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CI Morningstar National Bank Quebec Index ETF
QXM (CI Morningstar National Bank Quebec Index ETF) is an index Financial Services Equity ETF by CI. With a 0.50% MER, it provides diversified exposure. Quarterly distribution with a 1.45% yield.
QXM by CI is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.50% MER, its fees are in line with category averages.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.