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CI Morningstar International Momentum Index ETF - Hedged Common Units
International Equity
Click for more information on Fundata’s FundGrade
FundGrade A
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade E
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FundGrade A+® Rating Recipient
2025, 2022, 2021
Click for more information on Fundata’s FundGrade
|
NAVPS (08-05-2026) |
$64.77 |
|---|---|
| Change |
$0.99
(1.55%)
|
As at June 30, 2026
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (November 13, 2014): 13.04%
| 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 | 2.30% | 13.78% | 16.42% | 16.42% | 35.95% | 27.41% | 25.72% | 22.68% | 13.85% | 16.81% | 15.75% | 13.18% | 13.37% | 13.83% |
| Benchmark | 2.50% | 17.58% | 19.46% | 19.46% | 33.58% | 25.23% | 21.66% | 21.46% | 12.54% | 14.17% | 12.00% | 10.28% | 10.14% | 11.21% |
| Category Average | 2.94% | 11.33% | 10.56% | 10.56% | 17.26% | 15.79% | 14.51% | 15.45% | 7.94% | 10.28% | 8.69% | 7.61% | 7.36% | 8.43% |
| Category Rank | 627 / 872 | 225 / 861 | 90 / 850 | 90 / 850 | 16 / 807 | 16 / 756 | 9 / 723 | 22 / 691 | 34 / 676 | 15 / 643 | 2 / 607 | 1 / 549 | 1 / 504 | 3 / 452 |
| Quartile Ranking | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.12% | 3.65% | 2.06% | 3.72% | 2.21% | 0.98% | 5.46% | 7.30% | -9.57% | 7.99% | 2.99% | 2.30% |
| Benchmark | 0.51% | 3.32% | 3.56% | 2.68% | -0.03% | 1.29% | 5.56% | 6.62% | -9.73% | 7.20% | 7.01% | 2.50% |
Best Monthly Return Since Inception
11.03% (April 2020)
Worst Monthly Return Since Inception
-13.20% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -4.40% | 26.82% | -16.68% | 29.85% | 16.56% | 24.89% | -20.72% | 15.39% | 21.24% | 35.49% |
| Benchmark | -1.70% | 18.37% | -6.81% | 16.27% | 8.01% | 8.97% | -10.67% | 15.74% | 11.18% | 27.50% |
| Category Average | -2.56% | 17.84% | -8.91% | 17.54% | 7.87% | 8.64% | -12.60% | 13.75% | 10.76% | 17.77% |
| Quartile Ranking | 3 | 1 | 4 | 1 | 1 | 1 | 4 | 2 | 1 | 1 |
| Category Rank | 301/ 408 | 10/ 469 | 522/ 529 | 8/ 586 | 87/ 631 | 14/ 658 | 648/ 678 | 225/ 703 | 8/ 738 | 13/ 769 |
Best Calendar Return (Last 10 years)
35.49% (2025)
Worst Calendar Return (Last 10 years)
-20.72% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| International Equity | 98.87 |
| Cash and Equivalents | 0.60 |
| Foreign Bonds - Other | 0.53 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 23.20 |
| Real Estate | 13.04 |
| Industrial Goods | 11.03 |
| Technology | 10.86 |
| Basic Materials | 9.99 |
| Other | 31.88 |
Geographic Allocation
| Name | Percent |
|---|---|
| Europe | 58.89 |
| Asia | 35.76 |
| Africa and Middle East | 3.41 |
| North America | 1.07 |
| Other | 0.87 |
Top Holdings
| Name | Percent |
|---|---|
| AT & S Austria Technlgie Systmtchnk AG | 0.73 |
| Kokusai Electric Corp | 0.71 |
| Fujikura Ltd | 0.68 |
| Tokyo Electron Ltd | 0.64 |
| Murata Manufacturing Co Ltd | 0.62 |
| Micronics Japan Co Ltd | 0.61 |
| Advantest Corp | 0.61 |
| Sanki Engineering Co Ltd | 0.61 |
| C.Uyemura & Co Ltd | 0.60 |
| Kioxia Holdings Corp | 0.60 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CI Morningstar International Momentum Index ETF - Hedged Common Units
Median
Other - International Equity
3 Yr Annualized
| Standard Deviation | 11.97% | 14.56% | 14.15% |
|---|---|---|---|
| Beta | 0.87 | 0.91 | 0.94 |
| Alpha | 0.06 | 0.03 | 0.03 |
| Rsquared | 0.74% | 0.69% | 0.67% |
| Sharpe | 1.70 | 0.77 | 0.86 |
| Sortino | 3.20 | 1.11 | 1.12 |
| Treynor | 0.23 | 0.12 | 0.13 |
| Tax Efficiency | 95.47% | 91.45% | 93.42% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 15.25% | 11.97% | 14.56% | 14.15% |
| Beta | 0.89 | 0.87 | 0.91 | 0.94 |
| Alpha | 0.05 | 0.06 | 0.03 | 0.03 |
| Rsquared | 0.86% | 0.74% | 0.69% | 0.67% |
| Sharpe | 1.96 | 1.70 | 0.77 | 0.86 |
| Sortino | - | 3.20 | 1.11 | 1.12 |
| Treynor | 0.34 | 0.23 | 0.12 | 0.13 |
| Tax Efficiency | 97.25% | 95.47% | 91.45% | 93.42% |
Fundata ESG Metrics
Fundata ESG Score
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
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
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
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.
Fund Details
| Start Date | November 13, 2014 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $153 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
Investment Objectives
The CI Morningstar International Momentum Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Developed Markets ex-North America Target Momentum Index, net of expenses. The CI Morningstar International Momentum Index ETF 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.
Investment Strategy
The CI Morningstar International Momentum Index ETF 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.
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 | 0.67% |
|---|---|
| Management Fee | 0.60% |
| 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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