The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Developed Markets ex-North America Target Momentum Index", net of expenses. The ETF invests in equity securities of the largest and most liquid issuers from countries classified by Morningstar as developed markets, excluding the U.S. and Canada, based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to issuers from developed markets, excluding the U.S. and Canada, which have demonstrated, among other things, positive momentum in earnings and price.
Frequently asked questions
What is First Asset Morningstar International Momentum CAD Hedged Common (ZXM) current stock price?
As of the latest data, First Asset Morningstar International Momentum CAD Hedged Common stock price is CA$61.85, with a previous close of CA$61.28. First Asset Morningstar International Momentum CAD Hedged Common gained CA$0.57 in the last trading session, representing a 0.93% increase.
Does First Asset Morningstar International Momentum CAD Hedged Common (ZXM) pay dividends?
Yes. First Asset Morningstar International Momentum CAD Hedged Common pays quarterly dividends with an annualized yield of 1.92% and an estimated annual payout of CA$1.19 per share.
