First Asset Tech Giants Covered Call ETF (Unhedged)


Fund Overview

This ETF provides differentiated exposure to some of the largest, most innovative technology companies by minimizing volatility and generating attractive income through an actively managed covered call writing strategy. The largest 25 issuers, measured by market capitalization, listed on the NYSE or Nasdaq are chosen for inclusion in the ETF on an equally weighted basis and are rebalanced quarterly. Distributions are paid quarterly and no more than 25% of the portfolio's securities will have call options written upon them at any given time.

The foreign currency exposure attributable to the Units will not be hedged back to the Canadian dollar.

Sector Breakdown*

As at 31 January 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.

Key Facts

Fund Characteristics

Gross Option Premium*6.41%
Current Dividend Yield11.30%
Price/Earnings Ratio23.09
Price/Book Ratio4.55
As at 31 Jan, 2018
* Gross Option Premiums represent those received on 19 Jan, 2018
1 The Current Dividend Yield represents the gross yield on the ETF`s underlying portfolio of securities. It is not the yield or the distribution investors will receive by virtue of an investment in the ETF.

Fund Statistics

P/S Ratio (TTM) (Long)3.70
P/C Ratio (TTM) (Long)15.69
ROA % (TTM) (Long)12.27
ROE % (TTM) (Long)25.71
As at 31 Jan, 2018


Distribution details (.csv)
TXF.BTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
2017 +$0.57680$0.30680$0.27000-------


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To access the SEDAR filings of First Asset Tech Giants Covered Call ETF (Unhedged) please click here