The Fund has been designed to replicate, to the extent possible, the performance of the MSCI Europe Risk Weighted Top 100 Index (the "Index"), net of expenses. The Index is based on a traditional market capitalization weighted parent index, the MSCI Europe Index, which includes developed Europe large and mid-capitalization stocks. Constructed using a simple, but effective and transparent process, each security of the parent index is reweighted so that stocks with lower risk are given higher index weights. The final constituents of the Index are determined by ranking these security level risk weights and taking the top 100 subset securities. The Index seeks to emphasize stocks with lower historical return variance and tends to have a bias towards lower size and lower risk stocks. Historically, the Index has exhibited lower realized volatility in comparison to its parent index, while maintaining reasonable liquidity and capacity. The investment strategy of the Fund is to invest in and hold the constituent securities of the Index. Foreign currency assets held by the Fund attributable to the Units will not be hedged back to the Canadian dollar.
Investor suitability
For those who:
1m | 3m | 6m | YTD | 1y | 2y | 3y | 4y | 5y | SI | |
---|---|---|---|---|---|---|---|---|---|---|
RWE.B | 2.73% | -3.10% | 0.04% | -3.10% | 10.78% | 2.89% | 2.86% | 4.82% | 4.46% | 6.61% |
As at: 31 Mar 2021 |
As at February 28, 2021
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.
Index Characteristics | |
Number of Securities | 99 |
---|---|
Price/Earnings Ratio | 20.77 |
Price/Book Ratio | 2.58 |
As at 28 Feb, 2021 |
Index Risk Return Measures | ||
Time period: 12/31/1998 to 02/28/2021 | Index | Benchmark |
---|---|---|
Return (% annualized) | 6.71 | 3.81 |
Std Dev | 11.50 | 14.48 |
Beta | 0.66 | 1.00 |
Sharpe | 0.44 | 0.18 |
Sortino Ratio | 0.66 | 0.26 |
Up Capture | 77.35 | 100.00 |
Down Capture | 58.03 | 100.00 |
As at 28 Feb, 2021 Index: MSCI Europe Risk Weighted Top 100 Index Benchmark: MSCI Europe GR Index (Unhedged) |
Number of securities: 99
Security Type | % |
---|---|
Foreign Stock | 98.79% |
Preferred Stock | 0.98% |
Currency Security | 0.23% |
Name | Security Type | ISIN | Ticker | % |
---|---|---|---|---|
CHOCOLADEFABRIKEN LINDT & SPRU | Foreign Stock | CH0010570767 | LISP SE | 2.97 |
UNILEVER PLC | Foreign Stock | GB00B10RZP78 | ULVR LN | 2.15 |
NESTLE SA | Foreign Stock | CH0038863350 | NESN SW | 1.80 |
GIVAUDAN SA | Foreign Stock | CH0010645932 | GIVN SW | 1.51 |
ORKLA ASA | Foreign Stock | NO0003733800 | ORK NO | 1.51 |
BANQUE CANTONALE VAUDOISE | Foreign Stock | CH0531751755 | BCVN SW | 1.49 |
