First Asset MSCI Canada Low Risk Weighted ETF

 Fund Profile    Methodology   Prospectus    

Investment Objectives

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

MSCI Canada Risk Weighted Index is based on a traditional market capitalization weighted parent index, MSCI Canada Index, which includes Canadian large and mid-capitalization stocks. Constructed using a simple, but effective and transparent process, the MSCI Canada Risk Weighted Index reweights each security of the parent index so that stocks with lower risk are given higher index weights. 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.

RWC 6.50%3.95%-2.77%6.50%-0.67%2.73%7.61%3.88%5.62%
As at: 31 Jan 2019 - Benchmark: S&P/TSX Composite Index (Total Return)


Sector Breakdown*

As at 31 January 2019
*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/TSX Composite Index is a capitalization-weighted index designed to measure market activity of stocks listed on the Toronto Stock Exchange. This index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of broader Canadian equity market.

Key Facts

Index Characteristics

Number of Securities91
Price/Earnings Ratio15.71
Price/Book Ratio1.66
As at 31 Jan, 2019

Index Risk Return Measures

Time period: 05/29/1992 to 01/31/2019IndexBenchmark
Return (% annualized)10.168.45
Std Dev11.0914.05
Sortino Ratio0.980.62
Max Drawdown-39.75-43.35
Up Capture81.13100.00
Down Capture60.93100.00
As at 31 Jan, 2019
Index: MSCI Canada Risk Weighted Index
Benchmark: S&P/TSX Composite TR Index


Distribution details (.csv)

Twelve month-trailing distribution yield: 2.77% (as at 22 Feb 2019)

RWCTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
2018 +$0.32880$0.32880--------
2017 +$0.29230$0.29230-$0.29230------
2016 +$0.27810$0.27810-$0.27123---$0.00687--
2015 +$0.27520$0.27520-$0.13990---$0.13530--
2014 +$0.43980$0.28150$0.15830$0.15499--$0.28398$0.00083--

(1) Future distribution dates may be amended at any time. (2) Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. (3) The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the Fund's tax year end. Therefore investors will be informed of the characterization of the amounts distributed for tax purposes only for the entire year and not with each distribution. For tax purposes these amounts will be reported by brokers on official tax statements.


2 Jan 2019 'ETFs as Asset Class' Is Among the Top 2019 Trends in Markets Bloomberg | Sarah Ponczek and Vildana Hajric
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
11 Feb 2014 First Asset launches "risk-weighted" equity ETFs Morningstar | Rudy Luukko


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To access the SEDAR filings of First Asset MSCI Canada Low Risk Weighted ETF please click here