CI First Asset Morningstar International Momentum Index ETF (Unhedged)

Fund Overview

The Fund has been designed to replicate, to the extent possible, the performance of the Morningstar® Developed Markets ex-North America Target Momentum 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 have demonstrated, among other things, positive momentum in earnings and price. 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:

  • want international equity exposure on a currency unhedged basis
  • want to receive regular quarterly cash flows (if any)
  • Can tolerate medium risk.

Performance

 1m3m6mYTD1y2y3y4y5ySI
ZXM.B 1.49%-0.24%7.05%-0.24%43.04%15.66%7.50%10.82%10.16%11.94%
Benchmark1.56%2.09%12.99%2.09%27.66%7.91%5.13%6.56%8.23%7.61%
As at: 31 Mar 2021 - Benchmark: MSCI EAFE NR Index (Unhedged)

 

Historical NAVs

Sector Breakdown

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.


The MSCI EAFE Index (Europe, Australasia and the Far East) is an equity index which captures large and mid cap representation across Developed Markets countries in Europe, Australasia and the Far East. With 901 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country. The Index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of certain Eastern and European Developed Markets.

Key Facts

Index Characteristics

Number of Securities199
Price/Earnings Ratio19.66
Price/Book Ratio4.41
As at 28 Feb, 2021

Index Risk Return Measures

Time period: 12/15/2000 to 02/28/2021 Index Benchmark
Return (% annualized)11.954.15
Std Dev13.8113.04
Beta0.911.00
Sharpe0.750.23
Sortino Ratio1.120.32
Up Capture111.34100.00
Down Capture68.43100.00
As at 28 Feb, 2021
Index: Morningstar® Developed Markets ex-North America Target Momentum Index (Unhedged)
Benchmark: MSCI EAFE GR Index (Unhedged)

