Key stats
About CI Morningstar International Value Index ETF US Dollar-Denominated Unhedged Units Trust Units -Unhedged-
Home page
Inception date
Apr 7, 2026
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
Identifiers
3
ISIN CA12555N3013
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
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
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.U trades at 20.60 USD today, its price has fallen −1.01% in the past 24 hours. Track more dynamics on VXM.U price chart.
VXM.U net asset value is 20.66 today — it's risen 1.64% 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.U assets under management is 1.25 M USD. 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.U fund flows account for 284.77 K USD (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.U invests in stocks. See more details in our Analysis section.
No, VXM.U isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, VXM.U doesn't pay dividends to its holders.
VXM.U trades at a premium (0.30%).
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.U shares are issued by CI Financial Corp.
VXM.U 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 Apr 7, 2026.
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.