First Asset MSCI World Low Risk Weighted ETF (Unhedged)

Morningstar

Investment Objectives

The Fund has been designed to replicate, to the extent possible, the performance of the MSCI World Risk Weighted Top 200 Index (the “Index”), net of expenses.

MSCI World Risk Weighted Top 200 Index is based on a traditional market capitalization weighted parent index, MSCI World Index, which includes large and mid-capitalization stocks. Constructed using a simple, but effective and transparent process, each security of the parent index is reweighted so that stocks with lower risk are given higher index weights. The final constituents of the MSCI World Risk Weighted Top 200 Index are determined by ranking these security level risk weights and taking the top 200 subset securities. The Indexes seek to emphasize stocks with lower historical return variance and tend to have a bias towards lower size and lower risk stocks. Historically, the Indexes have exhibited lower realized volatility in comparison to its parent index.

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
RWW.B 3.25%10.02%11.29%8.95%19.48%13.64%15.43%16.73%
Benchmark4.09%10.73%14.71%10.27%25.86%12.00%14.35%14.61%
As at: 28 Apr 2017 - Benchmark: MSCI World GR Index (Unhedged)
 1m3m6mYTD1y2y3ySI
RWW.D 3.19%9.82%10.88%8.68%18.62%12.75%14.51%15.80%
Benchmark4.09%10.73%14.71%10.27%25.86%12.00%14.35%14.61%
As at: 28 Apr 2017 - Benchmark: MSCI World GR Index (Unhedged)

 

Sector Breakdown*

As at 28 April 2017
*As a percent of invested assets

 

Country Breakdown*

As at 28 April 2017
*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 World Index captures large and mid-cap representation across 23 Developed Markets (DM) countries covering approximately 85% of the free float-adjusted market capitalization in each country

Key Facts

Index Characteristics

Number of Securities200
Price/Earnings Ratio18.81
Price/Book Ratio2.24
As at 28 Apr, 2017

Index Risk Return Measures

Time period: 12/31/1998 to 04/28/2017IndexBenchmark
Return (% annualized)8.374.46
Std Dev9.0311.99
Beta0.461.00
Sharpe0.680.23
Sortino Ratio1.100.32
Max Drawdown-32.07-44.54
Up Capture59.92100.00
Down Capture23.18100.00
As at 28 Apr, 2017
Index: MSCI World Risk Weighted Top 200 Index (Unhedged)
Benchmark: MSCI World GR Index (Unhedged)
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Distributions

Distribution details (.csv)

Twelve month-trailing distribution yield: 1.74%

RWW.BTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$2.18150$1.70470$0.47680$0.25173--$0.39500$0.13344$1.40482$0.14539
2017 +$0.14190$0.14190--------
30-Mar$0.14190$0.14190--------
2016 +$0.52560$0.52560-$0.01633---$0.12250$0.43437$0.04760
29-Dec$0.13900$0.13900-$0.00432---$0.03240$0.11487$0.01259
29-Sep$0.12720$0.12720-$0.00395---$0.02965$0.10512$0.01152
29-Jun$0.12710$0.12710-$0.00395---$0.02962$0.10504$0.01151
30-Mar$0.13230$0.13230-$0.00411---$0.03083$0.10934$0.01198
2015 +$0.62590$0.51590$0.11000$0.13664----$0.55129$0.06203
30-Dec$0.11000-$0.11000$0.02401----$0.09689$0.01090
30-Dec$0.13170$0.13170-$0.02875----$0.11600$0.01305
29-Sep$0.13230$0.13230-$0.02888----$0.11653$0.01311
29-Jun$0.12490$0.12490-$0.02727----$0.11001$0.01238
30-Mar$0.12700$0.12700-$0.02773----$0.11186$0.01259
2014 +$0.88810$0.52130$0.36680$0.09876--$0.39500$0.01094$0.41916$0.03576
30-Dec$0.36680-$0.36680$0.04079--$0.16314$0.00452$0.17312$0.01477
30-Dec$0.23950$0.23950-$0.02663--$0.10652$0.00295$0.11304$0.00964
29-Sep$0.11450$0.11450-$0.01273--$0.05093$0.00141$0.05404$0.00461
27-Jun$0.16730$0.16730-$0.01861--$0.07441$0.00206$0.07896$0.00674
Distribution details (.csv)

Twelve month-trailing distribution yield: 0.96%

RWW.DTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$1.51620$1.03420$0.48200$0.35802--$0.39445$0.01021$0.75410$0.07898
2017 +$0.07840$0.07840--------
30-Mar$0.07840$0.07840--------
2016 +$0.29240$0.29240-$0.12283----$0.19217$0.02260
29-Dec$0.07970$0.07970-$0.03348----$0.05238$0.00616
29-Sep$0.06830$0.06830-$0.02869----$0.04489$0.00528
29-Jun$0.06970$0.06970-$0.02928----$0.04581$0.00539
30-Mar$0.07470$0.07470-$0.03138----$0.04909$0.00577
2015 +$0.40920$0.29920$0.11000$0.13653----$0.30683$0.03416
30-Dec$0.11000-$0.11000$0.03670----$0.08248$0.00918
30-Dec$0.07520$0.07520-$0.02509----$0.05639$0.00628
29-Sep$0.07870$0.07870-$0.02626----$0.05901$0.00657
29-Jun$0.07270$0.07270-$0.02426----$0.05451$0.00607
30-Mar$0.07260$0.07260-$0.02422----$0.05444$0.00606
2014 +$0.73620$0.36420$0.37200$0.09866--$0.39445$0.01021$0.25510$0.02222
30-Dec$0.37200-$0.37200$0.04985--$0.19932$0.00516$0.12890$0.01123
30-Dec$0.19250$0.19250-$0.02580--$0.10314$0.00267$0.06670$0.00581
29-Sep$0.06790$0.06790-$0.00910--$0.03638$0.00094$0.02353$0.00205
27-Jun$0.10380$0.10380-$0.01391--$0.05561$0.00144$0.03597$0.00313

News

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
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
11 Feb 2014 First Asset launches "risk-weighted" equity ETFs Morningstar | Rudy Luukko

Documents

12 Apr, 2017 | Advisor units

25 Aug, 2016 | Common units

31 Dec, 2016 | Financial Statements

30 Jun, 2016 | Financial Statements

31 Dec, 2015 | Financial Statements

30 Jun, 2015 | Financial Statements

31 Dec, 2014 | Financial Statements

30 Jun, 2014 | Financial Statements

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 MSCI World Low Risk Weighted ETF (Unhedged) please click here