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First Asset Morningstar National Bank Québec Index ETF - QXM

ETF Overview

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.

Additional Index Information

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.

Key ETF Data

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
Management Fee 0.50%
Management Expense Ratio (MER) Unknown *

* Not available yet

Trading Information
Ticker QXM
Exchange TSX (Toronto Stock Exchange)
Currency CAD
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.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar