First Asset REIT Income Fund

view Class F
 Fund Facts   Fund Facts   Prospectus      

Fund Overview

The Fund invests primarily in real estate investment trusts ("REITs"), equity securities of corporations carrying on business in the real estate sector and debt or convertible debt issued by REITs and real estate corporations. The Fund may invest up to 30% of the net asset value in equity securities and convertible debentures of non-Canadian REITs and corporations carrying on business in the real estate sector, so long as such securities are listed or quoted on a major North American exchange. At the Fund Manager's discretion, the Fund may be invested entirely in cash or cash equivalents.

Investor suitability
For those who:

  • Are seeking a growth fund investing in the real estate sector;
  • Have a long-term investment horizon; and
  • Are prepared for a low to medium level of risk.

Performance

 1m3m6mYTD1y2y3y4y5y10ySI
Class A 1.94%4.02%-15.89%-12.84%-8.86%0.96%4.15%3.64%6.78%10.34%10.17%
Benchmark1.13%1.87%-23.70%-20.34%-15.47%-1.58%3.79%2.09%4.49%7.57%8.43%
As at: 31 Jul 2020 - Benchmark: S&P/TSX Capped REIT Index (Total Return)
 1m3m6mYTD1y2y3y4y5y10ySI
Class F 2.02%4.30%-15.43%-12.27%-7.87%2.06%5.29%4.78%7.97%11.61%11.42%
Benchmark1.13%1.87%-23.70%-20.34%-15.47%-1.58%3.79%2.09%4.49%7.57%8.43%
As at: 31 Jul 2020 - Benchmark: S&P/TSX Capped REIT Index (Total Return)

 

Sector Breakdown

As at 31 July 2020

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.


S&P/TSX Capped REIT Index is a capitalization-weighted index designed to measure market activity of the real estate sector issuers listed on the Toronto Stock Exchange. The Index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of the Canadian real estate sector.

Top holdings

Sector% Weighting
Dream Industrial ReitIndustrials5.3
Canadian Apartment Pptys ReitMulti-family4.9
Tricon Residential IncService4.9
Killam Apt Real Estate Invt TrMulti-family4.8
Granite ReitIndustrials4.6
Crombie Real Estate Invt TrRetail4.6
Summit Industrial Income ReitIndustrials4.5
Morguard North American ReitMulti-family4.3
Interrent ReitMulti-family4.3
Choice Properties ReitRetail4.2
As at 31 July 2020

Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 4.44% (as at 11 Aug 2020)

Class ATotal
SI$6.63430
2020 +$0.46690
30-Jul$0.06670
29-Jun$0.06670
28-May$0.06670
29-Apr$0.06670
30-Mar$0.06670
27-Feb$0.06670
30-Jan$0.06670
2019 +$0.80040
30-Dec$0.06670
28-Nov$0.06670
30-Oct$0.06670
27-Sep$0.06670
29-Aug$0.06670
30-Jul$0.06670
27-Jun$0.06670
30-May$0.06670
29-Apr$0.06670
28-Mar$0.06670
27-Feb$0.06670
30-Jan$0.06670
2018 +$0.80040
28-Dec$0.06670
29-Nov$0.06670
30-Oct$0.06670
27-Sep$0.06670
30-Aug$0.06670
30-Jul$0.06670
28-Jun$0.06670
30-May$0.06670
27-Apr$0.06670
28-Mar$0.06670
27-Feb$0.06670
30-Jan$0.06670
2017 +$0.80040
28-Dec$0.06670
29-Nov$0.06670
30-Oct$0.06670
28-Sep$0.06670
30-Aug$0.06670
28-Jul$0.06670
29-Jun$0.06670
30-May$0.06670
27-Apr$0.06670
30-Mar$0.06670
27-Feb$0.06670
30-Jan$0.06670
2016 +$0.80040
29-Dec$0.06670
29-Nov$0.06670
28-Oct$0.06670
29-Sep$0.06670
30-Aug$0.06670
28-Jul$0.06670
29-Jun$0.06670
30-May$0.06670
28-Apr$0.06670
30-Mar$0.06670
26-Feb$0.06670
29-Jan$0.06670
2015 +$0.78340
30-Dec$0.06670
29-Nov$0.06670
29-Oct$0.20000
29-Sep$0.20000
29-Jun$0.12500
30-Mar$0.12500
2014 +$0.50000
30-Dec$0.12500
29-Sep$0.12500
27-Jun$0.12500
28-Mar$0.12500
2013 +$0.55740
30-Dec$0.18240
27-Sep$0.12500
27-Jun$0.12500
27-Mar$0.12500
2012 +$0.50000
28-Dec$0.12500
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
2010 +$0.12500
30-Dec$0.12500
Distribution details (.csv)