SWISSCOM AG | Foreign Stock | CH0008742519 | SCMN SW | 1.43 |
KUEHNE + NAGEL INTERNATIONAL A | Foreign Stock | CH0025238863 | KNIN SW | 1.40 |
ADMIRAL GROUP PLC | Foreign Stock | GB00B02J6398 | ADM LN | 1.39 |
CRODA INTERNATIONAL PLC | Foreign Stock | GB00BJFFLV09 | CRDA LN | 1.38 |
SWISS PRIME SITE AG | Foreign Stock | CH0008038389 | SPSN SW | 1.37 |
SEGRO PLC | Foreign Stock | GB00B5ZN1N88 | SGRO LN | 1.29 |
TELENOR ASA | Foreign Stock | NO0010063308 | TEL NO | 1.26 |
WM MORRISON SUPERMARKETS PLC | Foreign Stock | GB0006043169 | MRW LN | 1.21 |
HERMES INTERNATIONAL | Foreign Stock | FR0000052292 | RMS FP | 1.19 |
SCHINDLER HOLDING AG | Foreign Stock | CH0024638212 | SCHN SW | 1.15 |
DIAGEO PLC | Foreign Stock | GB0002374006 | DGE LN | 1.15 |
WOLTERS KLUWER NV | Foreign Stock | NL0000395903 | WKL NA | 1.13 |
GEBERIT AG | Foreign Stock | CH0030170408 | GEBN SW | 1.13 |
GJENSIDIGE FORSIKRING ASA | Foreign Stock | NO0010582521 | GJF NO | 1.11 |
BARRY CALLEBAUT AG | Foreign Stock | CH0009002962 | BARN SW | 1.09 |
AIR LIQUIDE SA | Foreign Stock | FR0000120073 | AI FP | 1.09 |
SGS SA | Foreign Stock | CH0002497458 | SGSN SW | 1.08 |
DANONE SA | Foreign Stock | FR0000120644 | BN FP | 1.07 |
SCHINDLER HOLDING AG | Foreign Stock | CH0024638196 | SCHP SW | 1.06 |
KONE OYJ | Foreign Stock | FI0009013403 | KNEBV FH | 1.06 |
CARLSBERG AS | Foreign Stock | DK0010181759 | CARLB DC | 1.05 |
NOVARTIS AG | Foreign Stock | CH0012005267 | NOVN SW | 1.04 |
EMS-CHEMIE HOLDING AG | Foreign Stock | CH0016440353 | EMSN SW | 1.04 |
SYMRISE AG | Foreign Stock | DE000SYM9999 | SY1 GR | 1.04 |
SPIRAX-SARCO ENGINEERING PLC | Foreign Stock | GB00BWFGQN14 | SPX LN | 1.02 |
GLAXOSMITHKLINE PLC | Foreign Stock | GB0009252882 | GSK LN | 1.02 |
INVESTOR AB | Foreign Stock | SE0000107419 | INVEB SS | 1.02 |
LOREAL SA | Foreign Stock | FR0000120321 | OR FP | 1.01 |
ROCHE HOLDING AG | Foreign Stock | CH0012032048 | ROG SW | 1.00 |
VIVENDI SE | Foreign Stock | FR0000127771 | VIV FP | 1.00 |
KONINKLIJKE AHOLD DELHAIZE NV | Foreign Stock | NL0011794037 | AD NA | 0.99 |
NATIONAL GRID PLC | Foreign Stock | GB00BDR05C01 | NG/ LN | 0.99 |
HENKEL AG & CO KGAA | Preferred Stock | DE0006048432 | HEN3 GR | 0.97 |
SOFINA SA | Foreign Stock | BE0003717312 | SOF BB | 0.97 |
HALMA PLC | Foreign Stock | GB0004052071 | HLMA LN | 0.97 |
ESSITY AB | Foreign Stock | SE0009922164 | ESSITYB SS | 0.96 |
HENKEL AG & CO KGAA | Foreign Stock | DE0006048408 | HEN GR | 0.96 |
MERCK KGAA | Foreign Stock | DE0006599905 | MRK GR | 0.96 |
DEUTSCHE TELEKOM AG | Foreign Stock | DE0005557508 | DTE GR | 0.96 |
IBERDROLA SA | Foreign Stock | ES0144580Y14 | IBE SM | 0.95 |
INDUSTRIVARDEN AB | Foreign Stock | SE0000190126 | INDUA SS | 0.95 |
