First Asset Morningstar International Momentum Index ETF (Unhedged)

Investment Objectives

The First Asset Morningstar International Momentum Index ETF (the "Fund") has been designed to replicate, to the extent possible, the performance of the Morningstar® Developed Markets ex-North America Target Momentum IndexTM (the "Index"), net of expenses.

The Index is comprised of the largest and most liquid equity securities from countries classified by Morningstar as developed markets, excluding North America, based on proprietary research generated by Morningstar. The index is designed to provide diversified exposure to the top 200 issuers from these markets, which have demonstrated, among other things, positive momentum in earnings and price.

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.

 1m3m6mYTD1y2ySI
ZXM.B 3.16%13.36%19.18%19.10%14.62%10.20%17.26%
Benchmark2.55%11.75%18.87%15.22%20.81%7.19%12.54%
As at: 31 May 2017 - Benchmark: MSCI EAFE NR Index
 1m3m6mYTD1y2ySI
ZXM.D 3.09%13.12%18.67%18.67%13.66%9.27%16.27%
Benchmark2.55%11.75%18.87%15.22%20.81%7.19%12.54%
As at: 31 May 2017 - Benchmark: MSCI EAFE NR Index

 

Sector Breakdown*

As at 31 May 2017
*As a percent of invested assets

 

Country Breakdown*

As at 31 May 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 MSCI EAFE Index is an equity index which captures large and mid cap representation across Developed Markets countries around the world, excluding the US and Canada. With 901 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country. This Index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of the broader global, developed market countries (excluding North America).

Key Facts

Index Characteristics

Number of Securities197
Price/Earnings Ratio14.63
Price/Book Ratio2.38
As at 31 May, 2017

Index Risk Return Measures

Time period: 12/15/2000 to 05/31/2017IndexBenchmark
Return (% annualized)12.543.97
Std Dev13.8113.30
Beta0.901.00
Sharpe0.770.20
Sortino Ratio1.150.28
Max Drawdown-48.15-45.72
Up Capture112.07100.00
Down Capture66.77100.00
As at 31 May, 2017
Index: Morningstar® Developed Markets ex-North America Target Momentum Index™ (Unhedged)
Benchmark: MSCI EAFE GR Index (Unhedged)
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Distributions

Distribution details (.csv)

Twelve month-trailing distribution yield: 1.29%

ZXM.BTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$0.89060$0.76740$0.12320--$0.01238-$0.16090$0.61975$0.05423
2017 +$0.15180$0.15180--------
29-Jun$0.07110$0.07110--------
30-Mar$0.08070$0.08070--------
2016 +$0.42340$0.30020$0.12320----$0.00006$0.46683$0.04349
29-Dec$0.12320-$0.12320----$0.00002$0.13584$0.01266
29-Dec$0.07130$0.07130-----$0.00001$0.07861$0.00732
29-Sep$0.07160$0.07160-----$0.00001$0.07895$0.00736
29-Jun$0.07870$0.07870-----$0.00001$0.08677$0.00808
30-Mar$0.07860$0.07860-----$0.00001$0.08666$0.00807
2015 +$0.28960$0.28960-----$0.15719$0.14155$0.00914
30-Dec$0.08580$0.08580-----$0.04657$0.04194$0.00271
29-Sep$0.06710$0.06710-----$0.03642$0.03280$0.00212
29-Jun$0.06770$0.06770-----$0.03675$0.03309$0.00214
30-Mar$0.06900$0.06900-----$0.03745$0.03372$0.00217
2014 +$0.02580$0.02580---$0.01238-$0.00365$0.01137$0.00160
30-Dec$0.02580$0.02580---$0.01238-$0.00365$0.01137$0.00160
Distribution details (.csv)

Twelve month-trailing distribution yield: 0.34%

ZXM.DTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$0.26270$0.22030$0.04240----$0.01686$0.23163$0.02039
2017 +$0.03460$0.03460--------
29-Jun$0.00980$0.00980--------
30-Mar$0.02480$0.02480--------
2016 +$0.13360$0.09120$0.04240-----$0.14751$0.01391
29-Dec$0.02020$0.02020------$0.02230$0.00210
29-Dec$0.04240-$0.04240-----$0.04682$0.00442
29-Sep$0.01760$0.01760------$0.01943$0.00183
29-Jun$0.02690$0.02690------$0.02970$0.00280
30-Mar$0.02650$0.02650------$0.02926$0.00276
2015 +$0.08000$0.08000-----$0.01685$0.06729$0.00414
30-Dec$0.02920$0.02920-----$0.00615$0.02456$0.00151
29-Sep$0.01520$0.01520-----$0.00320$0.01278$0.00078
29-Jun$0.01670$0.01670-----$0.00352$0.01405$0.00087
30-Mar$0.01890$0.01890-----$0.00398$0.01590$0.00098
2014 +$0.01450$0.01450-----$0.00001$0.01683$0.00234
30-Dec$0.01450$0.01450-----$0.00001$0.01683$0.00234

News

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

Documents

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 Morningstar International Momentum Index ETF (Unhedged) please click here