First Asset Morningstar U.S. Consumer Defensive Index Fund

  

Investment Objectives

June 6, 2018 - First Asset Morningstar U.S. Consumer Defensive Index Fund (the "Fund") (TSX: UCD.UN) announces that a special meeting of the unitholders of the Fund (the "Meeting") will be held on Thursday, July 19, 2018. If required, an adjourned Meeting will be held on Monday, July 30, 2018.
Upcoming Meeting Materials will be available in the Documents section of this webpage on or about June 15, 2018

First Asset Morningstar U.S. Consumer Defensive Index Fund (the "Fund") is a closed-end investment fund established under the laws of the Province of Ontario which proposes to issue transferable units of the Fund (the "Units") at a price of $10.00 per Unit (the "Offering").

The Fund's investment objectives are to provide holders of Units (the "Holders") with:

  • the opportunity for capital appreciation; and
  • monthly cash distributions.

The Fund has been created to invest in a portfolio (the "Portfolio") that is designed to replicate, to the extent possible, the performance of the Morningstar® Consumer Defensive IndexTM (the "Index"), net of expenses.

The Portfolio will invest in the securities of the issuers comprising the Index in the same proportion as these constituents represent in the Index and accordingly the composition of the Portfolio will vary from time to time based on the composition of the Index. The Index is comprised of highly liquid, U.S. domiciled companies that trade on one of the three major U.S. exchanges and that are engaged in the manufacturing of food, beverages, household and personal products, packaging, or tobacco and also includes companies that provide services such as education and training services.

 1m3m6mYTD1y2y3y4y5ySI
UCD.UN 4.34%-2.22%-9.46%-9.46%-5.58%-2.67%2.05%3.77%5.76%5.53%
Benchmark0.62%3.43%2.65%2.65%14.38%16.13%11.93%10.79%13.42%13.60%
As at: 29 Jun 2018 - Benchmark: S&P 500 Index (CAD Hedged) (Total Return)

 

Sector Breakdown

As at 29 June 2018

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
Procter & Gamble Co/theConsumer Staples11.0
Coca-cola Co/theConsumer Staples9.5
Pepsico IncConsumer Staples8.6
Philip Morris International InConsumer Staples7.1
Walmart IncConsumer Staples6.9
Altria Group IncConsumer Staples6.1
Costco Wholesale CorpConsumer Staples5.1
Mondelez International IncConsumer Staples3.4
Colgate-palmolive CoConsumer Staples3.2
Walgreens Boots Alliance IncConsumer Staples2.9
As at 29 June 2018

Distributions

Distribution details (.csv)
UCD.UNTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$3.55403$3.55403-----$3.23123--
2018 +$0.32280$0.32280--------
29-Jun$0.05380$0.05380--------
31-May$0.05380$0.05380--------
30-Apr$0.05380$0.05380--------
29-Mar$0.05380$0.05380--------
28-Feb$0.05380$0.05380--------
31-Jan$0.05380$0.05380--------
2017 +$0.67440$0.67440-----$0.67440--
29-Dec$0.05620$0.05620-----$0.05620--
30-Nov$0.05620$0.05620-----$0.05620--
31-Oct$0.05620$0.05620-----$0.05620--
29-Sep$0.05620$0.05620-----$0.05620--
31-Aug$0.05620$0.05620-----$0.05620--
31-Jul$0.05620$0.05620-----$0.05620--
30-Jun$0.05620$0.05620-----$0.05620--
31-May$0.05620$0.05620-----$0.05620--
28-Apr$0.05620$0.05620-----$0.05620--
31-Mar$0.05620$0.05620-----$0.05620--
28-Feb$0.05620$0.05620-----$0.05620--
31-Jan$0.05620$0.05620-----$0.05620--
2016 +$0.69360$0.69360-----$0.69360--
30-Dec$0.05780$0.05780-----$0.05780--
30-Nov$0.05780$0.05780-----$0.05780--
31-Oct$0.05780$0.05780-----$0.05780--
30-Sep$0.05780$0.05780-----$0.05780--
31-Aug$0.05780$0.05780-----$0.05780--
29-Jul$0.05780$0.05780-----$0.05780--
30-Jun$0.05780$0.05780-----$0.05780--
31-May$0.05780$0.05780-----$0.05780--
29-Apr$0.05780$0.05780-----$0.05780--
31-Mar$0.05780$0.05780-----$0.05780--
29-Feb$0.05780$0.05780-----$0.05780--
29-Jan$0.05780$0.05780-----$0.05780--
2015 +$0.73440$0.73440-----$0.73440--
31-Dec$0.06120$0.06120-----$0.06120--
30-Nov$0.06120$0.06120-----$0.06120--
30-Oct$0.06120$0.06120-----$0.06120--
30-Sep$0.06120$0.06120-----$0.06120--
31-Aug$0.06120$0.06120-----$0.06120--
31-Jul$0.06120$0.06120-----$0.06120--
30-Jun$0.06120$0.06120-----$0.06120--
29-May$0.06120$0.06120-----$0.06120--
30-Apr$0.06120$0.06120-----$0.06120--
31-Mar$0.06120$0.06120-----$0.06120--
27-Feb$0.06120$0.06120-----$0.06120--
30-Jan$0.06120$0.06120-----$0.06120--
2014 +$0.68280$0.68280-----$0.68280--
31-Dec$0.05690$0.05690-----$0.05690--
28-Nov$0.05690$0.05690-----$0.05690--
31-Oct$0.05690$0.05690-----$0.05690--
30-Sep$0.05690$0.05690-----$0.05690--
29-Aug$0.05690$0.05690-----$0.05690--
31-Jul$0.05690$0.05690-----$0.05690--
30-Jun$0.05690$0.05690-----$0.05690--
30-May$0.05690$0.05690-----$0.05690--
30-Apr$0.05690$0.05690-----$0.05690--
31-Mar$0.05690$0.05690-----$0.05690--
28-Feb$0.05690$0.05690-----$0.05690--
31-Jan$0.05690$0.05690-----$0.05690--
2013 +$0.44603$0.44603-----$0.44603--
31-Dec$0.05000$0.05000-----$0.05000--
29-Nov$0.05000$0.05000-----$0.05000--
31-Oct$0.05000$0.05000-----$0.05000--
30-Sep$0.05000$0.05000-----$0.05000--
30-Aug$0.05000$0.05000-----$0.05000--
31-Jul$0.05000$0.05000-----$0.05000--
28-Jun$0.05000$0.05000-----$0.05000--
31-May$0.09603$0.09603-----$0.09603--

(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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