Corporate Class CI First Asset MSCI Canada Quality Index Class ETF

Fund Overview

The Fund's investment objective is to replicate, to the extent possible, the performance of the MSCI Canada Quality Index, net of expenses (the "Index"). The MSCI Canada Quality Index is based on the MSCI Canada Index, its parent index, which includes large and mid-cap stocks of the Canadian equity market. The investment strategy of the Fund is to invest in and hold the constituent securities of the Index in substantially the same proportion as they are reflected in the Index.

Investor suitability
For those who:

  • want Canadian equity exposure
  • want to receive regular quarterly cash flows (if any)
  • can tolerate medium risk.

Performance

 1m3m6mYTD1y2y3y4ySI
FQC 0.77%7.84%21.01%-9.07%-7.88%3.38%4.17%5.62%6.49%
Benchmark-2.06%4.73%22.51%-3.09%-0.03%3.46%4.26%5.47%6.97%
As at: 30 Sep 2020 - Benchmark: S&P/TSX Composite Index (Total Return)

 

Historical NAVs

Sector Breakdown

As at September 30, 2020

The indicated rates of return are the historical annual compounded total returns, including changes in unit value and do not take into account sales, redemption or optional charges or income taxes payable by a security holder that would have reduced returns.


The S&P/TSX Composite Index is a capitalization-weighted index designed to measure market activity of stocks listed on the Toronto Stock Exchange. This index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of broader Canadian equity market.

Key Facts

Index Characteristics

Number of Securities25
Price/Earnings Ratio16.82
Price/Book Ratio2.16
As at 30 Sep, 2020

Index Risk Return Measures

Time period: 11/30/1998 to 09/30/2020 Index Benchmark
Return (% annualized)9.657.02
Std Dev13.8814.11
Beta0.831.00
Sharpe0.580.40
Sortino Ratio0.820.55
Up Capture92.94100.00
Down Capture74.24100.00
As at 30 Sep, 2020
Index: MSCI Canada Quality Index
Benchmark: S&P/TSX Composite TR Index

Number of securities: 25

Asset Allocation

Security Type%
Common Stock99.99%
Currency Security0.01%

Holdings

NameSecurity TypeISINTicker %
MAGNA INTL INC Common StockCA5592224011 MG CN 5.80
CANADIAN PACIFIC RAILWAY LTD Common StockCA13645T1003 CP CN 5.62
CANADIAN NATIONAL RAILWAY CO Common StockCA1363751027 CNR CN 5.30
SUN LIFE FINANCIAL INC Common StockCA8667961053 SLF CN 5.17
MANULIFE FINANCIAL CORP Common StockCA56501R1064 MFC CN 5.12
INTACT FINANCIAL CORP Common StockCA45823T1066 IFC CN 4.74
METRO INC Common StockCA59162N1096 MRU CN 4.72
ALIMENTATION COUCHE-TARD INC Common StockCA01626P4033 ATD/B CN 4.59
ROGERS COMMUNICATIONS INC Common StockCA7751092007 RCI/B CN 4.53
RITCHIE BROS AUCTIONEERS INC Common StockCA7677441056 RBA CN 4.46
B2GOLD CORP Common StockCA11777Q2099 BTO CN 4.45
CGI INC Common StockCA12532H1047 GIB/A CN 4.44
CONSTELLATION SOFTWARE INC Common StockCA21037X1006 CSU CN 4.26
CCL INDUSTRIES INC Common StockCA1249003098 CCL/B CN 4.21
BCE INC Common StockCA05534B7604 BCE CN 4.12
SAPUTO INC Common StockCA8029121057 SAP CN 3.96
GREAT WEST LIFECO INC Common StockCA39138C1068 GWO CN 3.87
GILDAN ACTIVEWEAR INC Common StockCA3759161035 GIL CN 3.14
EMPIRE CO LTD Common StockCA2918434077 EMP/A CN 3.01
CAE INC Common StockCA1247651088 CAE CN 3.00
IA FINANCIAL CORP INC Common StockCA45075E1043 IAG CN 2.72
CI FINANCIAL INC Common StockCA1254911003 CIX CN 2.58
PARKLAND CORP Common StockCA70137W1086 PKI CN 2.33
KEYERA CORP Common StockCA4932711001 KEY CN 2.15
CANADIAN APARTMENT PPTYS REIT Common StockCA1349211054 CAR-U CN 1.90
Currency Security 0.01

As at: 27 October 2020
Holdings are subject to change

100.2%

Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 2.00% (as at 27 Oct 2020)

FQCTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$1.93680$1.93680-$1.56870------
2020 +$0.36810$0.36810--------
24-Sep$0.12070$0.12070--------
24-Jun$0.12870$0.12870--------
25-Mar$0.11870$0.11870--------
2019 +$0.47450$0.47450-$0.47450------
23-Dec$0.11870$0.11870-$0.11870------
24-Sep$0.11870$0.11870-$0.11870------
24-Jun$0.11940$0.11940-$0.11940------
25-Mar$0.11770$0.11770-$0.11770------
2018 +$0.41780$0.41780-$0.41780------
21-Dec$0.11410$0.11410-$0.11410------
24-Sep$0.10320$0.10320-$0.10320------
25-Jun$0.10610$0.10610-$0.10610------
23-Mar$0.09440$0.09440-$0.09440------
2017 +$0.37400$0.37400-$0.37400------
28-Dec$0.09610$0.09610-$0.09610------
28-Sep$0.09610$0.09610-$0.09610------
29-Jun$0.09750$0.09750-$0.09750------
30-Mar$0.08430$0.08430-$0.08430------
2016 +$0.30240$0.30240-$0.30240------
29-Dec$0.07940$0.07940-$0.07940------
29-Sep$0.08300$0.08300-$0.08300------
29-Jun$0.14000$0.14000-$0.14000------

(1) Future distribution dates may be amended at any time. (2) Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. (3) The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the Fund's tax year end. Therefore investors will be informed of the characterization of the amounts distributed for tax purposes only for the entire year and not with each distribution. For tax purposes these amounts will be reported by brokers on official tax statements.

News

Documents

5 Oct, 2020 - ETF Facts

National Instrument 81-106 Investment Fund Continuous Disclosure requires disclosure of the proxy voting record on an annual basis for the period ending on June 30 of each year. The proxy voting record must be posted on the website no later than August 31 of each year.

Canadian securities law provides that the manager of an investment funds (in this case, CI Investments Inc. ("CI")), acting on behalf of the investment fund, has the right and obligation to vote proxies relating to the investment fund's portfolio securities. As a practical matter, CI delegates this function to the applicable portfolio manager or sub-adviser, as part of the portfolio manager's or sub-adviser's general management of the investment fund assets, subject to oversight by CI. CI generally requires that applicable portfolio managers or sub-advisers vote all proxies in the best interest of CI's funds and their securityholders, as determined solely by the portfolio manager or sub-adviser, and subject to CI's proxy voting policy, the guidelines applicable to the individual portfolio manager or sub-adviser, and applicable legislation. Portfolio managers and sub-advisers are generally expected to vote on any matter for which the investment fund receives proxy materials for a meeting of securityholders of an issuer.

Proxy voting record for the most recent year:

30 Jun, 2020 - Proxy Voting Record

Warning: Documents posted on this website (including, without limitation, prospectuses) are current only as of the date on them

To access the SEDAR filings of CI First Asset MSCI Canada Quality Index Class ETF please click here