CI First Asset Morningstar International Momentum Index ETF (Unhedged)

 Fund Profile  Index Construction Rules   Prospectus      

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 2.25%9.52%33.62%12.87%23.65%8.76%8.57%9.48%9.17%11.72%
Benchmark-0.15%2.78%12.98%-4.30%1.39%1.22%2.85%5.38%5.18%6.06%
As at: 30 Sep 2020 - Benchmark: MSCI EAFE NR Index (Unhedged)

 

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 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 Securities200
Price/Earnings Ratio18.76
Price/Book Ratio3.96
As at 30 Sep, 2020

Index Risk Return Measures

Time period: 12/15/2000 to 09/30/2020 Index Benchmark
Return (% annualized)11.893.68
Std Dev13.8312.84
Beta0.931.00
Sharpe0.740.20
Sortino Ratio1.100.27
Up Capture113.72100.00
Down Capture68.55100.00
As at 30 Sep, 2020
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 Stock99.96%
Currency Security0.04%

Holdings

NameSecurity TypeISINTicker %
RAKUS CO LTD Foreign StockJP3967170006 3923 JP 0.67
888 HOLDINGS PLC Foreign StockGI000A0F6407 888 LN 0.66
KAINOS GROUP PLC Foreign StockGB00BZ0D6727 KNOS LN 0.65
BAYCURRENT CONSULTING INC Foreign StockJP3835250006 6532 JP 0.65
NIHON M&A CENTER INC Foreign StockJP3689050007 2127 JP 0.64
MONOTARO CO LTD Foreign StockJP3922950005 3064 JP 0.62
NETWEALTH GROUP LTD Foreign StockAU000000NWL7 NWL AU 0.60
TRI CHEMICAL LABORATORIES INC Foreign StockJP3636000006 4369 JP 0.60
LOGITECH INTERNATIONAL SA Foreign StockCH0025751329 LOGN SW 0.60
INSTALCO AB Foreign StockSE0009664253 INSTAL SS 0.60
GAMES WORKSHOP GROUP PLC Foreign StockGB0003718474 GAW LN 0.60
EVOLUTION GAMING GROUP AB Foreign StockSE0012673267 EVO SS 0.59
SBS HOLDINGS INC Foreign StockJP3163500006 2384 JP 0.59
GMO PAYMENT GATEWAY INC Foreign StockJP3385890003 3769 JP 0.58
SG HOLDINGS CO LTD Foreign StockJP3162770006 9143 JP 0.57
CAPCOM CO LTD Foreign StockJP3218900003 9697 JP 0.56
THULE GROUP AB Foreign StockSE0006422390 THULE SS 0.56
JAPAN ELEVATOR SERVICE HOLDING Foreign StockJP3389510003 6544 JP 0.56
HOYA CORP Foreign StockJP3837800006 7741 JP 0.56
HELLOFRESH SE Foreign StockDE000A161408 HFG GR 0.56
EDP RENOVAVEIS SA Foreign StockES0127797019 EDPR PL 0.56
SARTORIUS STEDIM BIOTECH Foreign StockFR0013154002 DIM FP 0.56
NEXON CO LTD Foreign StockJP3758190007 3659 JP 0.56
STILLFRONT GROUP AB Foreign StockSE0007704788 SF SS 0.55
KESKO OYJ Foreign StockFI0009000202 KESKOB FH 0.55
POSTNL NV Foreign StockNL0009739416 PNL NA 0.55
Z HOLDINGS CORP Foreign StockJP3933800009 4689 JP 0.55
LASERTEC CORP Foreign StockJP3979200007 6920 JP 0.55
SOLARIA ENERGIA Y MEDIO AMBIEN Foreign StockES0165386014 SLR SM 0.55
MARUWA UNYU KIKAN CO LTD Foreign StockJP3879170003 9090 JP 0.55
KINDRED GROUP PLC Foreign StockSE0007871645 KINDSDB SS 0.55