Number of securities: 201

Asset Allocation

Security Type%
Foreign Stock99.83%
Currency Security0.17%

Holdings

NameSecurity TypeISINTicker %
LASERTEC CORP Foreign StockJP3979200007 6920 JP 0.67
KAWASAKI KISEN KAISHA LTD Foreign StockJP3223800008 9107 JP 0.67
CMC MARKETS PLC Foreign StockGB00B14SKR37 CMCX LN 0.64
SWISSQUOTE GROUP HOLDING SA Foreign StockCH0010675863 SQN SW 0.62
BE SEMICONDUCTOR INDUSTRIES NV Foreign StockNL0012866412 BESI NA 0.61
QT GROUP OYJ Foreign StockFI4000198031 QTCOM FH 0.61
ASM INTERNATIONAL NV Foreign StockNL0000334118 ASM NA 0.60
SHINKO ELECTRIC INDUSTRIES CO Foreign StockJP3375800004 6967 JP 0.60
EVOLUTION GAMING GROUP AB Foreign StockSE0012673267 EVO SS 0.59
888 HOLDINGS PLC Foreign StockGI000A0F6407 888 LN 0.59
ADVANTEST CORP Foreign StockJP3122400009 6857 JP 0.59
NIPPON YUSEN KK Foreign StockJP3753000003 9101 JP 0.59
SOFTCAT PLC Foreign StockGB00BYZDVK82 SCT LN 0.57
KAINOS GROUP PLC Foreign StockGB00BZ0D6727 KNOS LN 0.57
MITSUI OSK LINES LTD Foreign StockJP3362700001 9104 JP 0.57
SITC INTERNATIONAL HOLDINGS CO Foreign StockKYG8187G1055 1308 HK 0.57
CODAN LTD/AUSTRALIA Foreign StockAU000000CDA3 CDA AU 0.57
TOKYO ELECTRON LTD Foreign StockJP3571400005 8035 JP 0.57
HELLOFRESH SE Foreign StockDE000A161408 HFG GR 0.56
VERBIO VEREINIGTE BIOENERGIE A Foreign StockDE000A0JL9W6 VBK GR 0.56
SDIPTECH AB Foreign StockSE0003756758 SDIPB SS 0.56
ASML HOLDING NV Foreign StockNL0010273215 ASML NA 0.55
INTERROLL HOLDING AG Foreign StockCH0006372897 INRN SW 0.55
DEXERIALS CORP Foreign StockJP3548770001 4980 JP 0.55
S-POOL INC Foreign StockJP3163900008 2471 JP 0.54
PARTNERS GROUP HOLDING AG Foreign StockCH0024608827 PGHN SW 0.54
DEMANT A/S Foreign StockDK0060738599 DEMANT DC 0.54
KESKO OYJ Foreign StockFI0009000202 KESKOB FH 0.54
WATCHES OF SWITZERLAND GROUP P Foreign StockGB00BJDQQ870 WOSG LN 0.54
KINDRED GROUP PLC Foreign StockSE0007871645 KINDSDB SS 0.54
EPIROC AB Foreign StockSE0011166933 EPIA SS 0.54
KONGSBERG GRUPPEN ASA Foreign StockNO0003043309 KOG NO 0.54
CAPCOM CO LTD Foreign StockJP3218900003 9697 JP 0.54
DISCO CORP Foreign StockJP3548600000 6146 JP 0.54
MELEXIS NV Foreign StockBE0165385973 MELE BB 0.53
POSTNL NV Foreign StockNL0009739416 PNL NA 0.53
BHG GROUP AB Foreign StockSE0010948588 BHG SS 0.53
COMPUTACENTER PLC Foreign StockGB00BV9FP302 CCC LN 0.53
HUSQVARNA AB Foreign StockSE0001662230 HUSQB SS 0.53
IG GROUP HOLDINGS PLC Foreign StockGB00B06QFB75 IGG LN 0.53
FISHER & PAYKEL HEALTHCARE COR Foreign StockNZFAPE0001S2 FPH NZ 0.53
FERREXPO PLC Foreign StockGB00B1XH2C03 FXPO LN 0.52
KINNEVIK AB Foreign StockSE0014684528 KINVB SS 0.52
MAN WAH HOLDINGS LTD Foreign StockBMG5800U1071 1999 HK 0.52
GN STORE NORD AS Foreign StockDK0010272632 GN DC 0.52
SMART METERING SYSTEMS PLC Foreign StockGB00B4X1RC86 SMS LN 0.52
IFAST CORP LTD Foreign StockSG1AF5000000 IFAST SP 0.52
AIXTRON SE Foreign StockDE000A0WMPJ6 AIXA GR 0.52
