AGFiQ Enhanced Core International Equity ETF ETF Review (QIE) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 73/100
This equity ETF has an MER of 0.45%. With higher than average fees, it’s a premium option. Managing 80 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

QIE trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The AGFiQ Enhanced Core International Equity ETF (QIE) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the AGFiQ Enhanced Core International Equity ETF ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.45%. This ETF trades on the TSX exchange.

QIE stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $80MM

Expense Ratio: 0.45%

Price: $31.37 (Updated: 3/7/2024)



AGFiQ Enhanced Core International Equity ETF (QIE) Top 10 Holdings

Company NameSymbolAssets %
ASML Holding NVASML2.69742
Shell plcSHEL2.20145
AstraZeneca PLCAZN2.08512
LVMH Moët Hennessy – Louis Vuitton Société EuropéenneMC1.92403
BHP Group LimitedBHP1.84527
Nestlé S.A.NESN1.7736
Siemens AktiengesellschaftSIE1.725
Novo Nordisk A/SNOVO-B1.55054
GlaxoSmithKline PLCGSK1.4137
BNP Paribas SABNP1.36052

AGFiQ Enhanced Core International Equity ETF (QIE) Breakdown by Market Cap

CategoryValue
Mega51.1439
Big35.90495
Medium8.04981
Small0
Micro0

AGFiQ Enhanced Core International Equity ETF (QIE) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials9.719547.03406
Consumer Cyclicals12.6551511.14738
Financial Services19.7742517.64108
Real Estate01.55261
Communication Services5.357443.71114
Energy5.494264.00653
Industrials14.9715118.24331
Technology9.0570212.07343
Consumer Defensive10.278069.38379
Healthcare10.3334713.48722
Utilities2.35931.71944

AGFiQ Enhanced Core International Equity ETF (QIE) Geographic Breakdown

RegionEquity %Relative to Category
North America0.2074.018
United Kingdom12.7342516.18688
Europe Developed51.29249.016
Europe Emerging00.007
Africa/Middle East0.7450.526
Japan23.83618.089
Australasia8.2244.345
Asia Developed2.9615
Asia Emerging02.125
Latin America00.686

QIE Management Expense Ratio

QIE has a management expense ratio of  0.45% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  AGFiQ Enhanced Core International Equity ETF TSX ETF

You can buy  QIE on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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