ELDERS LTD Foreign StockAU000000ELD6 ELD AU 0.54
TECHNOLOGY ONE LTD Foreign StockAU000000TNE8 TNE AU 0.54
MCJ CO LTD Foreign StockJP3167420003 6670 JP 0.54
ADVANTEST CORP Foreign StockJP3122400009 6857 JP 0.54
BENEFIT ONE INC Foreign StockJP3835630009 2412 JP 0.53
TOKYO ELECTRON LTD Foreign StockJP3571400005 8035 JP 0.53
LINDAB INTERNATIONAL AB Foreign StockSE0001852419 LIAB SS 0.53
PLUS500 LTD Foreign StockIL0011284465 PLUS LN 0.53
VALUECOMMERCE CO LTD Foreign StockJP3778390009 2491 JP 0.53
SPIRAX-SARCO ENGINEERING PLC Foreign StockGB00BWFGQN14 SPX LN 0.53
FUSO CHEMICAL CO LTD Foreign StockJP3822600007 4368 JP 0.53
JAPFA LTD Foreign StockSG1AB9000005 JAP SP 0.53
ASM INTERNATIONAL NV Foreign StockNL0000334118 ASM NA 0.53
VAISALA OYJ Foreign StockFI0009900682 VAIAS FH 0.53
ANRITSU CORP Foreign StockJP3128800004 6754 JP 0.53
BETSSON AB Foreign StockSE0014186532 BETSB SS 0.53
NOMURA RESEARCH INSTITUTE LTD Foreign StockJP3762800005 4307 JP 0.53
GAMMA COMMUNICATIONS PLC Foreign StockGB00BQS10J50 GAMA LN 0.52
RIVERSTONE HOLDINGS LTD/SINGAP Foreign StockSG1U22933048 RSTON SP 0.52
SECTRA AB Foreign StockSE0014609061 SECTB SS 0.52
PARADOX INTERACTIVE AB Foreign StockSE0008294953 PDX SS 0.52
TECHMATRIX CORP Foreign StockJP3545130001 3762 JP 0.52
DAIWABO HOLDINGS CO LTD Foreign StockJP3505400006 3107 JP 0.52
HARVEY NORMAN HOLDINGS LTD Foreign StockAU000000HVN7 HVN AU 0.52
UPONOR OYJ Foreign StockFI0009002158 UPONOR FH 0.52
TEAM17 GROUP PLC Foreign StockGB00BYVX2X20 TM17 LN 0.52
AXFOOD AB Foreign StockSE0006993770 AXFO SS 0.52
KUEHNE + NAGEL INTERNATIONAL A Foreign StockCH0025238863 KNIN SW 0.52
PANDORA A/S Foreign StockDK0060252690 PNDORA DC 0.52
INDUTRADE AB Foreign StockSE0001515552 INDT SS 0.52
SINCH AB Foreign StockSE0007439112 SINCH SS 0.52
NESTE OYJ Foreign StockFI0009013296 NESTE FH 0.52
AUTO TRADER GROUP PLC Foreign StockGB00BVYVFW23 AUTO LN 0.52
HUSQVARNA AB Foreign StockSE0001662230 HUSQB SS 0.52
BILIA AB Foreign StockSE0009921588 BILIA SS 0.52
CODAN LTD/AUSTRALIA Foreign StockAU000000CDA3 CDA AU 0.52
FISHER & PAYKEL HEALTHCARE COR Foreign StockNZFAPE0001S2 FPH NZ 0.51
COMPUTACENTER PLC Foreign StockGB00BV9FP302 CCC LN 0.51
NOVO NORDISK A/S Foreign StockDK0060534915 NOVOB DC 0.51
SAFESTORE HOLDINGS PLC Foreign StockGB00B1N7Z094 SAFE LN 0.51
SPIRENT COMMUNICATIONS PLC Foreign StockGB0004726096 SPT LN 0.51
SINGAPORE EXCHANGE LTD Foreign StockSG1J26887955 SGX SP 0.51
RECORDATI INDUSTRIA CHIMICA E Foreign StockIT0003828271 REC IM 0.51
REVENIO GROUP OYJ Foreign StockFI0009010912 REG1V FH 0.51
STARHUB LTD Foreign StockSG1V12936232 STH SP 0.51
JB HI-FI LTD Foreign StockAU000000JBH7 JBH AU 0.51
ASHTEAD GROUP PLC Foreign StockGB0000536739 AHT LN 0.51