INDUSTRIVARDEN AB | Foreign Stock | SE0000107203 | INDUC SS | 0.94 |
BEIERSDORF AG | Foreign Stock | DE0005200000 | BEI GR | 0.94 |
L E LUNDBERGFORETAGEN AB | Foreign Stock | SE0000108847 | LUNDB SS | 0.92 |
LEG IMMOBILIEN SE | Foreign Stock | DE000LEG1110 | LEG GR | 0.91 |
EDP - ENERGIAS DE PORTUGAL SA | Foreign Stock | PTEDP0AM0009 | EDP PL | 0.90 |
SEVERN TRENT PLC | Foreign Stock | GB00B1FH8J72 | SVT LN | 0.90 |
TERNA RETE ELETTRICA NAZIONALE | Foreign Stock | IT0003242622 | TRN IM | 0.90 |
GROUPE BRUXELLES LAMBERT SA | Foreign Stock | BE0003797140 | GBLB BB | 0.90 |
RELX PLC | Foreign Stock | GB00B2B0DG97 | REL LN | 0.89 |
TELIA CO AB | Foreign Stock | SE0000667925 | TELIA SS | 0.89 |
COLOPLAST A/S | Foreign Stock | DK0060448595 | COLOB DC | 0.89 |
TRYG A/S | Foreign Stock | DK0060636678 | TRYG DC | 0.88 |
KERRY GROUP PLC | Foreign Stock | IE0004906560 | KYG ID | 0.88 |
VONOVIA SE | Foreign Stock | DE000A1ML7J1 | VNA GR | 0.88 |
RED ELECTRICA CORP SA | Foreign Stock | ES0173093024 | REE SM | 0.88 |
ETABLISSEMENTS FRANZ COLRUYT N | Foreign Stock | BE0974256852 | COLR BB | 0.87 |
BUNZL PLC | Foreign Stock | GB00B0744B38 | BNZL LN | 0.87 |
SANOFI | Foreign Stock | FR0000120578 | SAN FP | 0.87 |
BUREAU VERITAS SA | Foreign Stock | FR0006174348 | BVI FP | 0.86 |
DEUTSCHE WOHNEN SE | Foreign Stock | DE000A0HN5C6 | DWNI GR | 0.86 |
HSBC HOLDINGS PLC | Foreign Stock | GB0005405286 | HSBA LN | 0.86 |
KONINKLIJKE VOPAK NV | Foreign Stock | NL0009432491 | VPK NA | 0.85 |
RECKITT BENCKISER GROUP PLC | Foreign Stock | GB00B24CGK77 | RKT LN | 0.85 |
NOVO NORDISK A/S | Foreign Stock | DK0060534915 | NOVOB DC | 0.85 |
UNITED UTILITIES GROUP PLC | Foreign Stock | GB00B39J2M42 | UU/ LN | 0.84 |
PERNOD RICARD SA | Foreign Stock | FR0000120693 | RI FP | 0.84 |
UNIPER SE | Foreign Stock | DE000UNSE018 | UN01 GR | 0.84 |
KONINKLIJKE DSM NV | Foreign Stock | NL0000009827 | DSM NA | 0.83 |
ALSTOM SA | Foreign Stock | FR0010220475 | ALO FP | 0.83 |
SCOUT24 AG | Foreign Stock | DE000A12DM80 | G24 GR | 0.83 |
ASSA ABLOY AB | Foreign Stock | SE0007100581 | ASSAB SS | 0.82 |
ELISA OYJ | Foreign Stock | FI0009007884 | ELISA FH | 0.80 |
ASSICURAZIONI GENERALI SPA | Foreign Stock | IT0000062072 | G IM | 0.79 |
ESSILORLUXOTTICA SA | Foreign Stock | FR0000121667 | EL FP | 0.79 |
LEGRAND SA | Foreign Stock | FR0010307819 | LR FP | 0.79 |
HEINEKEN NV | Foreign Stock | NL0000009165 | HEIA NA | 0.79 |
SNAM SPA | Foreign Stock | IT0003153415 | SRG IM | 0.78 |
HEINEKEN HOLDING NV | Foreign Stock | NL0000008977 | HEIO NA | 0.77 |
DEUTSCHE BOERSE AG | Foreign Stock | DE0005810055 | DB1 GR | 0.75 |
RENTOKIL INITIAL PLC | Foreign Stock | GB00B082RF11 | RTO LN | 0.75 |
