CRED vs. ETP ETF Comparison

Comparison of CI Lawrence Park Alternative Investment Grade Credit ETF (CRED) to First Trust Global Risk Managed Income Index ETF (ETP)

CRED

CI Lawrence Park Alternative Investment Grade Credit ETF

CRED Description

CRED seeks to generate consistent positive total returns with an emphasis on capital preservation and low correlation to traditional equity and fixed income markets. CRED will be primarily invested in the investment grade debt of corporations and financial institutions in the developed world. CRED will use leverage. The leverage will be created through the use of cash borrowings, short sales and derivative contracts. CRED’s leverage must not exceed 300% of its NAV. The leverage will be calculated in accordance with the methodology prescribed by securities laws, or any exemptions therefrom. Any change to the investment objective must be approved by a majority of votes cast at a meeting of Unitholders held for that reason.

Grade (RS Rating)

Last Trade

$20.17

Average Daily Volume

3,074

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ETP

First Trust Global Risk Managed Income Index ETF

ETP Description

The First Trust ETF seeks to replicate, to the extent possible, the performance of the NASDAQ Global Risk Managed Incomeâ¢ Index, net of expenses. The investment strategy of the First Trust ETF is to invest in and hold the Constituent Securities of the Index in the same proportion as they are reflected in the Index or securities intended to replicate the performance of the Index.

Grade (RS Rating)

Last Trade

$17.66

Average Daily Volume

4,093

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CRED	ETP
30 Days	0.25%	-0.68%
60 Days	0.62%	-0.62%
90 Days	1.31%	1.44%
12 Months	6.87%	12.59%

1 Overlapping Holdings

	Symbol	Grade	Weight in CRED	Weight in ETP	Overlap
	XCB	B	7.55%	4.3%	4.3%

CRED Overweight 0 Positions Relative to ETP

	Symbol	Grade	Weight

CRED Underweight 1 Positions Relative to ETP

	Symbol	Grade	Weight
	ZEF	C	-11.59%

CRED: Top Represented Industries & Keywords

Industries:

Keywords: Bond Market Index Bond Market Indices Corporate Bond Economic Growth Economy Of London FTSE Ftse Tmx Canada London Stock Exchange Group Tmx Group

ETP: Top Represented Industries & Keywords

Industries:

Keywords: Bloomberg Bond Market Index Bond Market Indices Cad Hedged Corporate Bond Debt Economic Growth Economy Of London Emerging Market Etf Exchange Traded Funds External Debt FTSE Ftse Tmx Canada London Stock Exchange Group Tmx Group