First Asset Utility Plus Fund

view Class F

Investment Objectives

The Fund's objectives are to provide unitholders with quarterly income and the opportunity for capital appreciation by investing primarily in equity securities of Canadian issuers which have a market capitalization greater than $200 million. The securities will include Canadian and United States' corporations, limited partnerships and trusts. The portfolio will be focused on issuers in the utilities sector (electrical, water, gas), energy infrastructure sector (including renewable energy and pipelines), the telecom sector and also on stable businesses with a strong history of growing their earnings and/or dividends.

Investment Strategies

The focus of the Fund will be on the utilities sector, energy infrastructure sector and telecom sector and at least 80% of the Fund's assets will be invested in these sectors. The Fund will have the ability to invest up to 25% of the portfolio in the United States.

In order to mitigate currency risks for Canadian investors on any US investment, the Fund will employ a currency hedging strategy utilizing currency forward arrangements with one or more Canadian banks. The Fund will have the ability to hedge 80%-100% of the currency exposure of the US securities.

The Fund will have a primary focus on entities that generate long term earnings and stable cash distributions to shareholders, limited partners and unitholders. In constructing and managing this portfolio, the Investment Advisor will also take into account the desired risk of the portfolio as per the Fund's objectives.

 1m3m6mYTD1y2y3y4y5ySI
Class A 1.06%5.98%6.32%7.27%13.40%4.59%6.58%7.77%8.80%9.05%
Benchmark0.11%5.84%5.31%7.38%16.22%8.08%8.89%6.83%6.45%6.40%
As at: 28 Apr 2017 - Benchmark: S&P/TSX Capped Utilities Index (Total Return)
 1m3m6mYTD1y2y3y4y5ySI
Class F 1.14%6.26%6.89%7.71%14.66%5.70%7.68%8.89%9.90%10.19%
Benchmark0.11%5.84%5.31%7.38%16.22%8.08%8.89%6.83%6.45%6.40%
As at: 28 Apr 2017 - Benchmark: S&P/TSX Capped Utilities Index (Total Return)

 

Sector Breakdown

As at 28 April 2017

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.

Top holdings

Sector% Weighting
First Asset Active Util &Other9.1
Boralex IncUtilities5.8
Algonquin Power & Util CorpUtilities5.7
Fortis IncUtilities5.4
Emera IncUtilities4.5
Nextera Energy IncUtilities4.2
Northland Power IncUtilities3.9
Canadian Utilities LtdUtilities3.5
Superior Plus CorpUtilities3.4
T-mobile Us IncTelecommunication Services3.3
As at 28 April 2017

Distributions

Distribution details (.csv)

Twelve month-trailing distribution yield: 4.17%

Class ATotal
SI$4.27500
2017 +$0.12500
30-Mar$0.12500
2016 +$0.50000
29-Dec$0.12500
29-Sep$0.12500
29-Jun$0.12500
30-Mar$0.12500
2015 +$0.68500
30-Dec$0.31000
29-Sep$0.12500
29-Jun$0.12500
30-Mar$0.12500
2014 +$1.34500
30-Dec$0.97000
29-Sep$0.12500
27-Jun$0.12500
28-Mar$0.12500
2013 +$0.50000
30-Dec$0.12500
27-Sep$0.12500
27-Jun$0.12500
27-Mar$0.12500
2012 +$0.62000
28-Dec$0.24500
27-Sep$0.12500
28-Jun$0.12500
29-Mar$0.12500
2011 +$0.50000
29-Dec$0.12500
29-Sep$0.12500
29-Jun$0.12500
30-Mar$0.12500
Distribution details (.csv)

Twelve month-trailing distribution yield: 3.85%

Class FTotal
SI$4.27500
2017 +$0.12500
30-Mar$0.12500
2016 +$0.50000
29-Dec$0.12500
29-Sep$0.12500
29-Jun$0.12500
30-Mar$0.12500
2015 +$0.68500
30-Dec$0.31000
29-Sep$0.12500
29-Jun$0.12500
30-Mar$0.12500
2014 +$1.34500
30-Dec$0.97000
29-Sep$0.12500
27-Jun$0.12500
28-Mar$0.12500
2013 +$0.50000
30-Dec$0.12500
27-Sep$0.12500
27-Jun$0.12500
27-Mar$0.12500
2012 +$0.62000
28-Dec$0.24500
27-Sep$0.12500
28-Jun$0.12500
29-Mar$0.12500
2011 +$0.50000
29-Dec$0.12500
29-Sep$0.12500
29-Jun$0.12500
30-Mar$0.12500

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
23 Jan 2015 Welcome to The Globe and Mail ETF Buyer's Guide - 2015 edition The Globe and Mail | Rob Carrick
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
31 Oct 2013 Momentum's momentum ... and Momentum in value! ETF Insight | Yves Rebetez
17 Oct 2013 Scouring for ETFs that mix growth, value The Globe and Mail | Ian McGugan
13 Sep 2013 Don't buy exchange-traded funds blindly Richmond News
17 Jun 2013 20 stocks that satisfy hunger for dividend yield, taste for growth The Globe and Mail | Ian McGugan
24 Apr 2013 When following the herd pays off Financial Post | Kim Inglis
19 Mar 2013 First Asset ETFs Deliver Top Results Marketwired
1 Dec 2012 Fixed-income ETFs hit the sweet spot Investment Executive | Dwarka Lakhan
30 Nov 2012 5 myths about exchange traded funds Financial Post | David Pett
14 Mar 2012 Don't take your ETF's yield at face value Morningstar | John Gabriel
12 Mar 2012 XTF Insight: Convertible bond exchange-traded funds show potential in diversified portfolios Financial Post | Postmedia for XTF | Barry Gordon
9 Mar 2012
7 Mar 2012 Are ETFs bought, rather than sold? Financial Post | Jonathan Chevreau
5 Mar 2012 XTF Insight: Hedging your bets with ETFs Financial Post | Postmedia for XTF
23 Feb 2012 Sizing up the new kid on the block Morningstar | John Gabriel
17 Feb 2012 More room to grow for Canadian ETFs Financial Post | David Pett
16 Feb 2012 Inside Morningstar's New Strategy Indexes Canadian Couch Potato | Dan Bortolotti
13 Feb 2012 How ETFs Have Evolved ETF TRENDS | John Spence
13 Feb 2012 XTF Insight: The evolution of ETFs Financial Post | Postmedia for XTF | Barry Gordon
8 Feb 2012 ETFs spurring shift to fee-based advice The Globe and Mail | John Heinzl
6 Feb 2012
6 Feb 2012
6 Feb 2012 Two new 'intelligent index' funds to begin trading Financial Post | Jonathan Chevreau
6 Feb 2012 XTF Insight: Understanding the basics of ETF liquidity Financial Post | Postmedia for XTF
31 Jan 2012 XTF to launch seven ETFs that track Morningstar indices Investment Executive | Megan Harman
31 Jan 2012 Seven new ETFs from XTF Capital will be based on Morningstar indexes Toronto Star | Morningstar | Rudy Luukko
30 Jan 2012 XTF Insight: Understanding the basics of ETF liquidity Financial Post | Postmedia for XTF
20 Jan 2012 ETF firms take aim at advisors Investment Executive | Megan Harman

Documents

30 Jun, 2016 | Proxy Voting Record

30 Jun, 2015 | Proxy Voting Record

30 Jun, 2014 | Proxy Voting Record

30 Jun, 2013 | Proxy Voting Record

30 Jun, 2012 | Proxy Voting Record

30 Jun, 2011 | 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 Utility Plus Fund please click here