CI Morningstar Canada Momentum Index ETF - CAD Stock

This ETF offers investors a way to capitalize on upward trending companies whose share price has performed well in the recent past by replicating, to the extent possible, the Morningstar Canada Target Momentum Index, (the 'Index'). Empirical evidence suggests that outperforming stocks tend to continue to perform well, while underperformers tend to continue to lag. Utilizing Morningstar's proprietary CPMS methodologies, the index screens for above average returns on equity, with an emphasis on upward earnings estimate revisions and technical price momentum indicators. The index is comprised of the top 30 issuers in Canada that meet the screening requirements, and is equally weighted and rebalanced quarterly.