LOGITECH INTERNATIONAL SA Foreign StockCH0025751329 LOGN SW 0.52
BEFESA SA Foreign StockLU1704650164 BFSA GR 0.52
BAYCURRENT CONSULTING INC Foreign StockJP3835250006 6532 JP 0.52
PANDORA A/S Foreign StockDK0060252690 PNDORA DC 0.51
KUEHNE + NAGEL INTERNATIONAL A Foreign StockCH0025238863 KNIN SW 0.51
ATLAS COPCO AB Foreign StockSE0011166610 ATCOA SS 0.51
SUPER RETAIL GROUP LTD Foreign StockAU000000SUL0 SUL AU 0.51
LABORATORIOS FARMACEUTICOS ROV Foreign StockES0157261019 ROVI SM 0.51
LIFESTYLE COMMUNITIES LTD Foreign StockAU000000LIC9 LIC AU 0.51
ORSTED AS Foreign StockDK0060094928 ORSTED DC 0.51
JUST GROUP PLC Foreign StockGB00BCRX1J15 JUST LN 0.51
COMET HOLDING AG Foreign StockCH0360826991 COTN SW 0.51
M3 INC Foreign StockJP3435750009 2413 JP 0.51
GEBERIT AG Foreign StockCH0030170408 GEBN SW 0.51
PINNACLE INVESTMENT MANAGEMENT Foreign StockAU000000PNI7 PNI AU 0.51
NINTENDO CO LTD Foreign StockJP3756600007 7974 JP 0.51
NICK SCALI LTD Foreign StockAU000000NCK1 NCK AU 0.51
NEXTAGE CO LTD Foreign StockJP3758210003 3186 JP 0.51
OUTSOURCING INC Foreign StockJP3105270007 2427 JP 0.50
TOKMANNI GROUP CORP Foreign StockFI4000197934 TOKMAN FH 0.50
MONOTARO CO LTD Foreign StockJP3922950005 3064 JP 0.50
ZOZO INC Foreign StockJP3399310006 3092 JP 0.50
FLOW TRADERS Foreign StockNL0011279492 FLOW NA 0.50
JB HI-FI LTD Foreign StockAU000000JBH7 JBH AU 0.50
BILIA AB Foreign StockSE0009921588 BILIA SS 0.50
GAMMA COMMUNICATIONS PLC Foreign StockGB00BQS10J50 GAMA LN 0.50
AVANZA BANK HOLDING AB Foreign StockSE0012454072 AZA SS 0.50
SARTORIUS STEDIM BIOTECH Foreign StockFR0013154002 DIM FP 0.50
ADDTECH AB Foreign StockSE0014781795 ADDTB SS 0.50
SUGI HOLDINGS CO LTD Foreign StockJP3397060009 7649 JP 0.50
THULE GROUP AB Foreign StockSE0006422390 THULE SS 0.50
CEWE STIFTUNG & CO KGAA Foreign StockDE0005403901 CWC GR 0.50
SONY GROUP CORP Foreign StockJP3435000009 6758 JP 0.50
SAFESTORE HOLDINGS PLC Foreign StockGB00B1N7Z094 SAFE LN 0.50
TAG IMMOBILIEN AG Foreign StockDE0008303504 TEG GR 0.50
MINERAL RESOURCES LTD Foreign StockAU000000MIN4 MIN AU 0.50
KOEI TECMO HOLDINGS CO LTD Foreign StockJP3283460008 3635 JP 0.50
KINTETSU WORLD EXPRESS INC Foreign StockJP3262900008 9375 JP 0.50
EUROPRIS ASA Foreign StockNO0010735343 EPR NO 0.50
ADMIRAL GROUP PLC Foreign StockGB00B02J6398 ADM LN 0.50
ASHTEAD GROUP PLC Foreign StockGB0000536739 AHT LN 0.50
HUTCHISON PORT HOLDINGS TRUST Foreign StockSG2D00968206 HPHT SP 0.50
WAREHOUSES DE PAUW CVA Foreign StockBE0974349814 WDP BB 0.49
HARVEY NORMAN HOLDINGS LTD Foreign StockAU000000HVN7 HVN AU 0.49
INTEGRAFIN HOLDINGS PLC Foreign StockGB00BD45SH49 IHP LN 0.49
ALTRI SGPS SA Foreign StockPTALT0AE0002 ALTR PL 0.49
ENTRA ASA Foreign StockNO0010716418 ENTRA NO 0.49
TECHNOLOGY ONE LTD Foreign StockAU000000TNE8 TNE AU 0.49
LVMH MOET HENNESSY LOUIS VUITT Foreign StockFR0000121014 MC FP 0.49
