Overview
Description
The CI Morningstar Canada Bank Quebec Fund is a mutual fund that primarily focuses on investing in the banking sector within the Quebec region. Its main purpose is to provide investors exposure to Canadian banks, which are known for their stability and critical role in the national economy. By concentrating on banks operating in Quebec, this fund taps into a segment of the financial sector that is essential to the economic landscape of one of Canada's most vibrant provinces.
A notable feature of this fund is its focus on institutions that drive financial services, regional development, and economic growth in Quebec, offering a targeted investment approach. In addition to banks, the fund may also invest in other financial services companies based in the region, thereby offering a broader diversification in financial services within the province.
In the broader market context, the CI Morningstar Canada Bank Quebec Fund serves as a vehicle for investors looking to capitalize on the economic drivers specific to Quebec's finance sector, thereby playing a key role in targeting geographically-focused financial market strategies.
About
Address
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Phone
+1 416 3622929
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE