CI MSCI International Low Risk Weighted ETF
RWX.TO
Toronto Stock Exchange- -
CAD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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
- Aug 23, 2017
- Similar Companies
- Business
- CI MSCI International Low Risk Weighted ETF (RWX.TO) is an exchange-traded fund managed by CI Global Asset Management Inc., a subsidiary of CI Financial Corp., that seeks to replicate, to the extent possible, the performance of the MSCI EAFE Risk Weighted Top 175 Index (CAD Hedged), before fees, expenses, and taxes. The fund invests primarily in large- and mid-cap equities from developed markets in Europe, Australasia, and the Far East (EAFE) that exhibit lower historical return variance, emphasizing stocks with reduced volatility; it offers hedged common units (RWX) and unhedged common units (RWX.B). Launched on August 22, 2017, and listed on the Toronto Stock Exchange, the ETF targets investors seeking international equity exposure with a low-risk weighting approach, providing portfolio diversification across sectors biased toward lower-size and lower-risk stocks. In a major strategic reorganization completed in August 2025, CI Global Asset Management merged the hedged (RWX) and unhedged (RWX.B) units of CI MSCI International Low Risk Weighted ETF into CI Global Minimum Downside Volatility Index ETF (CGDV and CGDV.B) at exchange ratios of 1.043471:1 and 0.935831:1, respectively, resulting in the termination and delisting of RWX units. This merger, announced on November 18, 2024, and executed on a taxable basis for non-registered accounts following unitholder approval, reflects CI GAM's ongoing portfolio rationalization to streamline offerings and enhance investor options in minimum volatility strategies. The fund, headquartered in Toronto, Ontario, Canada, operates within the global asset management industry, serving retail and institutional investors focused on risk-managed international equities.