ADMIRAL GROUP PLC Foreign StockGB00B02J6398 ADM LN 0.51
RORZE CORP Foreign StockJP3982200002 6323 JP 0.50
ASML HOLDING NV Foreign StockNL0010273215 ASML NA 0.50
GEBERIT AG Foreign StockCH0030170408 GEBN SW 0.50
BACHEM HOLDING AG Foreign StockCH0012530207 BANB SW 0.50
FUJITSU LTD Foreign StockJP3818000006 6702 JP 0.50
AVANZA BANK HOLDING AB Foreign StockSE0012454072 AZA SS 0.50
FERREXPO PLC Foreign StockGB00B1XH2C03 FXPO LN 0.50
AVON RUBBER PLC Foreign StockGB0000667013 AVON LN 0.50
EUROPRIS ASA Foreign StockNO0010735343 EPR NO 0.50
KEPPEL DC REIT Foreign StockSG1AF6000009 KDCREIT SP 0.50
CYBOZU INC Foreign StockJP3312100005 4776 JP 0.50
CHUGOKU ELECTRIC POWER CO INC/ Foreign StockJP3522200009 9504 JP 0.50
REPLY SPA Foreign StockIT0005282865 REY IM 0.50
HIKARI TSUSHIN INC Foreign StockJP3783420007 9435 JP 0.50
WALLENSTAM AB Foreign StockSE0007074844 WALLB SS 0.49
CSL LTD Foreign StockAU000000CSL8 CSL AU 0.49
S-POOL INC Foreign StockJP3163900008 2471 JP 0.49
KAZ MINERALS PLC Foreign StockGB00B0HZPV38 KAZ LN 0.49
STRAUSS GROUP LTD Foreign StockIL0007460160 STRS IT 0.49
JCU CORP Foreign StockJP3166200000 4975 JP 0.49
HORNBACH BAUMARKT AG Foreign StockDE0006084403 HBM GR 0.49
MAN WAH HOLDINGS LTD Foreign StockBMG5800U1071 1999 HK 0.49
CHARTER HALL GROUP Foreign StockAU000000CHC0 CHC AU 0.49
HIGHLAND GOLD MINING LTD Foreign StockGB0032360173 HGM LN 0.49
ZOZO INC Foreign StockJP3399310006 3092 JP 0.49
MAGELLAN FINANCIAL GROUP LTD Foreign StockAU000000MFG4 MFG AU 0.49
MAPLETREE LOGISTICS TRUST Foreign StockSG1S03926213 MLT SP 0.49
BE SEMICONDUCTOR INDUSTRIES NV Foreign StockNL0012866412 BESI NA 0.49
CMC MARKETS PLC Foreign StockGB00B14SKR37 CMCX LN 0.49
TOKMANNI GROUP CORP Foreign StockFI4000197934 TOKMAN FH 0.48
ADDTECH AB Foreign StockSE0014781795 ADDTB SS 0.48
TAG IMMOBILIEN AG Foreign StockDE0008303504 TEG GR 0.48
NOLATO AB Foreign StockSE0000109811 NOLAB SS 0.48
HONG KONG EXCHANGES & CLEARING Foreign StockHK0388045442 388 HK 0.48
BWP TRUST Foreign StockAU000000BWP3 BWP AU 0.48
VITROLIFE AB Foreign StockSE0011205202 VITR SS 0.48
FERRARI NV Foreign StockNL0011585146 RACE IM 0.48
WACOM CO LTD Foreign StockJP3993400005 6727 JP 0.48
WOLTERS KLUWER NV Foreign StockNL0000395903 WKL NA 0.48
COSMOS PHARMACEUTICAL CORP Foreign StockJP3298400007 3349 JP 0.48
CHAMPION IRON LTD Foreign StockAU000000CIA2 CIA AU 0.48
WAYPOINT REIT Foreign StockAU0000088064 WPR AU 0.48
COLES GROUP LTD Foreign StockAU0000030678 COL AU 0.48
SEGRO PLC Foreign StockGB00B5ZN1N88 SGRO LN 0.48
ORION OYJ Foreign StockFI0009014377 ORNBV FH 0.48
TERNA RETE ELETTRICA NAZIONALE Foreign StockIT0003242622 TRN IM 0.48
CEMBRA MONEY BANK AG Foreign StockCH0225173167 CMBN SW 0.48
ROYAL UNIBREW A/S Foreign StockDK0060634707 RBREW DC 0.48
