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CI Morningstar National Bank Quebec Index ETF - Common Units

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Canadian Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2019, 2018, 2017, 2016, 2015

Click for more information on Fundata’s FundGrade

NAVPS
(08-08-2025) 		$34.01
Change
$0.11 (0.31%)

As at June 30, 2025

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$12,000$14,000$16,000Period

Legend

CI Morningstar National Bank Quebec Index ETF - Common Units

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Fund Returns

Inception Return (February 02, 2012): 11.06%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 4.42% 12.45% 6.24% 6.24% 19.35% 13.60% 16.20% 7.82% 14.37% 9.26% 8.56% 8.88% 9.44% 8.46%
Benchmark 2.91% 8.53% 10.17% 10.17% 26.37% 19.03% 16.09% 10.74% 15.02% 11.96% 10.77% 10.72% 10.76% 9.61%
Category Average 2.57% 8.38% 9.10% 9.10% 21.89% 15.99% 13.69% 9.49% 13.72% 10.29% 9.01% 8.80% 8.93% 7.96%
Category Rank 17 / 750 7 / 745 673 / 740 673 / 740 615 / 725 626 / 702 116 / 681 538 / 602 287 / 571 442 / 540 370 / 492 290 / 463 224 / 431 202 / 388
Quartile Ranking 1 1 4 4 4 4 1 4 3 4 4 3 3 3

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 5.15% -0.39% 3.68% 1.14% 5.24% -2.80% -1.24% -1.61% -2.78% 1.26% 6.35% 4.42%
Benchmark 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91%

Best Monthly Return Since Inception

14.01% (November 2020)

Worst Monthly Return Since Inception

-19.92% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 1.30% 11.22% 16.18% -9.30% 24.51% 1.35% 17.22% -6.73% 13.40% 19.76%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking 1 4 1 3 1 3 4 3 1 2
Category Rank 15/ 379 385/ 407 1/ 450 241/ 476 44/ 522 347/ 548 554/ 583 473/ 651 107/ 688 284/ 715

Best Calendar Return (Last 10 years)

24.51% (2019)

Worst Calendar Return (Last 10 years)

-9.30% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 99.64
Income Trust Units 0.26
Cash and Equivalents 0.10

Sector Allocation

Sector Allocation
Name Percent
Industrial Services 17.80
Financial Services 16.52
Consumer Services 14.79
Real Estate 11.48
Consumer Goods 9.69
Other 29.72

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Atkinsrealis Group Inc 6.14
Dollarama Inc 5.45
National Bank of Canada 5.24
CAE Inc 5.11
WSP Global Inc 5.08
iA Financial Corp Inc 4.81
Metro Inc 4.77
Power Corp of Canada 4.63
Canadian National Railway Co 4.48
Gildan Activewear Inc Cl A 4.47

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return56789101112131415161718190%5%10%15%20%25%30%

CI Morningstar National Bank Quebec Index ETF - Common Units

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 11.77% 13.42% 13.65%
Beta 0.84% 0.93% 0.96%
Alpha 0.02% 0.01% -0.01%
Rsquared 0.81% 0.79% 0.82%
Sharpe 1.00% 0.88% 0.54%
Sortino 2.09% 1.52% 0.63%
Treynor 0.14% 0.13% 0.08%
Tax Efficiency 96.20% 95.88% 93.48%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.53% 11.77% 13.42% 13.65%
Beta 0.93% 0.84% 0.93% 0.96%
Alpha -0.04% 0.02% 0.01% -0.01%
Rsquared 0.74% 0.81% 0.79% 0.82%
Sharpe 1.31% 1.00% 0.88% 0.54%
Sortino 3.11% 2.09% 1.52% 0.63%
Treynor 0.16% 0.14% 0.13% 0.08%
Tax Efficiency 96.72% 96.20% 95.88% 93.48%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A70.8​70.841.4​41.40%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A54.5​54.545.5​45.50%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A58.3​58.338.4​38.40%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A64.7​64.738.0​38.00%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date February 02, 2012
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $79

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

The CI Morningstar National Bank Québec Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® National Bank Québec Index, net of expenses. The First Asset Morningstar National Bank Québec Index ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Québec.

Investment Strategy

The XTF Morningstar National Bank Québec Index ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Québec.

Portfolio Management

Portfolio Manager

CI Global Asset Management
Sub-Advisor

-

Management and Organization

Fund Manager

CI Global Asset Management
Custodian

CIBC Mellon Trust Company
Registrar

TSX Trust Company
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.57%
Management Fee 0.50%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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