CI MSCI Europe Low Risk Weighted ETF
RWE.TO
Toronto Stock Exchange- -
CAD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Canada
- IPO Date
- Feb 11, 2014
- Similar Companies
- Business
- CI MSCI Europe Low Risk Weighted ETF (RWE.TO) is an exchange-traded fund managed by CI Global Asset Management that seeks to replicate, to the extent possible, the performance of the MSCI Europe Risk Weighted Top 100 Index (Hedged to CAD), net of expenses. The ETF provides investors with exposure to a portfolio of approximately 100 low-risk European equities selected and weighted based on historical return variance, emphasizing lower volatility stocks from the MSCI Europe Index parent; top holdings historically include Nestle SA, Orkla ASA, Swisscom AG, Barry Callebaut AG, Unilever PLC, Novartis AG, Roche Holding AG, Severn Trent PLC and Gjensidige Forsikring ASA. Launched on February 5, 2014, and listed on the Toronto Stock Exchange, the fund is headquartered in Toronto, Ontario, at 15 York Street, Second Floor, with both hedged (RWE) and unhedged (RWE.B) unit classes offering quarterly distributions of net income, return of capital, and realized capital gains. The ETF targets institutional and retail investors seeking reduced volatility equity exposure to developed European markets across countries including Switzerland, the United Kingdom, Norway, the Netherlands, Germany, France, Denmark, Sweden, Belgium, Ireland, Italy, Austria, Finland, Portugal and Spain. CI Global Asset Management, a subsidiary of CI Financial Corp., serves as the fund manager and portfolio manager, with a management expense ratio of 0.68% as of late 2022. In a major strategic change, CI Global Asset Management completed the merger of CI MSCI Europe Low Risk Weighted ETF (both hedged RWE and unhedged RWE.B units) into CI Global Minimum Downside Volatility Index ETF (CGDV/CGDV.B) on March 31, 2023, at exchange ratios of 1.441327:1 for hedged units and 1.341300:1 for unhedged units, following securityholder approval; this consolidation transferred approximately 367,278 hedged and 395,635 unhedged units into the target fund. As of December 2025, RWE.TO units are no longer actively trading as a standalone ETF post-merger, with historical assets under management reaching $14.60 million as of November 30, 2022. No further acquisitions, product launches, or reorganizations specific to this ETF have been announced since the 2023 merger.