France 6.15
  • Bermuda 5.92
  • Germany 5.72
  • Spain 4.23
  • Austria 2.99
  • Netherlands 2.93
  • Australia 2.93
Top holdings
Sector (%)
1. Hokkaido Electric Power Co Inc Electric Utilities 1.04%
2. BW LPG Ltd Energy Services and Equipment 0.89%
3. Yue Yuen Industrial (Holdings) Ltd Consumer Non-durables 0.83%
4. MPC Container Ships ASA Transportation 0.80%
5. Fujikura Ltd Computer Electronics 0.71%
6. Hokuriku Electric Power Co Electric Utilities 0.71%
7. Banco de Sabadell SA Banking 0.70%
8. Storskogen Group AB publ Professional Services 0.69%
9. Tohoku Electric Power Co Inc Electric Utilities 0.67%
10. Solvay SA Chemicals and Gases 0.66%
11. MFE-MEDIAFOREUROPE NV Media 0.66%
12. Banco Comercial Portugues SA Banking 0.65%
13. Kansai Electric Power Co Inc Electric Utilities 0.64%
14. Renault SA Automotive 0.64%
15. Kyushu Electric Power Co Inc Electric Utilities 0.64%
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