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 2024-07-12
$20.1 million
NAVPS
As at 2024-07-12
$38.5122
Market price
As at 2024-07-12
$38.5300
MER (%)
As at 2023-12-31
0.67
Management fee (%) 0.60
Units outstanding
As at 2024-07-12
522,975
Asset class International Equity
Currency CAD
CUSIP 12555J102
Distribution frequency Quarterly
Last distribution $0.7496

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 2024-06-30

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*
13.11% -1.75% -0.24% 13.11% 18.72% 1.24% 7.86% - 9.02%
*Since inception date

Distribution history3

Payable date Total
2024-06-24 0.7496
2024-03-21 0.0676
2023-12-20 0.2750
2023-09-22 0.2201
2023-06-23 0.7408
Payable date Total
2023-03-24 0.0593
2022-12-21 0.2753
2022-09-22 1.1255
2022-06-23 0.2945
2022-03-24 0.1126

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.B
 
Portfolio allocations4 As at 2024-06-30
Asset allocation (%)
  • International Equity 98.86
  • Cash and Equivalents 0.61
  • Income Trust Units 0.51
  • Other 0.02
Sector allocation (%)
  • Financial Services 22.14
  • Industrial Goods 13.90
  • Industrial Services 11.64
  • Technology 8.93
  • Real Estate 8.89
  • Consumer Goods 8.89
  • Other 8.38
  • Consumer Services 8.16
  • Basic Materials 5.04
  • Energy 4.03
Geographic allocation(%)
  • Japan 27.44
  • Other 23.06
  • United Kingdom 9.27
  • Sweden 9.01
  • Italy 7.32
  • Poland 5.78
  • Australia 5.18
  • Switzerland 4.92
  • Spain 4.43
  • Norway 3.59
Top holdings
Sector (%)
1. Tamron Co Ltd Computer Electronics 0.96%
2. HOEGH AUTOLINERS ASA Transportation 0.57%
3. Stella International Holdings Ltd Consumer Non-durables 0.57%
4. Wallenius Wilhelmsen ASA Transportation 0.56%
5. Camtek Ltd Computer Electronics 0.56%
6. Strike Co Ltd Professional Services 0.56%
7. Pro Medicus Ltd Healthcare Equipment 0.56%
8. Recruit Holdings Co Ltd Professional Services 0.55%
9. Powszechna Kasa Oszczdnsci Bk Plski SA Banking 0.55%
10. Santander Bank Polska SA Banking 0.55%
11. Alior Bank SA Banking 0.55%
12. Bank of Georgia Group PLC Banking 0.54%
13. Asahi Yukizai Corp Chemicals and Gases 0.54%
14. Hochtief AG Construction 0.54%
15. Hafnia Ltd Pipelines 0.54%
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