ESGA vs. PFAE ETF Comparison

Comparison of BMO MSCI Canada ESG Leaders Index ETF (ESGA) to Picton Mahoney Fort Act Ext Alt Fund ETF (PFAE)

ESGA

BMO MSCI Canada ESG Leaders Index ETF

ESGA Description

BMO MSCI Canada ESG Leaders Index ETF seeks to replicate, to the extent possible, the performance ofan ESG-focused Canadian equity index, net of expenses. Currently, BMO MSCI Canada ESG Leaders Index ETFseeks to replicate the performance of the MSCI Canada ESG Leaders Index.

Grade (RS Rating)

Last Trade

$34.95

Average Daily Volume

1,690

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

PFAE

Picton Mahoney Fort Act Ext Alt Fund ETF

PFAE Description

The investment objective of the Picton Mahoney Fortified Extension Alternative Fund (the “Fund”) is to provide long-term capital appreciation and to provide unitholders with an attractive risk-adjusted rate of return with similar volatility to the traditional equity market by taking long and short investment positions in an actively-managed portfolio comprised primarily of Canadian equity securities.

Grade (RS Rating)

Last Trade

$18.01

Average Daily Volume

1,392

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	ESGA	PFAE
30 Days	1.80%	3.37%
60 Days	0.00%	1.85%
90 Days	2.42%	6.40%
12 Months	9.71%	15.86%

2 Overlapping Holdings

	Symbol	Grade	Weight in ESGA	Weight in PFAE	Overlap
	BMO	B	6.93%	6.87%	6.87%
	SLF	D	3.14%	3.05%	3.05%

ESGA Overweight 6 Positions Relative to PFAE

	Symbol	Grade	Weight
	ENB	C	7.56%
	CNR	C	7.08%
	BNS	D	6.19%
	BN	A	5.72%
	ATD	C	4.32%
	AEM	C	2.91%

ESGA Underweight 3 Positions Relative to PFAE

	Symbol	Grade	Weight
	CP	D	-4.75%
	EFN	A	-3.1%
	CNQ	D	-2.89%

ESGA: Top Represented Industries & Keywords

Industries: Banks - Global Asset Management Gold Insurance - Diversified Oil & Gas Midstream Railroads Specialty Retail

Keywords: S&P/Tsx 60 Index Bank Financial Services Retail Banking Banking Products Commodity Energy Financial ING Group Insurance Investment Banking Marketing Mining Montreal Retailers Transport Transportation Agnico Eagle Mines Limited Alabama

PFAE: Top Represented Industries & Keywords

Industries: Banks - Global Credit Services Insurance - Diversified Oil & Gas E&P Railroads

Keywords: S&P/Tsx 60 Index Retail Financial Financial Services Insurance Marketing Transport Truck Vehicle Vehicles Asset Management Asset Management Solutions Bank Bank Of Montreal Banking Banking Products Capital Market Capital Markets Cars Coal