HASTINGS GROUP HOLDINGS PLC Foreign StockGB00BYRJH519 HSTG LN 0.48
VGP NV Foreign StockBE0003878957 VGP BB 0.48
BELIMO HOLDING AG Foreign StockCH0001503199 BEAN SW 0.48
ATLAS COPCO AB Foreign StockSE0011166610 ATCOA SS 0.48
KONINKLIJKE VOPAK NV Foreign StockNL0009432491 VPK NA 0.48
ASOS PLC Foreign StockGB0030927254 ASC LN 0.48
KOHNAN SHOJI CO LTD Foreign StockJP3283750002 7516 JP 0.48
SHENG SIONG GROUP LTD Foreign StockSG2D54973185 SSG SP 0.48
INVESTOR AB Foreign StockSE0000107419 INVEB SS 0.48
TROAX GROUP AB Foreign StockSE0012729366 TROAX SS 0.47
SKANSKA AB Foreign StockSE0000113250 SKAB SS 0.47
SONY CORP Foreign StockJP3435000009 6758 JP 0.47
OTSUKA CORP Foreign StockJP3188200004 4768 JP 0.47
WAREHOUSES DE PAUW CVA Foreign StockBE0974349814 WDP BB 0.47
KONE OYJ Foreign StockFI0009013403 KNEBV FH 0.47
IG GROUP HOLDINGS PLC Foreign StockGB00B06QFB75 IGG LN 0.47
RAIZNEXT CORP Foreign StockJP3331600001 6379 JP 0.47
PARTNERS GROUP HOLDING AG Foreign StockCH0024608827 PGHN SW 0.47
GENMAB A/S Foreign StockDK0010272202 GMAB DC 0.47
INTEGRAFIN HOLDINGS PLC Foreign StockGB00BD45SH49 IHP LN 0.47
HIKMA PHARMACEUTICALS PLC Foreign StockGB00B0LCW083 HIK LN 0.47
ACEA SPA Foreign StockIT0001207098 ACE IM 0.47
BECHTLE AG Foreign StockDE0005158703 BC8 GR 0.47
WELCIA HOLDINGS CO LTD Foreign StockJP3274280001 3141 JP 0.47
OBIC CO LTD Foreign StockJP3173400007 4684 JP 0.47
NINTENDO CO LTD Foreign StockJP3756600007 7974 JP 0.46
ASX LTD Foreign StockAU000000ASX7 ASX AU 0.46
BOLIDEN AB Foreign StockSE0012455673 BOL SS 0.46
LION CORP Foreign StockJP3965400009 4912 JP 0.46
ILIAD SA Foreign StockFR0004035913 ILD FP 0.46
KOBE BUSSAN CO LTD Foreign StockJP3291200008 3038 JP 0.46
KDDI CORP Foreign StockJP3496400007 9433 JP 0.46
CATENA AB Foreign StockSE0001664707 CATE SS 0.46
KONINKLIJKE AHOLD DELHAIZE NV Foreign StockNL0011794037 AD NA 0.46
BIOTAGE AB Foreign StockSE0000454746 BIOT SS 0.46
VISCOFAN SA Foreign StockES0184262212 VIS SM 0.46
ARTERIA NETWORKS CORP Foreign StockJP3126240005 4423 JP 0.46
ITOCHU CORP Foreign StockJP3143600009 8001 JP 0.46
NCC AB Foreign StockSE0000117970 NCCB SS 0.46
ALSO HOLDING AG Foreign StockCH0024590272 ALSN SW 0.45
CHUGAI PHARMACEUTICAL CO LTD Foreign StockJP3519400000 4519 JP 0.45
JAPAN EXCHANGE GROUP INC Foreign StockJP3183200009 8697 JP 0.45
SOFTCAT PLC Foreign StockGB00BYZDVK82 SCT LN 0.45
GALENICA AG Foreign StockCH0360674466 GALE SW 0.45
BOOHOO GROUP PLC Foreign StockJE00BG6L7297 BOO LN 0.45
SUGI HOLDINGS CO LTD Foreign StockJP3397060009 7649 JP 0.45
KUSURI NO AOKI HOLDINGS CO LTD Foreign StockJP3266190002 3549 JP 0.45
MONTEA C.V.A Foreign StockBE0003853703 MONT BB 0.44
IR JAPAN HOLDINGS LTD Foreign StockJP3100640006 6035 JP 0.44
