CIC vs. CBNK ETF Comparison

Comparison of First Asset CanBanc Income Class ETF (CIC) to Mulvihill Enhanced Yield Canadian Bank ETF (CBNK)

CIC

First Asset CanBanc Income Class ETF

CIC Description

The ETF’s investment objectives are to provide Shareholders with (i) quarterly distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would be experienced by owning a portfolio of common shares of the Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank directly.

Grade (RS Rating)

Last Trade

$11.89

Average Daily Volume

7,225

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

CBNK

Mulvihill Enhanced Yield Canadian Bank ETF

CBNK Description

Mulvihill Enhanced Yield Canadian Bank ETF invests in the common shares of the "Big Six" Canadian Banks while adding modest 25% leverage and option writing strategies to further enhance the underlying portfolio dividend yields. CBNK targets a 7% annual yield, over 2x the current yield of the S&P/TSX Diversified Banks Index, making it the highest yielding Canadian Bank ETF. Mulvihill Capital Management Inc. has a 25+ year track record managing a similar strategy.

Grade (RS Rating)

Last Trade

$8.13

Average Daily Volume

23,945

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

Performance

Period	CIC	CBNK
30 Days	6.44%	8.50%
60 Days	8.94%	11.47%
90 Days	15.65%	19.65%
12 Months	20.26%	18.44%

4 Overlapping Holdings

	Symbol	Grade	Weight in CIC	Weight in CBNK	Overlap
	BMO	C	14.8%	14.34%	14.34%
	BNS	A	16.37%	13.19%	13.19%
	CM	B	18.25%	18.03%	18.03%
	NA	B	17.41%	17.33%	17.33%

CIC Overweight 0 Positions Relative to CBNK

	Symbol	Grade	Weight

CIC Underweight 0 Positions Relative to CBNK

	Symbol	Grade	Weight

CIC: Top Represented Industries & Keywords

Industries: Banks - Global

Keywords: Bank Banking Financial Services Investment Banking Financial ING Group Wealth Management Banking Products Capital Market Capital Markets Economic History Of Italy Government Insurance Integrated Investment Banks Investment Solutions National Bank Of Canada Retail S&P/Tsx 60 Index Td Securities

CBNK: Top Represented Industries & Keywords

Industries: Banks - Global

Keywords: Bank Banking Financial Services Investment Banking Financial ING Group Wealth Management Banking Products Capital Market Capital Markets Economic History Of Italy Government Insurance Integrated Investment Banks Investment Solutions National Bank Of Canada Retail S&P/Tsx 60 Index Td Securities