TESCO PLC | Foreign Stock | GB00BLGZ9862 | TSCO LN | 0.75 |
ORANGE SA | Foreign Stock | FR0000133308 | ORA FP | 0.74 |
RECORDATI INDUSTRIA CHIMICA E | Foreign Stock | IT0003828271 | REC IM | 0.73 |
INTERTEK GROUP PLC | Foreign Stock | GB0031638363 | ITRK LN | 0.73 |
ZURICH INSURANCE GROUP AG | Foreign Stock | CH0011075394 | ZURN SW | 0.72 |
ORSTED AS | Foreign Stock | DK0060094928 | ORSTED DC | 0.71 |
SAGE GROUP PLC/THE | Foreign Stock | GB00B8C3BL03 | SGE LN | 0.71 |
LONDON STOCK EXCHANGE GROUP PL | Foreign Stock | GB00B0SWJX34 | LSEG LN | 0.71 |
NATURGY ENERGY GROUP SA | Foreign Stock | ES0116870314 | NTGY SM | 0.70 |
SECURITAS AB | Foreign Stock | SE0000163594 | SECUB SS | 0.65 |
EXPERIAN PLC | Foreign Stock | GB00B19NLV48 | EXPN LN | 0.62 |
SNAM SPA (01/06/2021) | Right | 0.00 | ||
Currency Security | 0.22 | |||
As at: 8 April 2021 | 98.41% |
Twelve month trailing distribution yield : 2.00% (as at 8 Apr 2021)
RWE.B | Total | Cash | Reinvested | Eligible dividends | Non eligible dividends | Other income | Capital Gains | Return of capital | Foreign Income | Foreign tax paid |
---|---|---|---|---|---|---|---|---|---|---|
SI | $4.37210 | $3.76660 | $0.60550 | - | - | - | $0.27094 | $0.16528 | $4.34958 | $0.51632 |
2021 + | $0.10260 | $0.10260 | - | - | - | - | - | - | - | - |
25-Mar | $0.10260 | $0.10260 | - | - | - | - | - | - | - | - |
2020 + | $0.60610 | $0.60610 | - | - | - | - | - | $0.07137 | $0.62908 | $0.09435 |
23-Dec | $0.15380 | $0.15380 | - | - | - | - | - | $0.01811 | $0.15963 | $0.02394 |
24-Sep | $0.15380 | $0.15380 | - | - | - | - | - | $0.01811 | $0.15963 | $0.02394 |
24-Jun | $0.15380 | $0.15380 | - | - | - | - | - | $0.01811 | $0.15963 | $0.02394 |
25-Mar | $0.14470 | $0.14470 | - | - | - | - | - | $0.01704 | $0.15019 | $0.02253 |
2019 + | $0.57500 | $0.56600 | $0.00900 | - | - | - | - | $0.02693 | $0.64479 | $0.09672 |
30-Dec | $0.00900 | - | $0.00900 | - | - | - | - | $0.00042 | $0.01009 | $0.00151 |
23-Dec | $0.14470 | $0.14470 | - | - | - | - | - | $0.00678 | $0.16226 | $0.02434 |
24-Sep | $0.14070 | $0.14070 | - | - | - | - | - | $0.00659 | $0.15778 | $0.02367 |
24-Jun | $0.14070 | $0.14070 | - | - | - | - | - | $0.00659 | $0.15778 | $0.02367 |
25-Mar | $0.13990 | $0.13990 | - | - | - | - | - | $0.00655 | $0.15688 | $0.02353 |
2018 + | $0.83500 | $0.56900 | $0.26600 | - | - | - | $0.27094 | $0.00159 | $0.66170 | $0.09925 |
28-Dec | $0.26600 | - | $0.26600 | - | - | - | $0.08631 | $0.00051 | $0.21080 | $0.03162 |
21-Dec | $0.14190 | $0.14190 | - | - | - | - | $0.04604 | $0.00027 | $0.11245 | $0.01687 |
24-Sep | $0.14280 | $0.14280 | - | - | - | - | $0.04634 | $0.00027 | $0.11316 | $0.01697 |
