First Asset Morningstar International Value Index ETF (Unhedged)

Morningstar

Investment Objectives

The Fund has been designed to replicate, to the extent possible, the performance of the Morningstar® Developed Markets ex-North America Target Value 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 are considered to be "good value" based on characteristics like low price to earnings and low price to cash flow ratios.

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.

 1m3m6mYTD1y2y3ySI
VXM.B -2.18%2.15%7.88%2.15%16.33%20.55%11.05%13.80%
Benchmark-1.10%1.44%5.97%1.44%11.48%13.60%6.68%10.38%
As at: 29 Mar 2018 - Benchmark: MSCI EAFE NR Index

 

Sector Breakdown*

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

 

Country Breakdown*

As at 29 March 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 Securities200
Price/Earnings Ratio9.52
Price/Book Ratio0.93
As at 29 Mar, 2018

Index Risk Return Measures

Time period: 12/15/2000 to 03/29/2018IndexBenchmark
Return (% annualized)12.143.97
Std Dev15.0413.09
Beta1.011.00
Sharpe0.710.21
Sortino Ratio1.080.29
Max Drawdown-51.14-45.72
Up Capture119.96100.00
Down Capture77.04100.00
As at 29 Mar, 2018
Index: Morningstar® Developed Markets ex-North America Target Value Index™ (Unhedged)
Benchmark: MSCI EAFE GR Index (Unhedged)
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Distributions

Distribution details (.csv)

Twelve month-trailing distribution yield: 1.39%

VXM.BTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$2.82430$1.48240$1.34190--$0.00337$0.76834$0.16769$2.04335$0.24525
2018 +$0.08680$0.08680--------
23-Mar$0.08680$0.08680--------
2017 +$1.48570$0.43570$1.05000---$0.76702$0.00178$0.82252$0.10562
28-Dec$0.10680$0.10680----$0.05514$0.00012$0.05913$0.00759
28-Dec$1.05000-$1.05000---$0.54208$0.00127$0.58130$0.07465
28-Sep$0.10680$0.10680----$0.05514$0.00012$0.05913$0.00759
29-Jun$0.11210$0.11210----$0.05787$0.00014$0.06206$0.00797
30-Mar$0.11000$0.11000----$0.05679$0.00013$0.06090$0.00782
2016 +$0.74720$0.45530$0.29190----$0.00006$0.85276$0.10562
29-Dec$0.11080$0.11080-----$0.00001$0.12645$0.01566
29-Dec$0.29190-$0.29190----$0.00002$0.33314$0.04126
29-Sep$0.11080$0.11080-----$0.00001$0.12645$0.01566
29-Jun$0.11470$0.11470-----$0.00001$0.13091$0.01622
30-Mar$0.11900$0.11900-----$0.00001$0.13581$0.01682
2015 +$0.46760$0.46760-----$0.13616$0.36510$0.03366
30-Dec$0.13890$0.13890-----$0.04045$0.10845$0.01000
29-Sep$0.12120$0.12120-----$0.03529$0.09463$0.00872
29-Jun$0.10530$0.10530-----$0.03066$0.08222$0.00758
30-Mar$0.10220$0.10220-----$0.02976$0.07980$0.00736
2014 +$0.03700$0.03700---$0.00337$0.00132$0.02969$0.00297$0.00035
30-Dec$0.03700$0.03700---$0.00337$0.00132$0.02969$0.00297$0.00035

(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.

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