First Asset Morningstar International Momentum Index ETF (CAD Hedged)

Investment Objectives

The First Asset Morningstar International Momentum Index ETF (the "Fund") has been designed to replicate, to the extent possible, the performance of the Morningstar® Developed Markets ex-North America Target Momentum 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 have demonstrated, among other things, positive momentum in earnings and price.

The investment strategy of the Fund is to invest in and hold the constituent securities of the Index. It is intended that, except as described in the prospectus, at all times at least 90% of the foreign currency denominated assets held by the Fund attributable to the Units will be hedged back to the Canadian dollar.

 1m3m6mYTD1y2ySI
ZXM 2.16%6.16%5.73%6.16%9.02%5.27%10.31%
Benchmark2.41%4.71%12.12%4.71%18.00%2.38%6.94%
As at: 31 Mar 2017 - Benchmark: MSCI EAFE NR Index
 1m3m6mYTD1y2ySI
ZXM.A 2.08%5.94%5.27%5.94%8.09%4.37%9.41%
Benchmark2.41%4.71%12.12%4.71%18.00%2.38%6.94%
As at: 31 Mar 2017 - Benchmark: MSCI EAFE NR Index

 

Sector Breakdown*

As at 31 March 2017
*As a percent of invested assets

 

Country Breakdown*

As at 31 March 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 EAFE Index is an equity index which captures large and mid cap representation across Developed Markets countries around the world, excluding the US and Canada. With 901 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country. This Index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of the broader global, developed market countries (excluding North America).

Key Facts

Index Characteristics

Number of Securities200
Price/Earnings Ratio13.59
Price/Book Ratio2.27
As at 31 Mar, 2017

Index Risk Return Measures

Time period: 12/29/2000 to 03/31/2017IndexBenchmark
Return (% annualized)11.653.09
Std Dev14.3714.56
Beta0.871.00
Sharpe0.700.14
Sortino Ratio0.960.19
Max Drawdown-53.78-51.19
Up Capture109.22100.00
Down Capture67.31100.00
As at 31 Mar, 2017
Index: Morningstar® Developed Markets ex-North America Target Momentum Index™ (CAD Hedged)
Benchmark: MSCI EAFE NR Index (CAD Hedged)
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Distributions

Distribution details (.csv)

Twelve month-trailing distribution yield: 1.11%

ZXMTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$0.82160$0.67180$0.14980--$0.01251$0.10834$0.04539$0.63102$0.05086
2017 +$0.07520$0.07520--------
30-Mar$0.07520$0.07520--------
2016 +$0.34420$0.27390$0.07030----$0.00010$0.37983$0.03573
29-Dec$0.06740$0.06740-----$0.00002$0.07438$0.00700
29-Dec$0.07030-$0.07030----$0.00002$0.07758$0.00730
29-Sep$0.06400$0.06400-----$0.00002$0.07062$0.00664
29-Jun$0.07140$0.07140-----$0.00002$0.07879$0.00741
30-Mar$0.07110$0.07110-----$0.00002$0.07846$0.00738
2015 +$0.27050$0.27050-----$0.04458$0.23941$0.01349
30-Dec$0.07680$0.07680-----$0.01266$0.06797$0.00383
29-Sep$0.06130$0.06130-----$0.01010$0.05425$0.00305
29-Jun$0.06610$0.06610-----$0.01089$0.05851$0.00330
30-Mar$0.06630$0.06630-----$0.01093$0.05868$0.00331
2014 +$0.13170$0.05220$0.07950--$0.01251$0.10834$0.00071$0.01178$0.00164
30-Dec$0.07950-$0.07950--$0.00755$0.06540$0.00043$0.00711$0.00099
30-Dec$0.05220$0.05220---$0.00496$0.04294$0.00028$0.00467$0.00065
Distribution details (.csv)

Twelve month-trailing distribution yield: 0.33%

ZXM.ATotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$0.45550$0.25650$0.19900---$0.24080$0.00331$0.20583$0.01754
2017 +$0.02310$0.02310--------
30-Mar$0.02310$0.02310--------
2016 +$0.09920$0.08320$0.01600----$0.00007$0.10929$0.01016
29-Dec$0.01910$0.01910-----$0.00001$0.02104$0.00195
29-Dec$0.01600-$0.01600----$0.00001$0.01763$0.00164
29-Sep$0.01580$0.01580-----$0.00001$0.01741$0.00162
29-Jun$0.02440$0.02440-----$0.00002$0.02688$0.00250
30-Mar$0.02390$0.02390-----$0.00002$0.02633$0.00245
2015 +$0.07440$0.07440------$0.07945$0.00505
30-Dec$0.02610$0.02610------$0.02787$0.00177
29-Sep$0.01390$0.01390------$0.01484$0.00094
29-Jun$0.01630$0.01630------$0.01741$0.00111
30-Mar$0.01810$0.01810------$0.01933$0.00123
2014 +$0.25880$0.07580$0.18300---$0.24080$0.00324$0.01709$0.00233
30-Dec$0.18300-$0.18300---$0.17027$0.00229$0.01209$0.00165
30-Dec$0.07580$0.07580----$0.07053$0.00095$0.00500$0.00068

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