CI Morningstar International Momentum Index ETF

TSX TICKER : ZXM
 

Fund overview

The Fund has been designed to replicate, to the extent possible, the performance of the Morningstar® Developed Markets ex-North America Target Momentum 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 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 November 2014
Total net assets ($CAD)
As at 2023-10-03
$29.7 million
NAVPS
As at 2023-10-03
$33.8390
Market price
As at 2023-10-03
$33.6900
MER (%)
As at 2022-12-31
0.69
Management fee (%) 0.60
Units outstanding
As at 2023-10-03
878,902
Asset class International Equity
Currency CAD Hedged
CUSIP 12555J201
Distribution frequency Quarterly
Last distribution $0.2201

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 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*
9.05% -1.92% -1.80% 2.68% 16.48% 5.05% 5.94% - 8.44%
*Since inception date

Distribution history3

Payable date Total
2023-09-22 0.2201
2023-06-23 0.7408
2023-03-24 0.0593
2022-12-21 0.2752
2022-09-22 1.1255
Payable date Total
2022-06-23 0.2944
2022-03-24 0.1140
2021-12-23 0.2100
2021-09-23 0.2100
2021-06-30 0.2100

Management team

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

CI Morningstar International Momentum Index ETF

TSX TICKER : ZXM
 
Portfolio allocations4 As at 2023-08-31
Asset allocation (%)
  • International Equity 99.86
  • Cash and Equivalents 0.12
  • Other 0.02
Sector allocation (%)
  • Industrial Goods 16.52
  • Financial Services 14.56
  • Technology 13.85
  • Consumer Services 12.49
  • Industrial Services 11.57
  • Basic Materials 9.37
  • Consumer Goods 9.28
  • Real Estate 5.35
  • Other 4.18
  • Energy 2.83
Geographic allocation(%)
  • Japan 27.23
  • Other 26.81
  • United Kingdom 7.80
  • Sweden 6.63
  • France 6.00
  • Italy 5.80
  • Switzerland 5.42
  • Australia 4.88
  • Germany 4.87
  • Poland 4.56
Top holdings
Sector (%)
1. Rolls-Royce Holdings PLC Aerospace and Defence 0.74%
2. Kawasaki Kisen Kaisha Ltd Transportation 0.72%
3. Disco Corp Computer Electronics 0.67%
4. BW LPG Ltd Energy Services and Equipment 0.67%
5. Verallia SAS Packaging 0.66%
6. Budimex SA Construction 0.65%
7. Macnica Fuji Electronics Holdings Inc Computer Electronics 0.64%
8. JVCkenwood Corp Automotive 0.61%
9. UniCredit SpA Banking 0.61%
10. Samsonite International SA Consumer Non-durables 0.61%
11. Nippon Yusen KK Transportation 0.61%
12. Hafnia Ltd Pipelines 0.61%
13. Hochtief AG Construction 0.61%
14. Sanwa Holdings Corp Construction 0.60%
15. Marks and Spencer Group PLC Retail 0.60%
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