NISSEI ASB MACHINE CO LTD Foreign StockJP3678200001 6284 JP 0.49
TRIGANO SA Foreign StockFR0005691656 TRI FP 0.49
CHAMPION IRON LTD Foreign StockAU000000CIA2 CIA AU 0.49
FUJITSU LTD Foreign StockJP3818000006 6702 JP 0.49
POSTE ITALIANE SPA Foreign StockIT0003796171 PST IM 0.49
HIKMA PHARMACEUTICALS PLC Foreign StockGB00B0LCW083 HIK LN 0.49
KAZ MINERALS PLC Foreign StockGB00B0HZPV38 KAZ LN 0.49
VITROLIFE AB Foreign StockSE0011205202 VITR SS 0.49
INVESTOR AB Foreign StockSE0000107419 INVEB SS 0.49
ST JAMESS PLACE PLC Foreign StockGB0007669376 STJ LN 0.49
METCASH LTD Foreign StockAU000000MTS0 MTS AU 0.48
LA FRANCAISE DES JEUX SAEM Foreign StockFR0013451333 FDJ FP 0.48
INDUTRADE AB Foreign StockSE0001515552 INDT SS 0.48
CSL LTD Foreign StockAU000000CSL8 CSL AU 0.48
GAMES WORKSHOP GROUP PLC Foreign StockGB0003718474 GAW LN 0.48
STARHUB LTD Foreign StockSG1V12936232 STH SP 0.48
SOLARIA ENERGIA Y MEDIO AMBIEN Foreign StockES0165386014 SLR SM 0.48
HONG KONG EXCHANGES & CLEARING Foreign StockHK0388045442 388 HK 0.48
BOOHOO GROUP PLC Foreign StockJE00BG6L7297 BOO LN 0.48
SOMFY SA Foreign StockFR0013199916 SO FP 0.48
VERALLIA SA Foreign StockFR0013447729 VRLA FP 0.48
SG HOLDINGS CO LTD Foreign StockJP3162770006 9143 JP 0.48
SBS HOLDINGS INC Foreign StockJP3163500006 2384 JP 0.48
NOMURA RESEARCH INSTITUTE LTD Foreign StockJP3762800005 4307 JP 0.48
ELECTROLUX AB Foreign StockSE0000103814 ELUXB SS 0.48
JD SPORTS FASHION PLC Foreign StockGB00BYX91H57 JD/ LN 0.48
CONTOURGLOBAL PLC Foreign StockGB00BF448H58 GLO LN 0.48
FRASERS GROUP PLC Foreign StockGB00B1QH8P22 FRAS LN 0.48
VISCOFAN SA Foreign StockES0184262212 VIS SM 0.48
BANDAI NAMCO HOLDINGS INC Foreign StockJP3778630008 7832 JP 0.48
UBS GROUP AG Foreign StockCH0244767585 UBSG SW 0.48
ASOS PLC Foreign StockGB0030927254 ASC LN 0.48
FLATEXDEGIRO AG Foreign StockDE000FTG1111 FTK GR 0.48
ALSO HOLDING AG Foreign StockCH0024590272 ALSN SW 0.48
VOESTALPINE AG Foreign StockAT0000937503 VOE AV 0.48
RTL GROUP SA Foreign StockLU0061462528 RRTL GR 0.48
SKANSKA AB Foreign StockSE0000113250 SKAB SS 0.48
METSA BOARD OYJ Foreign StockFI0009000665 METSB FH 0.48
ELDERS LTD Foreign StockAU000000ELD6 ELD AU 0.48
PLATINUM ASSET MANAGEMENT LTD Foreign StockAU000000PTM6 PTM AU 0.48
VGP NV Foreign StockBE0003878957 VGP BB 0.48
BOLIDEN AB Foreign StockSE0012455673 BOL SS 0.47
IMI PLC Foreign StockGB00BGLP8L22 IMI LN 0.47
FORTESCUE METALS GROUP LTD Foreign StockAU000000FMG4 FMG AU 0.47
SUMITOMO CHEMICAL CO LTD Foreign StockJP3401400001 4005 JP 0.47
HITACHI ZOSEN CORP Foreign StockJP3789000001 7004 JP 0.47
DAIMLER AG Foreign StockDE0007100000 DAI GR 0.47
ITOCHU CORP Foreign StockJP3143600009 8001 JP 0.47
EVRAZ PLC Foreign StockGB00B71N6K86 EVR LN 0.47
MONCLER SPA Foreign StockIT0004965148 MONC IM 0.47
JAPFA LTD Foreign StockSG1AB9000005 JAP SP 0.47
TATE & LYLE PLC Foreign StockGB0008754136 TATE LN 0.47
INSTALCO AB Foreign StockSE0009664253 INSTAL SS 0.47