Twelve month trailing distribution yield : 3.85% (as at 11 Aug 2020)

Class FTotal
SI$6.63430
2020 +$0.46690
30-Jul$0.06670
29-Jun$0.06670
28-May$0.06670
29-Apr$0.06670
30-Mar$0.06670
27-Feb$0.06670
30-Jan$0.06670
2019 +$0.80040
30-Dec$0.06670
28-Nov$0.06670
30-Oct$0.06670
27-Sep$0.06670
29-Aug$0.06670
30-Jul$0.06670
27-Jun$0.06670
30-May$0.06670
29-Apr$0.06670
28-Mar$0.06670
27-Feb$0.06670
30-Jan$0.06670
2018 +$0.80040
28-Dec$0.06670
29-Nov$0.06670
30-Oct$0.06670
27-Sep$0.06670
30-Aug$0.06670
30-Jul$0.06670
28-Jun$0.06670
30-May$0.06670
27-Apr$0.06670
28-Mar$0.06670
27-Feb$0.06670
30-Jan$0.06670
2017 +$0.80040
28-Dec$0.06670
29-Nov$0.06670
30-Oct$0.06670
28-Sep$0.06670
30-Aug$0.06670
28-Jul$0.06670
29-Jun$0.06670
30-May$0.06670
27-Apr$0.06670
30-Mar$0.06670
27-Feb$0.06670
30-Jan$0.06670
2016 +$0.80040
29-Dec$0.06670
29-Nov$0.06670
28-Oct$0.06670
29-Sep$0.06670
30-Aug$0.06670
28-Jul$0.06670
29-Jun$0.06670
30-May$0.06670
28-Apr$0.06670
30-Mar$0.06670
26-Feb$0.06670
29-Jan$0.06670
2015 +$0.78340
30-Dec$0.06670
29-Nov$0.06670
29-Oct$0.20000
29-Sep$0.20000
29-Jun$0.12500
30-Mar$0.12500
2014 +$0.50000
30-Dec$0.12500
29-Sep$0.12500
27-Jun$0.12500
28-Mar$0.12500
2013 +$0.55740
30-Dec$0.18240
27-Sep$0.12500
27-Jun$0.12500
27-Mar$0.12500
2012 +$0.50000
28-Dec$0.12500
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
2010 +$0.12500
30-Dec$0.12500

News

28 Feb 2019 The fundamentals for REITs remain solid Morningstar | Manager Insight by Michael Ryval
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
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
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
19 Mar 2013 First Asset ETFs Deliver Top Results Marketwired
3 Dec 2012 Top 20 quality U.S. dividend stocks, according to Morningstar The Globe and Mail | David Parkinson
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
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 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

Quarterly Summary of Investment Portfolio

31 Mar, 2020 - Summary of Investment Portfolio

30 Sep, 2019 - Summary of Investment Portfolio

Interim Financial Statements

30 Jun, 2019 - Interim Financial Statements

Interim Management Report of Fund Performance

30 Jun, 2019 - Interim Management Report of Fund Performance

Annual Financial Statements

31 Dec, 2019 - Annual Financial Statements

31 Dec, 2018 - Annual Financial Statements

Annual Management Report of Fund Performance

31 Dec, 2019 - Annual Management Report of Fund Performance

31 Dec, 2018 - Annual Management Report of Fund Performance

Annual Information Form

8 May, 2020 - Annual Information Form

Proxy Voting Record

National Instrument 81-106 Investment Fund Continuous Disclosure requires disclosure of the proxy voting record on an annual basis for the period ending on June 30 of each year. The proxy voting record must be posted on the website no later than August 31 of each year.

Canadian securities law provides that the manager of an investment funds (in this case, CI Investments Inc. ("CI")), acting on behalf of the investment fund, has the right and obligation to vote proxies relating to the investment fund's portfolio securities. As a practical matter, CI delegates this function to the applicable portfolio manager or sub-adviser, as part of the portfolio manager's or sub-adviser's general management of the investment fund assets, subject to oversight by CI. CI generally requires that applicable portfolio managers or sub-advisers vote all proxies in the best interest of CI's funds and their securityholders, as determined solely by the portfolio manager or sub-adviser, and subject to CI's proxy voting policy, the guidelines applicable to the individual portfolio manager or sub-adviser, and applicable legislation. Portfolio managers and sub-advisers are generally expected to vote on any matter for which the investment fund receives proxy materials for a meeting of securityholders of an issuer.

Proxy voting record for the most recent year:

30 Jun, 2019 - Proxy Voting Record

Independent Review Committee Report to Securityholders

12 Mar, 2020 - Independent Review Committee Report to Securityholders

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 REIT Income Fund please click here