Key stats
About CI MORNINGSTAR INTL VALUE IDX ETF HEDGED COMMON UNITS
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Inception date
Nov 13, 2014
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
Distributor
First Asset Investment Management, Inc.
The fund targets the most liquid stocks with attractive valuations. Securities of companies that are listed, incorporated, domiciled, and have their primary business in developed markets outside the US & Canada are scored and ranked based on five fundamental factors: 1) price to earnings ratio, 2) price to cash flow ratio, 3) price to book value, 4) price to sales ratio and 5) upward earnings estimate revisions. The fund also applies an additional liquidity screen and selects 200 equally-weighted securities. The index rebalances and reconstitutes quarterly. Overall, the funds international take on value may be a used as a core investment or as a complement to FXM and XXM which on the other hand focuses on Canadian and US value stocks, respectively. Prior to April 22, 2021, the fund name was CI First Asset Morningstar International Value Index ETF.
Related funds
Classification
What's in the fund
Exposure type
Finance
Utilities
Producer Manufacturing
Transportation
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
VXM trades at 40.38 CAD today, its price has fallen −0.07% in the past 24 hours. Track more dynamics on VXM price chart.
VXM net asset value is 39.95 today — it's risen 3.05% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
VXM assets under management is 162.88 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
VXM price has risen by 2.46% over the last month, and its yearly performance shows a 18.76% increase. See more dynamics on VXM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.05% over the last month, showed a 18.45% increase in three-month performance and has increased by 21.57% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.05% over the last month, showed a 18.45% increase in three-month performance and has increased by 21.57% in a year.
VXM fund flows account for 139.36 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
VXM invests in stocks. See more details in our Analysis section.
VXM expense ratio is 0.88%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, VXM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, VXM technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating VXM shows the strong buy signal. See more of VXM technicals for a more comprehensive analysis.
Today, VXM technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating VXM shows the strong buy signal. See more of VXM technicals for a more comprehensive analysis.
Yes, VXM pays dividends to its holders with the dividend yield of 2.88%.
VXM trades at a premium (1.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
VXM shares are issued by CI Financial Corp.
VXM follows the Morningstar Developed Markets ex-North America Target Value Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 13, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.