VEIDEKKE ASA Foreign StockNO0005806802 VEI NO 0.47
AURUBIS AG Foreign StockDE0006766504 NDA GR 0.47
PHARMAGEST INTERACTIVE Foreign StockFR0012882389 PHA FP 0.47
SINGAPORE EXCHANGE LTD Foreign StockSG1J26887955 SGX SP 0.47
PURETECH HEALTH PLC Foreign StockGB00BY2Z0H74 PRTC LN 0.47
REVENIO GROUP OYJ Foreign StockFI0009010912 REG1V FH 0.47
RIO TINTO PLC Foreign StockGB0007188757 RIO LN 0.47
PLATZER FASTIGHETER HOLDING AB Foreign StockSE0004977692 PLAZB SS 0.47
AXFOOD AB Foreign StockSE0006993770 AXFO SS 0.47
TIKKURILA OYJ Foreign StockFI4000008719 TIK1V FH 0.47
SESA SPA Foreign StockIT0004729759 SES IM 0.47
BHP GROUP PLC Foreign StockGB00BH0P3Z91 BHP LN 0.47
GJENSIDIGE FORSIKRING ASA Foreign StockNO0010582521 GJF NO 0.46
NAVIGATOR CO SA/THE Foreign StockPTPTI0AM0006 NVG PL 0.46
RIO TINTO LTD Foreign StockAU000000RIO1 RIO AU 0.46
PHOENIX GROUP HOLDINGS PLC Foreign StockGB00BGXQNP29 PHNX LN 0.46
WACOM CO LTD Foreign StockJP3993400005 6727 JP 0.46
ARENA REIT Foreign StockAU000000ARF6 ARF AU 0.46
AZIMUT HOLDING SPA Foreign StockIT0003261697 AZM IM 0.46
CSR LTD Foreign StockAU000000CSR5 CSR AU 0.46
JTC PLC Foreign StockJE00BF4X3P53 JTC LN 0.46
MONTEA C.V.A Foreign StockBE0003853703 MONT BB 0.46
JM AB Foreign StockSE0000806994 JM SS 0.46
PROSIEBENSAT.1 MEDIA SE Foreign StockDE000PSM7770 PSM GR 0.46
ARB CORP LTD Foreign StockAU000000ARB5 ARB AU 0.46
KDDI CORP Foreign StockJP3496400007 9433 JP 0.46
TROAX GROUP AB Foreign StockSE0012729366 TROAX SS 0.46
SOFTBANK GROUP CORP Foreign StockJP3436100006 9984 JP 0.46
MAINFREIGHT LTD Foreign StockNZMFTE0001S9 MFT NZ 0.46
BHP GROUP LTD Foreign StockAU000000BHP4 BHP AU 0.45
T&D HOLDINGS INC Foreign StockJP3539220008 8795 JP 0.45
LINDAB INTERNATIONAL AB Foreign StockSE0001852419 LIAB SS 0.45
SHOEI CO LTD Foreign StockJP3360900009 7839 JP 0.45
MARUWA UNYU KIKAN CO LTD Foreign StockJP3879170003 9090 JP 0.45
LIFCO AB Foreign StockSE0006370730 LIFCOB SS 0.45
M&G PLC Foreign StockGB00BKFB1C65 MNG LN 0.45
CATENA AB Foreign StockSE0001664707 CATE SS 0.45
NOVO NORDISK A/S Foreign StockDK0060534915 NOVOB DC 0.45
CHUGAI PHARMACEUTICAL CO LTD Foreign StockJP3519400000 4519 JP 0.45
VIDRALA SA Foreign StockES0183746314 VID SM 0.45
CIE AUTOMOTIVE SA Foreign StockES0105630315 CIE SM 0.45
MEDIASET SPA Foreign StockIT0001063210 MS IM 0.44
RESORTTRUST INC Foreign StockJP3974450003 4681 JP 0.44
CLOSE BROTHERS GROUP PLC Foreign StockGB0007668071 CBG LN 0.44
COVESTRO AG Foreign StockDE0006062144 1COV GR 0.43
SANDFIRE RESOURCES LTD Foreign StockAU000000SFR8 SFR AU 0.43
SUMMERSET GROUP HOLDINGS LTD Foreign StockNZSUME0001S0 SUM NZ 0.42
NETWEALTH GROUP LTD Foreign StockAU000000NWL7 NWL AU 0.42
MEDIASET ESPANA COMUNICACION S Foreign StockES0152503035 TL5 SM 0.42
SECTRA AB Foreign StockSE0014609061 SECTB SS 0.41
BEST WORLD INTERNATIONAL LTD Foreign StockSG1DG3000004 BEST SP 0.03
Currency Security 0.17

