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CI Morningstar Canada Value Index ETF
FXM (CI Morningstar Canada Value Index ETF) is a factor Canadian Equity ETF by CI. With a 0.60% MER, it provides diversified exposure. Quarterly distribution with a 2.34% yield.
FXM by CI is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.60% MER, its fees are in line with category averages. It pays a quarterly distribution with a 2.34% yield, making it attractive for income-seeking investors.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.