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CI First Asset Morningstar Canada Value Index ETF (TSX: FXM)

A portfolio of 30 securities, most of which fit the classic definition of undervalued

This fund invests in stocks of the largest and most liquid Canadian companies based upon proprietary research by Morningstar. It is designed to provide diversified exposure to stocks which are considered as “good value” based on characteristics like low p/e ratios and low price to cash flow ratios.


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FXM was first recommended here on March 13, 2021