CI Morningstar International Momentum Index ETF

TSX TICKER : ZXM.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 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 2026-10-14
$24.1 million
NAVPS
As at 2026-10-14
$61.5079
Market price
As at 2026-10-08
$61.5500
MER (%)
As at 2026-06-30
0.64
Management fee (%) 0.60
Units outstanding
As at 2026-10-14
392,975
Asset class International Equity
Currency CAD
CUSIP 12555J102
Distribution frequency Quarterly
Last distribution $0.1958

Risk rating1

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

Investor suitability

For those who:
  • want international equity exposure on a currency unhedged basis
  • want to receive regular quarterly cash flows (if any)
  • can tolerate medium risk

Performance2 As at 2026-09-30

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*
19.70% 0.70% 1.56% 16.20% 24.62% 29.42% 12.51% 11.78% 12.53%
*Since inception date

Distribution history3

Ex-Date Total
2026-09-23 0.1958
2026-06-24 0.6016
2026-03-25 0.1174
2025-12-23 0.2716
2025-09-23 0.2230
Ex-Date Total
2025-06-24 0.8118
2025-03-25 0.0437
2024-12-23 0.2500
2024-09-23 0.2014
2024-06-24 0.7496

Management team

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

CI Morningstar International Momentum Index ETF

TSX TICKER : ZXM.B
 
Portfolio allocations4 As at 2026-09-30
Asset allocation (%)
  • International Equity 100.09
  • Other 0.01
  • Cash and Equivalents -0.10
Sector allocation (%)
  • Financial Services 29.05
  • Technology 12.63
  • Industrial Services 8.75
  • Energy 8.67
  • Consumer Goods 7.55
  • Industrial Goods 7.53
  • Other 7.37
  • Basic Materials 6.95
  • Consumer Services 5.96
  • Real Estate 5.54
Geographic allocation(%)
  • Other 30.12
  • Japan 24.79
  • Sweden 7.46
  • Australia 6.74
  • Italy 6.39
  • Norway 6.01
  • United Kingdom 5.56
  • Spain 5.00
  • Netherlands 4.01
  • Poland 3.92
Top holdings6
Sector (%)
1. Happinet Corp Consumer Durables 0.71%
2. Codan Ltd Computer Electronics 0.70%
3. Distribuidora Internacional Almntcn SA Retail 0.59%
4. Okeanis Eco Tankers Corp Energy Services and Equipment 0.59%
5. AT & S Austria Technlgie Systmtchnk AG Computer Electronics 0.57%
6. Nippon Pillar Packing Co Ltd Chemicals and Gases 0.56%
7. Torm PLC Cl A Energy Services and Equipment 0.56%
8. HOEGH AUTOLINERS ASA Transportation 0.55%
9. Nos Sgps SA Diversified Telecommunications 0.55%
10. Fuso Chemical Co Ltd Chemicals and Gases 0.55%
11. VAT Group AG Manufacturing 0.54%
12. Galp Energia SGPS SA Integrated Production 0.54%
13. Kokusai Electric Corp Computer Electronics 0.54%
14. Micronics Japan Co Ltd Computer Electronics 0.54%
15. Man Group PLC Asset Management 0.54%
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