Key stats
About CIBC INTERNATIONAL EQUITY INDEX ETF COM UNIT
Expense ratio
0.29%
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Inception date
Mar 31, 2021
The fund delivers excellent marketlike coverage in a transparent, liquid, and low cost wrapper. It seeks to track the performance of the Morningstar Developed Markets ex-North America Target Market Exposure Index which focuses on large- and midcap issuers that are economically-tied to the 85% of the international developed markets. To be eligible for the index, securities must meet certain liquidity screens including size and trading requirements. Constituents are then market-cap-weighted and rebalanced semi-annually. The fund is designed for investors with medium risk appetite who are seeking exposure to a diversified portfolio delivering efficient exposure to the potential of developed market firms excluding US and Canada.
Classification
What's in the fund
Exposure type
Finance
Health Technology
Consumer Non-Durables
Stock breakdown by region