As at: 8 April 2021
Holdings are subject to change

99.85%

Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 0.77% (as at 8 Apr 2021)

ZXM.BTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$3.41630$2.04810$1.36820--$0.01238$0.90767$0.17010$2.57534$0.31289
2021 +$0.06370$0.06370--------
25-Mar$0.06370$0.06370--------
2020 +$0.31880$0.31580$0.00300---$0.03327-$0.32078$0.03525
30-Dec$0.00300-$0.00300---$0.00031-$0.00302$0.00033
23-Dec$0.08670$0.08670----$0.00905-$0.08724$0.00959
24-Sep$0.08670$0.08670----$0.00905-$0.08724$0.00959
24-Jun$0.07120$0.07120----$0.00743-$0.07164$0.00787
25-Mar$0.07120$0.07120----$0.00743-$0.07164$0.00787
2019 +$0.62920$0.38920$0.24000-----$0.73008$0.10088
30-Dec$0.24000-$0.24000-----$0.27848$0.03848
23-Dec$0.10080$0.10080------$0.11696$0.01616
24-Sep$0.10080$0.10080------$0.11696$0.01616
24-Jun$0.09380$0.09380------$0.10884$0.01504
25-Mar$0.09380$0.09380------$0.10884$0.01504
2018 +$1.29100$0.38900$0.90200---$0.87440-$0.48484$0.06824
28-Dec$0.90200-$0.90200---$0.61093-$0.33876$0.04769
21-Dec$0.10790$0.10790----$0.07308-$0.04052$0.00570
24-Sep$0.10790$0.10790----$0.07308-$0.04052$0.00570
25-Jun$0.10790$0.10790----$0.07308-$0.04052$0.00570
23-Mar$0.06530$0.06530----$0.04423-$0.02452$0.00345
2017 +$0.37480$0.27480$0.10000----$0.00920$0.41989$0.05429
28-Dec$0.06150$0.06150-----$0.00151$0.06890$0.00891
28-Dec$0.10000-$0.10000----$0.00245$0.11203$0.01448
28-Sep$0.06150$0.06150-----$0.00151$0.06890$0.00891
29-Jun$0.07110$0.07110-----$0.00175$0.07965$0.01030
30-Mar$0.08070$0.08070-----$0.00198$0.09041$0.01169
2016 +$0.42340$0.30020$0.12320----$0.00006$0.46683$0.04349
29-Dec$0.07130$0.07130-----$0.00001$0.07861$0.00732
29-Dec$0.12320-$0.12320----$0.00002$0.13584$0.01266
29-Sep$0.07160$0.07160-----$0.00001$0.07895$0.00736
29-Jun$0.07870$0.07870-----$0.00001$0.08677$0.00808
30-Mar$0.07860$0.07860-----$0.00001$0.08666$0.00807
2015 +$0.28960$0.28960-----$0.15719$0.14155$0.00914
30-Dec$0.08580$0.08580-----$0.04657$0.04194$0.00271
29-Sep$0.06710$0.06710-----$0.03642$0.03280$0.00212
29-Jun$0.06770$0.06770-----$0.03675$0.03309$0.00214
30-Mar$0.06900$0.06900-----$0.03745$0.03372$0.00217
2014 +$0.02580$0.02580---$0.01238-$0.00365$0.01137$0.00160
30-Dec$0.02580$0.02580---$0.01238-$0.00365$0.01137$0.00160

(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

23 Oct 2015 CI Financial scoops up ETF provider First Asset Capital The Globe and Mail | Clare O'Hara
21 Jul 2015 Stripping away preconceived notions of fixed income Financial Post | John Pagliacci

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, 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 Morningstar International Momentum Index ETF (Unhedged) please click here