(As of 12/31/2025)

CI MStar Nat Bank Qbc Idx ETF (QXM)

(Canadian Equity)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2018
2017
2016
2015



Inception Return
(2/2/2012)
11.82 %
YTD Return 23.13 %
NAVPS
(1/12/2026)
$39.66
Change $0.31 / 0.79 %
Growth of $10,000 (As of December 31, 2025)
MER 0.57 %
Assets ($mil) -
Rank (1Yr) 381/721
Std Dev (3Yr) 18.57 %
Volatility Ranking (3Yr) 6/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
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.
Fund Manager

CI Global Asset Management

Portfolio Manager

CI Global Asset Management

Sub-Advisor
-
 
Asset Allocation
(As of December 31, 2025)
Sector Allocation
(As of December 31, 2025)
Geographic Allocation
(As of December 31, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
iA Financial Corp IncCanadian EquityFinancial ServicesCanada5.16%
Power Corp of CanadaCanadian EquityFinancial ServicesCanada5.01%
WSP Global IncCanadian EquityReal EstateCanada5.00%
Alimentation Couche-Tard IncCanadian EquityConsumer ServicesCanada4.99%
Dollarama IncCanadian EquityConsumer ServicesCanada4.93%
BCE IncCanadian EquityTelecommunicationsCanada4.91%
CGI Inc Cl ACanadian EquityTechnologyCanada4.90%
Bombardier Inc Cl ACanadian EquityIndustrial GoodsCanada4.89%
National Bank of CanadaCanadian EquityFinancial ServicesCanada4.87%
Atkinsrealis Group IncCanadian EquityReal EstateCanada4.86%

Performance Data (As of December 31, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 3.36 7.80 15.91 23.13 23.13 18.70 12.82 10.46
Benchmark 1.32 6.25 19.53 31.68 31.68 21.42 16.09 12.66
Quartile Ranking 1 1 2 3 3 2 3 3

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 23.13 19.76 13.40 -6.74 17.22 1.35 24.51 -9.30 16.18 11.22
Benchmark 31.68 21.65 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08
Quartile Ranking 3 2 1 3 4 3 1 3 1 4

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