BNC vs. FLI ETF Comparison

Comparison of Purpose Canadian Financial Income Fund Series ETF (BNC) to First Asset U.S. & Canada LifeCo Income ETF (FLI)

BNC

Purpose Canadian Financial Income Fund Series ETF

BNC Description

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.

Grade (RS Rating)

Last Trade

$28.97

Average Daily Volume

1,457

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

FLI

First Asset U.S. & Canada LifeCo Income ETF

FLI Description

First Asset U.S. & Canada Lifeco Income ETF (the Fund), formerly First Asset U.S. & Canada LifeCo Income Fund, is a Canada-based exchange traded fund. The Fund's investment objectives are to provide unitholders with quarterly cash distributions; the opportunity for capital appreciation, and lower overall volatility of portfolio returns than would be experienced by owning a portfolio of publicly traded common equity securities of the United States and Canadian life insurance companies by market capitalization directly. The Fund provides investors with a way to diversify their holdings within the financial sector, while also providing an opportunity to participate in the stock gains that life insurance companies are about to experience in a rising interest rate environment. The Fund's investment manager is First Asset Investment Management Inc.

Grade (RS Rating)

Last Trade

$11.70

Average Daily Volume

3,027

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	BNC	FLI
30 Days	3.54%	2.63%
60 Days		7.93%
90 Days		13.04%
12 Months		30.21%

3 Overlapping Holdings

	Symbol	Grade	Weight in BNC	Weight in FLI	Overlap
	GWO	A	9.09%	9.98%	9.09%
	MFC	A	7.21%	10.14%	7.21%
	SLF	A	7.59%	10.1%	7.59%

BNC Overweight 5 Positions Relative to FLI

	Symbol	Grade	Weight
	CM	A	12.39%
	NA	A	12.02%
	BNS	A	11.89%
	IAG	A	9.26%
	BMO	A	6.68%

BNC Underweight 0 Positions Relative to FLI

	Symbol	Grade	Weight

BNC: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Diversified Insurance - Life

Keywords: Financial Services Financial Insurance Asset Management Bank Banking Investment Banking S&P/Tsx 60 Index Wealth Management Health ING Group Reinsurance Retail Banking Products Capital Market Capital Markets Credit Economic History Of Italy Financial Products Government

FLI: Top Represented Industries & Keywords

Industries: Insurance - Life Insurance - Diversified

Keywords: Asset Management Financial Financial Services Insurance Reinsurance Health Life Insurance S&P/Tsx 60 Index Annuity Asset Management Solutions Corporate Segment Gen Re Great West Lifeco Health Insurance Insurance Companies Insurance Operations Investment Management John Hancock London Malaysia