CI Japan Equity Index ETF (formerly CI WisdomTree Japan Equity Index ETF)
TSX TICKER : JAPN.BFund overview
CI WisdomTree Japan Equity Index ETF Fund seeks to track the price and yield performance of the WisdomTree Japan Equity Index CAD, before fees and expenses. The Index consists of dividend-paying companies incorporated in Japan and traded on the Tokyo Stock Exchange that derive less than 80% of their revenue from sources in Japan. The Index is tilted towards companies with a more significant global revenue base.
Fund details
| Inception date | August 2018 |
|
Total net assets ($CAD)
As at 2024-06-28
|
$923.8 million |
|
NAVPS
As at 2024-06-28 |
$33.3290 |
|
Market price
As at 2024-06-28 |
$33.5700 |
|
MER (%)
As at 2023-12-31 |
0.52 |
| Management fee (%) | 0.48 |
|
Units outstanding
As at 2024-06-28 |
27,720,000 |
| Asset class | Global Equity |
| Currency | CAD |
| CUSIP | 12559J108 |
| Distribution frequency | Quarterly |
| Last distribution | $0.3605 |
Risk rating1
- Low
- Low to medium
- Medium
- Medium to high
- High
Investor suitability
| For those who: | ||
|---|---|---|
Performance2 As at 2024-05-31
Growth of $10,000 (Since inception date)
Calendar year performance
average annual compound returns
| YTD | 1 Mo | 3 Mo | 6 Mo | 1 Y | 3 Y | 5 Y | 10 Y | Inception* |
|---|---|---|---|---|---|---|---|---|
| 14.38% | 0.26% | 1.23% | 15.02% | 27.98% | 12.62% | 10.88% | - | 7.27% |
Distribution history3
| Payable date | Total |
|---|---|
| 2024-06-24 | 0.3605 |
| 2023-12-20 | 0.2900 |
| 2023-06-23 | 0.2672 |
| 2023-03-24 | 0.0388 |
| 2022-12-21 | 0.3000 |
| Payable date | Total |
|---|---|
| 2022-09-22 | 0.0270 |
| 2022-06-23 | 0.3865 |
| 2022-03-24 | 0.0510 |
| 2021-12-23 | 0.1900 |
| 2021-09-23 | 0.0350 |
Management team
|
Lijon Geeverghese
|
Note: This page is not complete without disclaimers on the next page.
CI Japan Equity Index ETF (formerly CI WisdomTree Japan Equity Index ETF)
TSX TICKER : JAPN.B- International Equity 99.61
- Cash and Equivalents 0.39
- Consumer Goods 27.19
- Financial Services 17.28
- Industrial Goods 14.68
- Industrial Services 12.00
- Basic Materials 9.52
- Technology 6.92
- Healthcare 6.15
- Other 2.19
- Consumer Services 2.16
- Real Estate 1.91
- Japan 99.72
- Canada 0.28
|
Top holdings
|
Sector | (%) |
|---|---|---|
| 1. Mitsubishi UFJ Financial Group Inc | Banking | 5.23% |
| 2. Toyota Motor Corp | Automotive | 5.12% |
| 3. Japan Tobacco Inc | Food, Beverage and Tobacco | 4.19% |
| 4. Mitsubishi Corp | Diversified Industrial Services | 3.66% |
| 5. Sumitomo Mitsui Financial Group Inc | Banking | 2.83% |
| 6. Mizuho Financial Group Inc | Banking | 2.58% |
| 7. Shin-Etsu Chemical Co Ltd | Chemicals and Gases | 2.37% |
| 8. Hitachi Ltd | Diversified Industrial Goods | 2.17% |
| 9. Tokio Marine Holdings Inc | Insurance | 2.15% |
| 10. Itochu Corp | Diversified Industrial Services | 1.99% |
| 11. Tokyo Electron Ltd | Computer Electronics | 1.85% |
| 12. Nintendo Co Ltd | Consumer Durables | 1.78% |
| 13. Sumitomo Corp | Diversified Industrial Services | 1.77% |
| 14. Takeda Pharmaceutical Co Ltd | Drugs | 1.75% |
| 15. Komatsu Ltd | Manufacturing | 1.68% |
Note: This page is not complete without disclaimers on the next page.
1 The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.
2 Commissions, management fees and expenses all may be associated with an investment in exchange-traded funds (ETFs). You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them. Please read the prospectus before investing. Important information about an exchange-traded fund is contained in its prospectus. The indicated rates of return are the historical annual compounded total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all dividends/distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs are not guaranteed; their values change frequently, and past performance may not be repeated.
3 Please refer to the fund’s simplified prospectus for distribution information.
4 Portfolio allocations will fluctuate over the life of the ETF as the portfolio holdings and market value of each security changes. The portfolio manager(s) may change the portfolio allocations in some or all of the sectors.
The contents are not to be used or construed as investment advice or as an endorsement or recommendation of any entity of security discussed.
Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI has taken reasonable steps to ensure their accuracy.
The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund.
The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.
Management Expense Ratio (“MER”) represents the trailing 12-month management expense ratio, which reflects the cost of running the fund, inclusive of applicable taxes including HST, GST and QST (excluding commissions and other portfolio transaction costs) as a percentage of daily average net asset value the period, including the fund’s proportionate share of any underlying fund(s) expenses, if applicable. The MER is reported in each fund’s Management Report of Fund Performance (“MRFP”). MRFPs can be found within the Documents tab on ci.com.
"WisdomTree®" and "Variably Hedged®" are registered trademarks of WisdomTree Investments, Inc. and WisdomTree Investments, Inc. has patent applications pending on the methodology and operation of its indexes. CI WisdomTree Canada Quality Dividend Growth Index ETF (the "Fund") is not sponsored, endorsed, sold or promoted by WisdomTree Investments, Inc. or its affiliates ("WisdomTree"). WisdomTree makes no representation or warranty, express or implied, and shall have no liability regarding the advisability, legality (including the accuracy or adequacy of descriptions and disclosures relating to, the Fund) or suitability of investing in or purchasing securities or other financial instruments or products generally, or of the Fund in particular (including, without limitation, the failure of the Fund to achieve its investment objectives) or regarding use of WisdomTree Canada Quality Dividend Growth Index or any data included therein.
The CI Exchange-Traded Funds (ETFs) are managed by CI Global Asset Management, a subsidiary of CI Financial Corp. (TSX: CIX). CI Global Asset Management is a registered business name of CI Investments Inc.
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