CI Morningstar International Value Index ETF

TSX TICKER : VXM.U
 

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 April 2026
Total net assets ($USD)
As at 2026-07-10
$4.4 million
NAVPS
As at 2026-07-10
$20.1406
Market price
As at 2026-07-08
$20.1300
MER (%) Information not available
Management fee (%) 0.60
Units outstanding
As at 2026-07-10
220,000
Asset class International Equity
Currency USD
CUSIP 12555N301
Distribution frequency Quarterly
Last distribution $0.1156

Risk rating1

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

Investor suitability

For those who:
  • want international equity exposure on a U.S. dollar unhedged basis
  • want to receive regular quarterly cash flows (if any)
  • can tolerate medium-to-high risk

Performance2 As at 2026-06-30

*Fund performance is not available for funds with a history of less than one year.

Distribution history3

Ex-Date Total
2026-06-24 0.1156

Management team

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

CI Morningstar International Value Index ETF

TSX TICKER : VXM.U
 
Portfolio allocations4 As at 2026-06-30
Asset allocation (%)
  • International Equity 98.59
  • Cash and Equivalents 0.94
  • Income Trust Units 0.43
  • Other 0.04
Sector allocation (%)
  • Financial Services 16.97
  • Consumer Goods 14.82
  • Industrial Services 11.77
  • Consumer Services 11.22
  • Utilities 10.98
  • Energy 8.62
  • Other 8.35
  • Industrial Goods 7.01
  • Basic Materials 6.65
  • Real Estate 3.61
Geographic allocation(%)
  • Japan 40.03
  • Other 20.99
  • France 8.64
  • United Kingdom 5.58
  • Germany 5.40
  • Italy 5.04
  • Norway 4.29
  • Austria 4.01
  • Spain 3.18
  • Poland 2.84
Top holdings6
Sector (%)
1. First Resources Ltd Food, Beverage and Tobacco 0.61%
2. Zealand Pharma A/S Drugs 0.58%
3. Banco BPM SpA Banking 0.57%
4. Nisshinbo Holdings Inc Diversified Industrial Goods 0.57%
5. Banco Santander SA Banking 0.57%
6. Talanx AG Insurance 0.57%
7. Chubu Electric Power Co Inc Electric Utilities 0.57%
8. Unicaja Banco SA Banking 0.56%
9. H2O Retailing Corp Retail 0.56%
10. Mapfre SA Insurance 0.56%
11. Barclays PLC Banking 0.56%
12. BPER Banca SpA Banking 0.56%
13. Banco Comercial Portugues SA Banking 0.56%
14. Societe Generale SA Banking 0.56%
15. Luk Fook Holdings (International) Ltd Retail 0.56%
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.