First Asset Morningstar US Value Index ETF (CAD Hedged)

Investment Objectives

The First Asset Morningstar US Value Index ETF (the "Fund") has been designed to replicate, to the extent possible, the performance of the Morningstar® US Target Value IndexTM(the "Index") (formerly, Morningstar® US Value Target 50 IndexTM), net of expenses.

The Index is comprised of liquid equity securities of U.S. companies utilizing proprietary CPMS methodologies from Morningstar to screen for, among other things, low price to earnings ratios, low price to cash flow ratios, low price to book value and sales, and upward earnings estimate revisions. To qualify for inclusion in the Index, the constituent securities must, among other things, trade on one of the three major exchanges (NYSE, NYSE Amex, or NASDAQ), be classified as a U.S issuer, and must have a market capitalization exceeding US $500 million. The Index is comprised of the top 50 issuers that meet the screening requirements, and are equally weighted and rebalanced quarterly.

Traditional indexes are generally based on market capitalization, which can result in overweighting stocks that are overvalued and underweighting stocks that are undervalued. The Fund is designed to address the concerns with traditional indexes based on market capitalization.

 1m3m6mYTD1y2y3ySI
XXM -2.90%-0.41%12.38%-0.41%12.95%1.93%5.07%9.44%
Benchmark0.12%6.07%10.12%6.07%17.17%9.20%10.37%11.93%
As at: 31 Mar 2017 - Benchmark: S&P 500 TR Index (CAD Hedged)
 1m3m6mYTD1y2y3ySI
XXM.A -2.97%-0.61%11.92%-0.61%12.02%1.12%4.22%8.56%
Benchmark0.12%6.07%10.12%6.07%17.17%9.20%10.37%11.93%
As at: 31 Mar 2017 - Benchmark: S&P 500 TR Index (CAD Hedged)

 

Sector Breakdown*

As at 31 March 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 (CAD Hedged) tracks 500 large-cap U.S. stocks representing all major industries. The 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 on a currency hedged basis.

Key Facts

Index Characteristics

Number of Securities50
Price/Earnings Ratio10.95
Price/Book Ratio1.19
As at 31 Mar, 2017

Index Risk Return Measures

Time period: 12/21/2001 to 03/31/2017IndexBenchmark
Return (% annualized)15.476.52
Std Dev18.9314.44
Beta0.961.00
Sharpe0.820.38
Sortino Ratio1.310.52
Max Drawdown-55.18-52.75
Up Capture137.73100.00
Down Capture104.78100.00
As at 31 Mar, 2017
Index: Morningstar® US Target Value Index TR (CAD Hedged)
Benchmark: S&P 500 TR Index (CAD Hedged)
Loading...

Distributions

Distribution details (.csv)

Twelve month-trailing distribution yield: 0.48%

XXMTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$0.67889$0.32229$0.35660----$0.02378$0.71456$0.07075
2017 +$0.01130$0.01130--------
30-Mar$0.01130$0.01130--------
2016 +$0.14160$0.07780$0.06380----$0.00005$0.16609$0.02454
29-Dec$0.06380-$0.06380----$0.00001$0.07484$0.01105
29-Dec$0.01810$0.01810-----$0.00001$0.02123$0.00314
29-Sep$0.01810$0.01810-----$0.00001$0.02123$0.00314
29-Jun$0.01640$0.01640-----$0.00001$0.01923$0.00284
30-Mar$0.02520$0.02520-----$0.00001$0.02956$0.00437
2015 +$0.42370$0.13090$0.29280----$0.00012$0.45590$0.03232
30-Dec$0.29280-$0.29280----$0.00008$0.31505$0.02233
30-Dec$0.02690$0.02690-----$0.00001$0.02894$0.00205
29-Sep$0.04300$0.04300-----$0.00001$0.04627$0.00328
29-Jun$0.03210$0.03210-----$0.00001$0.03454$0.00245
30-Mar$0.02890$0.02890-----$0.00001$0.03110$0.00221
2014 +$0.08770$0.08770-----$0.01017$0.09121$0.01368
30-Dec$0.02430$0.02430-----$0.00282$0.02527$0.00379
29-Sep$0.01900$0.01900-----$0.00220$0.01976$0.00296
27-Jun$0.01940$0.01940-----$0.00225$0.02018$0.00303
28-Mar$0.02500$0.02500-----$0.00290$0.02600$0.00390
2013 +$0.01459$0.01459-----$0.01344$0.00136$0.00021
30-Dec$0.01459$0.01459-----$0.01344$0.00136$0.00021
Distribution details (.csv)
XXM.ATotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$0.35451$0.01731$0.33720----$0.00016$0.39281$0.03847
2016 +$0.04740-$0.04740----$0.00006$0.05579$0.00845
29-Dec$0.04740-$0.04740----$0.00006$0.05579$0.00845
2015 +$0.30711$0.01731$0.28980----$0.00010$0.33702$0.03002
30-Dec$0.28980-$0.28980----$0.00009$0.31803$0.02832
29-Sep$0.01731$0.01731-----$0.00001$0.01899$0.00170

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
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
15 May 2014 There’s no debating the intelligence of “smart beta” Your Guide to ETF Investing
13 May 2014 Behind the Scenes with Smart Beta www.wealthprofessional.ca
5 May 2014 Taming Wild Currency Plays www.wealthprofessional.ca
14 Apr 2014 Fifteen top Canadian equity funds The Globe and Mail | Jacqueline Nelson
19 Mar 2014 First Asset ETFs March Distributions Marketwired
14 Mar 2014 Understanding factor-indexed ETFs ADVISOR.CA
10 Dec 2013 Intelligent indexing puts a new spin on ETF investing Special to Financial Post
17 Oct 2013 Scouring for ETFs that mix growth, value The Globe and Mail | Ian McGugan

Documents

12 Apr, 2017 | Advisor units

25 Aug, 2016 | Common units

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

31 Dec, 2013 | Financial Statements

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 US Value Index ETF (CAD Hedged) please click here