CI First Asset MSCI International Low Risk Weighted ETF - CAD Hedged Stock

RWX (other than the Unhedged Units) has been designed to replicate, to the extent possible, the performance of the MSCI EAFE Risk Weighted Top 175 Index Hedged to CAD (the ?Hedged Index?), net of expenses. In respect of the Unhedged Units, RWX has been designed to replicate, to the extent possible, the performance of the MSCI EAFE Risk Weighted Top 175 Index, net of expenses (the ?Unhedged Index? and, together with the Hedged Index, the ?Indexes?). Under normal market conditions, RWX invests in large and mid-capitalization equity securities with lower historical return variance and tends to have a bias towards lower size and lower risk stocks.