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 low to medium risk.

Performance

 1m3m6mYTD1y2y3y4ySI
FQC 4.86%7.61%-12.99%-11.59%-8.41%0.83%4.38%5.57%6.05%
Benchmark4.48%10.31%-4.98%-3.32%1.86%2.45%5.46%5.80%7.19%
As at: 31 Jul 2020 - Benchmark: S&P/TSX Composite Index (Total Return)

 

Historical NAVs

Sector Breakdown

As at June 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 Ratio15.01
Price/Book Ratio1.98
As at 30 Jun, 2020

Index Risk Return Measures

Time period: 11/30/1998 to 06/30/2020IndexBenchmark
Return (% annualized)9.366.88
Std Dev13.9314.16
Beta0.831.00
Sharpe0.560.39
Sortino Ratio0.780.53
Up Capture92.77100.00
Down Capture74.98100.00
As at 30 Jun, 2020
Index: MSCI Canada Quality Index
Benchmark: S&P/TSX Composite TR Index
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Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 2.01% (as at 5 Aug 2020)

FQCTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$1.81610$1.81610-$1.56870------
2020 +$0.24740$0.24740--------
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

22 Apr, 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, 2019 - Proxy Voting Record

30 Jun, 2018 - 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