First Asset Morningstar International Momentum Index ETF (CAD Hedged)

Morningstar

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. It is intended that, except as described in the prospectus, at all times at least 90% of the foreign currency denominated assets held by the Fund attributable to the Units will be hedged back to the Canadian dollar.

 1m3m6mYTD1y2y3ySI
ZXM -1.54%4.16%2.37%2.37%14.91%16.47%9.47%12.72%
Benchmark-0.31%3.47%-0.96%-0.96%6.12%13.84%5.18%7.01%
As at: 29 Jun 2018 - Benchmark: MSCI EAFE NR Index

 

Sector Breakdown*

As at 29 June 2018
*As a percent of invested assets

 

Country Breakdown*

As at 29 June 2018
*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 (Europe, Australasia and the Far East) is an equity index which captures large and mid cap representation across Developed Markets countries in Europe, Australasia and the Far East. With 901 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country. The Index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of certain Eastern and European Developed Markets.

Key Facts

Index Characteristics

Number of Securities199
Price/Earnings Ratio13.16
Price/Book Ratio2.65
As at 29 Jun, 2018

Index Risk Return Measures

Time period: 12/29/2000 to 06/29/2018IndexBenchmark
Return (% annualized)12.143.37
Std Dev13.9714.15
Beta0.871.00
Sharpe0.750.17
Sortino Ratio1.040.22
Max Drawdown-53.78-51.19
Up Capture110.12100.00
Down Capture65.46100.00
As at 29 Jun, 2018
Index: Morningstar® Developed Markets ex-North America Target Momentum Index™ (CAD Hedged)
Benchmark: MSCI EAFE NR Index (CAD Hedged)
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Distributions

Distribution details (.csv)

Twelve month-trailing distribution yield: 0.91%

ZXMTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$1.20200$1.01220$0.18980--$0.01251$0.10834$0.05044$0.96762$0.09391
2018 +$0.15700$0.15700--------
25-Jun$0.09920$0.09920--------
23-Mar$0.05780$0.05780--------
2017 +$0.29860$0.25860$0.04000----$0.00505$0.33660$0.04305
28-Dec$0.04000-$0.04000----$0.00068$0.04509$0.00577
28-Dec$0.05910$0.05910-----$0.00100$0.06662$0.00852
28-Sep$0.05910$0.05910-----$0.00100$0.06662$0.00852
29-Jun$0.06520$0.06520-----$0.00110$0.07350$0.00940
30-Mar$0.07520$0.07520-----$0.00127$0.08477$0.01084
2016 +$0.34420$0.27390$0.07030----$0.00010$0.37983$0.03573
29-Dec$0.06740$0.06740-----$0.00002$0.07438$0.00700
29-Dec$0.07030-$0.07030----$0.00002$0.07758$0.00730
29-Sep$0.06400$0.06400-----$0.00002$0.07062$0.00664
29-Jun$0.07140$0.07140-----$0.00002$0.07879$0.00741
30-Mar$0.07110$0.07110-----$0.00002$0.07846$0.00738
2015 +$0.27050$0.27050-----$0.04458$0.23941$0.01349
30-Dec$0.07680$0.07680-----$0.01266$0.06797$0.00383
29-Sep$0.06130$0.06130-----$0.01010$0.05425$0.00305
29-Jun$0.06610$0.06610-----$0.01089$0.05851$0.00330
30-Mar$0.06630$0.06630-----$0.01093$0.05868$0.00331
2014 +$0.13170$0.05220$0.07950--$0.01251$0.10834$0.00071$0.01178$0.00164
30-Dec$0.07950-$0.07950--$0.00755$0.06540$0.00043$0.00711$0.00099
30-Dec$0.05220$0.05220---$0.00496$0.04294$0.00028$0.00467$0.00065

(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.

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

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 (CAD Hedged) please click here