25-Jun | $0.14280 | $0.14280 | - | - | - | - | $0.04634 | $0.00027 | $0.11316 | $0.01697 |
23-Mar | $0.14150 | $0.14150 | - | - | - | - | $0.04591 | $0.00027 | $0.11213 | $0.01682 |
2017 + | $0.56240 | $0.49240 | $0.07000 | - | - | - | - | - | $0.63176 | $0.06936 |
28-Dec | $0.12300 | $0.12300 | - | - | - | - | - | - | $0.13817 | $0.01517 |
28-Dec | $0.07000 | - | $0.07000 | - | - | - | - | - | $0.07863 | $0.00863 |
28-Sep | $0.12300 | $0.12300 | - | - | - | - | - | - | $0.13817 | $0.01517 |
29-Jun | $0.12540 | $0.12540 | - | - | - | - | - | - | $0.14087 | $0.01547 |
30-Mar | $0.12100 | $0.12100 | - | - | - | - | - | - | $0.13592 | $0.01492 |
2016 + | $0.70870 | $0.51350 | $0.19520 | - | - | - | - | $0.00005 | $0.78742 | $0.07877 |
29-Dec | $0.19520 | - | $0.19520 | - | - | - | - | $0.00001 | $0.21688 | $0.02169 |
29-Dec | $0.11760 | $0.11760 | - | - | - | - | - | $0.00001 | $0.13066 | $0.01307 |
29-Sep | $0.12620 | $0.12620 | - | - | - | - | - | $0.00001 | $0.14022 | $0.01403 |
29-Jun | $0.13260 | $0.13260 | - | - | - | - | - | $0.00001 | $0.14733 | $0.01474 |
30-Mar | $0.13710 | $0.13710 | - | - | - | - | - | $0.00001 | $0.15233 | $0.01524 |
2015 + | $0.49120 | $0.49120 | - | - | - | - | - | $0.06392 | $0.46620 | $0.03892 |
30-Dec | $0.13610 | $0.13610 | - | - | - | - | - | $0.01771 | $0.12917 | $0.01078 |
29-Sep | $0.12710 | $0.12710 | - | - | - | - | - | $0.01654 | $0.12063 | $0.01007 |
29-Jun | $0.12090 | $0.12090 | - | - | - | - | - | $0.01573 | $0.11475 | $0.00958 |
30-Mar | $0.10710 | $0.10710 | - | - | - | - | - | $0.01394 | $0.10165 | $0.00849 |
2014 + | $0.49110 | $0.42580 | $0.06530 | - | - | - | - | $0.00142 | $0.52863 | $0.03895 |
30-Dec | $0.06530 | - | $0.06530 | - | - | - | - | $0.00019 | $0.07029 | $0.00518 |
30-Dec | $0.13580 | $0.13580 | - | - | - | - | - | $0.00039 | $0.14618 | $0.01077 |
29-Sep | $0.11400 | $0.11400 | - | - | - | - | - | $0.00033 | $0.12271 | $0.00904 |
27-Jun | $0.17600 | $0.17600 | - | - | - | - | - | $0.00051 | $0.18945 | $0.01396 |
(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.
31 Dec, 2020 - Annual Financial Statements
30 Jun, 2020 - Semi-Annual Financial Statements
31 Dec, 2019 - Annual Financial Statements
31 Dec, 2020 - Management Report of Fund Performance
30 Jun, 2020 - Management Report of Fund Performance
31 Dec, 2019 - Annual Management Report of Fund Performance
30 Sep, 2020 - Summary of Investment Portfolio
31 Mar, 2020 - Summary of Investment Portfolio
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 Europe Low Risk Weighted ETF (Unhedged) please click hereCapitalizing on the Volatility Factor | Nov 2, 2020 | Positioning Piece | ![]() |