First Asset MSCI USA Low Risk Weighted ETF (Unhedged)

Morningstar

Investment Objectives

The Fund has been designed to replicate, to the extent possible, the performance of the MSCI USA Risk Weighted Top 150 Index (the “Index”), net of expenses.

MSCI USA Risk Weighted Top 150 Index is based on a traditional market capitalization weighted parent index, MSCI USA Index, which includes US large- and mid- capitalization stocks. Constructed using a simple, but effective and transparent process, each security of the parent index is reweighted so that stocks with lower risk are given higher index weights. The final constituents of the MSCI USA Risk Weighted Top 150 Index are determined by ranking these security level risk weights and taking the top 150 subset securities. The Index seeks to emphasize stocks with lower historical return variance and tends to have a bias towards lower size and lower risk stocks. Historically, the Index has exhibited lower realized volatility in comparison to its parent index.

The investment strategy of the Fund is to invest in and hold the constituent securities of the Index. Foreign currency assets held by the Fund attributable to the Units will not be hedged back to the Canadian dollar.

 1m3m6mYTD1y2y3ySI
RWU.B -0.04%-1.95%-1.74%2.88%7.31%10.14%16.16%17.09%
Benchmark1.81%0.61%1.00%6.54%12.87%13.00%15.04%16.57%
As at: 29 Sep 2017 - Benchmark: S&P 500 TR Index (Unhedged)

 

Sector Breakdown*

As at 29 September 2017
*As a percent of invested assets

 

Country Breakdown*

As at 29 September 2017
*As a percent of invested assets

The indicated rates of return are the historical annual compounded total returns, including changes in unit value and do not take into account sales, redemption or optional charges or income taxes payable by a security holder that would have reduced returns.


The S&P 500 Index tracks 500 large-cap U.S. stocks representing all major industries. This index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of the broader U.S. equity market.

Key Facts

Index Characteristics

Number of Securities150
Price/Earnings Ratio20.18
Price/Book Ratio2.72
As at 29 Sep, 2017

Index Risk Return Measures

Time period: 12/31/1998 to 09/29/2017IndexBenchmark
Return (% annualized)6.764.74
Std Dev11.4212.32
Beta0.651.00
Sharpe0.430.25
Sortino Ratio0.650.36
Max Drawdown-34.84-51.39
Up Capture71.62100.00
Down Capture50.70100.00
As at 29 Sep, 2017
Index: MSCI USA Risk Weighted Top 150 Index (Unhedged)
Benchmark: S&P 500 TR Index (Unhedged)
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Distributions

Distribution details (.csv)

Twelve month-trailing distribution yield: 1.30%

RWU.BTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$1.18890$0.81560$0.37330---$0.51430$0.07403$0.51046$0.07636
2017 +$0.16640$0.16640--------
28-Sep$0.05230$0.05230--------
29-Jun$0.05600$0.05600--------
30-Mar$0.05810$0.05810--------
2016 +$0.32260$0.21260$0.11000---$0.13098-$0.22529$0.03374
29-Dec$0.11000-$0.11000---$0.04466-$0.07682$0.01151
29-Dec$0.05740$0.05740----$0.02331-$0.04009$0.00601
29-Sep$0.05190$0.05190----$0.02107-$0.03624$0.00542
29-Jun$0.05050$0.05050----$0.02050-$0.03527$0.00528
30-Mar$0.05280$0.05280----$0.02144-$0.03687$0.00552
2015 +$0.20110$0.20110-----$0.07353$0.14990$0.02233
30-Dec$0.05380$0.05380-----$0.01967$0.04010$0.00597
29-Sep$0.05130$0.05130-----$0.01876$0.03824$0.00570
29-Jun$0.04710$0.04710-----$0.01722$0.03511$0.00523
30-Mar$0.04890$0.04890-----$0.01788$0.03645$0.00543
2014 +$0.49880$0.23550$0.26330---$0.38332$0.00050$0.13527$0.02029
30-Dec$0.26330-$0.26330---$0.20234$0.00027$0.07140$0.01071
30-Dec$0.13150$0.13150----$0.10106$0.00013$0.03566$0.00535
29-Sep$0.04280$0.04280----$0.03289$0.00004$0.01161$0.00174
27-Jun$0.06120$0.06120----$0.04703$0.00006$0.01660$0.00249

News

25 Sep 2017 First Asset Opens the Market First Asset
11 Apr 2016 First Asset Opens the Market First Asset
23 Oct 2015 CI Financial scoops up ETF provider First Asset Capital The Globe and Mail | Clare O'Hara
21 Jul 2015 Stripping away preconceived notions of fixed income Financial Post | John Pagliacci
30 Sep 2014 A look inside Canada's hottest ETFs Special to the Globe and Mail | Andrew Hallam
18 Jun 2014 First Asset ETFs June Distributions Marketwired
11 Feb 2014 First Asset launches "risk-weighted" equity ETFs Morningstar | Rudy Luukko

Documents

30 Jun, 2017 | Financial Statements

31 Dec, 2016 | Financial Statements

30 Jun, 2016 | Financial Statements

31 Dec, 2015 | Financial Statements

30 Jun, 2015 | Financial Statements

31 Dec, 2014 | Financial Statements

30 Jun, 2014 | Financial Statements

30 Jun, 2017 | Proxy Voting Record

30 Jun, 2016 | Proxy Voting Record

30 Jun, 2015 | Proxy Voting Record

30 Jun, 2014 | Proxy Voting Record

Warning: Documents posted on this website (including, without limitation, prospectuses) are current only as of the date on them

To access the SEDAR filings of First Asset MSCI USA Low Risk Weighted ETF (Unhedged) please click here