ETF Sage
Canadian ETF knowledgebase
ETF Sage
Canadian ETF knowledgebase
The fund has been designed to replicate, to the extent possible, the performance of the Morningstar National Bank Québec Index, net of expenses.
The investment strategy of the First Asset Morningstar National Bank Québec Index ETF is to invest in and hold constituent securities of the Morningstar National Bank Québec Index.
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.
The Morningstar National Bank Quebec Index relfects the performance of equities headquartered in the province of Quebec, Canada and is weighted according to the float capitalization of the consituent securities.
Each company is required to have a minimum float of $150 million and the weight of each consitutent is capped at 5% at each rebalancing date.
| Fundamentals | |
|---|---|
| Category (main) | Canadian Equity - Québec |
| Category (other) | Québec |
Underlying Index  |
Morningstar National Bank Québec Index |
| ETF Structure | Passive type. Endeavours to return the Index return before fees/costs |
| Asset Class |
Equity |
| Sub-Asset Class | Equity - Québec |
| Region |
Canada (Québec) |
| Issuer | First Asset |
| ETF Home Page | Available here |
| Fund Facts | |
|---|---|
| Inception Date | Feb 6, 2012 |
| Total Holdings |
54 |
Distribution Frequency  |
Quarterly |
| Leverage |
None |
| Significant Currency Exposure
|
No |
| Currency Hedging
|
Not applicable |
| Fees | |
|---|---|
| Management Fee |
0.50% |
| Management Expense Ratio (MER) |
Unknown * |
* Not available yet
| Trading Information | |
|---|---|
| Ticker | QXM |
| Exchange |
TSX (Toronto Stock Exchange) |
| Currency |
CAD |
| Eligibility | |
|---|---|
| Eligibility * |
RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
| DRIP available ** |
Yes |
| PACC Plan available ** |
Yes |
| SWP available ** |
Yes |
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:
