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CI Morningstar National Bank Quebec Index ETF - Common Units
Canadian Equity
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FundGrade C
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
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FundGrade A+® Rating Recipient
2019, 2018, 2017, 2016, 2015
Click for more information on Fundata’s FundGrade
|
NAVPS (07-03-2026) |
$40.96 |
|---|---|
| Change |
$0.44
(1.08%)
|
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (February 02, 2012): 11.84%
| 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 | 2.39% | -0.48% | 8.47% | 4.95% | 27.01% | 20.76% | 17.81% | 15.76% | 10.79% | 15.88% | 11.33% | 10.28% | 10.46% | 10.28% |
| Benchmark | 2.52% | 1.83% | 12.07% | 10.61% | 36.06% | 28.34% | 24.64% | 17.23% | 15.30% | 18.20% | 15.06% | 13.48% | 12.83% | 12.77% |
| Category Average | 2.09% | 1.53% | 9.80% | 8.54% | 26.16% | 21.90% | 19.54% | 13.65% | 12.54% | 15.44% | 12.30% | 10.86% | 10.22% | 10.20% |
| Category Rank | 253 / 764 | 697 / 760 | 561 / 755 | 682 / 756 | 330 / 720 | 457 / 691 | 522 / 670 | 167 / 653 | 492 / 573 | 292 / 552 | 414 / 523 | 354 / 471 | 267 / 445 | 257 / 416 |
| Quartile Ranking | 2 | 4 | 3 | 4 | 2 | 3 | 4 | 2 | 4 | 3 | 4 | 4 | 3 | 3 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.42% | 1.51% | 2.65% | 3.19% | 0.31% | 3.98% | 3.36% | -0.56% | 6.04% | -6.10% | 3.51% | 2.39% |
| Benchmark | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% |
Best Monthly Return Since Inception
14.01% (November 2020)
Worst Monthly Return Since Inception
-19.92% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.22% | 16.18% | -9.30% | 24.51% | 1.35% | 17.22% | -6.74% | 13.40% | 19.76% | 23.13% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | 16.46% | 6.89% | -9.47% | 19.21% | 3.42% | 23.26% | -4.82% | 9.85% | 17.87% | 23.63% |
| Quartile Ranking | 4 | 1 | 3 | 1 | 3 | 4 | 3 | 1 | 2 | 3 |
| Category Rank | 373/ 395 | 1/ 432 | 238/ 458 | 44/ 504 | 338/ 531 | 541/ 565 | 462/ 629 | 104/ 662 | 273/ 683 | 374/ 710 |
Best Calendar Return (Last 10 years)
24.51% (2019)
Worst Calendar Return (Last 10 years)
-9.30% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 99.75 |
| Income Trust Units | 0.21 |
| Cash and Equivalents | 0.03 |
| Other | 0.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 17.78 |
| Industrial Services | 16.84 |
| Consumer Services | 13.75 |
| Consumer Goods | 10.49 |
| Basic Materials | 10.04 |
| Other | 31.10 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Bombardier Inc Cl A | 6.29 |
| Power Corp of Canada | 6.18 |
| TFI International Inc | 5.40 |
| Canadian National Railway Co | 5.39 |
| National Bank of Canada | 5.25 |
| iA Financial Corp Inc | 5.17 |
| Gildan Activewear Inc Cl A | 4.89 |
| BCE Inc | 4.79 |
| Alimentation Couche-Tard Inc | 4.66 |
| CGI Inc Cl A | 4.54 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CI Morningstar National Bank Quebec Index ETF - Common Units
Median
Other - Canadian Equity
3 Yr Annualized
| Standard Deviation | 11.01% | 12.33% | 13.77% |
|---|---|---|---|
| Beta | 0.92 | 0.87 | 0.97 |
| Alpha | -0.04 | -0.02 | -0.02 |
| Rsquared | 0.82% | 0.78% | 0.84% |
| Sharpe | 1.23 | 0.66 | 0.65 |
| Sortino | 2.27 | 1.02 | 0.81 |
| Treynor | 0.15 | 0.09 | 0.09 |
| Tax Efficiency | 96.86% | 95.49% | 94.99% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 10.83% | 11.01% | 12.33% | 13.77% |
| Beta | 0.94 | 0.92 | 0.87 | 0.97 |
| Alpha | -0.05 | -0.04 | -0.02 | -0.02 |
| Rsquared | 0.81% | 0.82% | 0.78% | 0.84% |
| Sharpe | 2.06 | 1.23 | 0.66 | 0.65 |
| Sortino | 3.39 | 2.27 | 1.02 | 0.81 |
| Treynor | 0.24 | 0.15 | 0.09 | 0.09 |
| Tax Efficiency | 97.90% | 96.86% | 95.49% | 94.99% |
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 | 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) | $91 |
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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