CI Morningstar Canada Momentum Index ETF

Fund Overview

The Fund has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Momentum IndexTM (the "Index"), net of expenses. The Fund invests in equity securities of the largest and most liquid Canadian public issuers based upon proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers 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.

Investor suitability
For those who:

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


WXM 4.18%3.50%3.44%21.86%21.86%12.55%18.51%12.00%11.84%11.08%
As at: 31 Dec 2021 - Benchmark: S&P/TSX Composite Index (Total Return)


Historical NAVs

Sector Breakdown

As at November 30, 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 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 Securities30
Price/Earnings Ratio9.66
Price/Book Ratio2.12
As at 30 Nov, 2021

Index Risk Return Measures

Time period: 12/29/2000 to 11/30/2021 Index Benchmark
Return (% annualized)12.866.87
Std Dev14.3113.52
Sortino Ratio1.180.58
Up Capture109.73100.00
Down Capture76.46100.00
As at 30 Nov, 2021
Index: Morningstar® Canada Target Momentum Index TR
Benchmark: S&P/TSX Composite TR Index

Number of securities: 30

Asset Allocation

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


NameSecurity TypeISINTicker %
Crescent Point Energy Corp Common StockCA22576C1014 CPG CN 3.86
ARC Resources Ltd Common StockCA00208D4084 ARX CN 3.86
Cenovus Energy Inc Common StockCA15135U1093 CVE CN 3.83
TOURMALINE OIL CORP Common StockCA89156V1067 TOU CN 3.73
Laurentian Bank of Canada Common StockCA51925D1069 LB CN 3.70
Aritzia Inc Common StockCA04045U1021 ATZ CN 3.53
AutoCanada Inc. Common StockCA05277B2093 ACQ CN 3.52
AltaGas Ltd Common StockCA0213611001 ALA CN 3.50
Finning International Inc Common StockCA3180714048 FTT CN 3.49
Enerplus Corp Common StockCA2927661025 ERF CN 3.48
Bank of Montreal Common StockCA0636711016 BMO CN 3.44
DOLLARAMA INC Common StockCA25675T1075 DOL CN 3.43
Quebecor Inc Common StockCA7481932084 QBR/B CN 3.42
Westshore Terminals Investment Corp Common StockCA96145A2002 WTE CN 3.40
National Bank of Canada Common StockCA6330671034 NA CN 3.34
ATS Automation Tooling Systems Inc Common StockCA0019401052 ATA CN 3.34
Nutrien Ltd Common StockCA67077M1086 NTR CN 3.32
Tricon Residential Inc Common StockCA89612W1023 TCN CN 3.26
Intertape Polymer Group Inc Common StockCA4609191032 ITP CN 3.23
BRP INC Common StockCA05577W2004 DOO CN 3.22
ONEX CORP Common StockCA68272K1030 ONEX CN 3.16
Russel Metals Inc Common StockCA7819036046 RUS CN 3.14
Colliers International Group Inc Common StockCA1946931070 CIGI CN 3.12
GILDAN ACTIVEWEAR INC Common StockCA3759161035 GIL CN 3.06
Constellation Software Inc/Canada Common StockCA21037X1006 CSU CN 3.05
North West Co Inc/The Common StockCA6632782083 NWC CN 3.00
goeasy Ltd Common StockCA3803551074 GSY CN 2.97
TFI International Inc Common StockCA87241L1094 TFII CN 2.95
Stelco Holdings Inc Common StockCA8585221051 STLC CN 2.72
FIRSTSERVICE CORP Common StockCA33767E2024 FSV CN 2.64
US DOLLAR Currency Security 0.01

As at: 20 January 2022
Holdings are subject to change



Distribution details (.csv)

Twelve month trailing distribution yield : 1.05% (as at 20 Jan 2022)

WXMTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
2021 +$3.43590$0.25690$3.17900-------
2020 +$0.17230$0.16030$0.01200$0.16904---$0.00326--
2019 +$0.21100$0.18600$0.02500$0.20692---$0.00408--
2018 +$0.58040$0.21940$0.36100$0.11643--$0.46397---
2017 +$0.23460$0.22460$0.01000$0.22646---$0.00814--
2016 +$0.23650$0.23650-$0.19768---$0.03882--
2015 +$0.30640$0.21060$0.09580$0.21572--$0.09062$0.00006--
2014 +$0.27570$0.18790$0.08780$0.15132--$0.12438---
2013 +$0.21375$0.21375-$0.09855---$0.11520--
2012 +$0.17780$0.17780-$0.12706---$0.05074--

(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.


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
23 Jan 2015 Welcome to The Globe and Mail ETF Buyer's Guide - 2015 edition The Globe and Mail | Rob Carrick
30 Sep 2014 A look inside Canada's hottest ETFs Special to the Globe and Mail | Andrew Hallam
18 Jun 2014 First Asset ETFs June Distributions Marketwired
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13 May 2014 Behind the Scenes with Smart Beta
5 May 2014 Taming Wild Currency Plays
14 Apr 2014 Fifteen top Canadian equity funds The Globe and Mail | Jacqueline Nelson
19 Mar 2014 First Asset ETFs March Distributions Marketwired
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10 Dec 2013 Intelligent indexing puts a new spin on ETF investing Special to Financial Post
31 Oct 2013 Momentum's momentum ... and Momentum in value! ETF Insight | Yves Rebetez
17 Oct 2013 Scouring for ETFs that mix growth, value The Globe and Mail | Ian McGugan
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24 Apr 2013 When following the herd pays off Financial Post | Kim Inglis
19 Mar 2013 First Asset ETFs Deliver Top Results Marketwired
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13 Feb 2012 XTF Insight: The evolution of ETFs Financial Post | Postmedia for XTF | Barry Gordon
8 Feb 2012 ETFs spurring shift to fee-based advice The Globe and Mail | John Heinzl
6 Feb 2012 Two new 'intelligent index' funds to begin trading Financial Post | Jonathan Chevreau
6 Feb 2012 XTF Insight: Understanding the basics of ETF liquidity Financial Post | Postmedia for XTF
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22 Apr, 2021 - 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 Morningstar Canada Momentum Index ETF please click here