CEW vs. FLI ETF Comparison

Comparison of iShares Equal Weight Banc & Lifeco ETF (CEW) to First Asset U.S. & Canada LifeCo Income ETF (FLI)

CEW

iShares Equal Weight Banc & Lifeco ETF

CEW Description

The investment seeks to provide investors with a diversified equal weighted investment in a portfolio consisting of common shares of the largest Canadian banks and life insurance companies.

Grade (RS Rating)

Last Trade

$21.08

Average Daily Volume

9,368

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

$11.82

Average Daily Volume

3,050

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	CEW	FLI
30 Days	5.98%	4.23%
60 Days	8.59%	7.26%
90 Days	16.36%	11.51%
12 Months	37.34%	29.22%

3 Overlapping Holdings

	Symbol	Grade	Weight in CEW	Weight in FLI	Overlap
	GWO	A	9.92%	9.98%	9.92%
	MFC	A	10.2%	10.14%	10.14%
	SLF	A	10.01%	10.1%	10.01%

CEW Overweight 5 Positions Relative to FLI

	Symbol	Grade	Weight
	BMO	A	10.13%
	IAG	A	10.08%
	NA	A	10.02%
	BNS	A	9.97%
	CM	A	9.74%

CEW Underweight 0 Positions Relative to FLI

	Symbol	Grade	Weight

CEW: 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