EURONEXT NV Foreign StockNL0006294274 ENX FP 0.44
SWECO AB Foreign StockSE0000489098 SWECB SS 0.44
EISAI CO LTD Foreign StockJP3160400002 4523 JP 0.44
ROCHE HOLDING AG Foreign StockCH0012032048 ROG SW 0.44
POLYMETAL INTERNATIONAL PLC Foreign StockJE00B6T5S470 POLY LN 0.44
KARDEX HOLDING AG Foreign StockCH0100837282 KARN SW 0.44
FORTESCUE METALS GROUP LTD Foreign StockAU000000FMG4 FMG AU 0.44
RAMELIUS RESOURCES LTD Foreign StockAU000000RMS4 RMS AU 0.44
KOJAMO OYJ Foreign StockFI4000312251 KOJAMO FH 0.44
ORACLE CORP JAPAN Foreign StockJP3689500001 4716 JP 0.44
ELISA OYJ Foreign StockFI0009007884 ELISA FH 0.43
GLAXOSMITHKLINE PLC Foreign StockGB0009252882 GSK LN 0.42
DAIICHI SANKYO CO LTD Foreign StockJP3475350009 4568 JP 0.42
EARTH CORP Foreign StockJP3100190002 4985 JP 0.42
SELVAAG BOLIG ASA Foreign StockNO0010612450 SBO NO 0.42
MINERAL RESOURCES LTD Foreign StockAU000000MIN4 MIN AU 0.42
A2 MILK CO LTD/THE Foreign StockNZATME0002S8 ATM NZ 0.41
FALCK RENEWABLES SPA Foreign StockIT0003198790 FKR IM 0.41
MORPHOSYS AG Foreign StockDE0006632003 MOR GR 0.41
FLOW TRADERS Foreign StockNL0011279492 FLOW NA 0.41
FJORDKRAFT HOLDING ASA Foreign StockNO0010815673 FKRAFT NO 0.40
VARTA AG Foreign StockDE000A0TGJ55 VAR1 GR 0.40
BEIJER REF AB Foreign StockSE0011116508 BEIJB SS 0.39
BIOGAIA AB Foreign StockSE0000470395 BIOGB SS 0.38
BEST WORLD INTERNATIONAL LTD Foreign StockSG1DG3000004 BEST SP 0.04
Currency Security 0.04

As at: 23 October 2020
Holdings are subject to change

99.6%

Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 0.93% (as at 23 Oct 2020)

ZXM.BTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$3.26290$1.89770$1.36520--$0.01238$0.87440$0.17010$2.25456$0.27764
2020 +$0.22910$0.22910--------
24-Sep$0.08670$0.08670--------
24-Jun$0.07120$0.07120--------
25-Mar$0.07120$0.07120--------
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$0.12320-$0.12320----$0.00002$0.13584$0.01266
29-Dec$0.07130$0.07130-----$0.00001$0.07861$0.00732
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

ETF Facts

22 Apr, 2020 - ETF Facts

Financial Statements

30 Jun, 2020 - Semi-Annual Financial Statements

31 Dec, 2019 - Annual Financial Statements

Management Report of Fund Performance

30 Jun, 2020 - Management Report of Fund Performance

31 Dec, 2019 - Annual Management Report of Fund Performance

Quarterly Portfolio Disclosure

31 Mar, 2020 - Summary of Investment Portfolio

30 Sep, 2019 - Summary of Investment Portfolio

Proxy Voting Record

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

Independent Review Committee Report to Securityholders

12 Mar, 2020 - Independent Review Committee Report to Securityholders

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