ESGC vs. PFAE ETF Comparison

Comparison of Invesco SP TSX Composite ESG Index ETF (ESGC) to Picton Mahoney Fort Act Ext Alt Fund ETF (PFAE)

ESGC

Invesco SP TSX Composite ESG Index ETF

ESGC Description

ESGC seeks to replicate, to the extent reasonably possible andbefore fees and expenses, the performance of the S&P/TSXComposite ESG Index, or any successor thereto. The Invesco ETFinvests, directly or indirectly, primarily in equity securities ofcompanies listed on the TSX.

Grade (RS Rating)

Last Trade

$29.04

Average Daily Volume

1,410

Number of Holdings ^*

9

* 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

$20.99

Average Daily Volume

1,225

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	ESGC	PFAE
30 Days	1.70%	2.37%
60 Days	4.47%	6.52%
90 Days	9.23%	10.39%
12 Months	23.63%	33.66%

4 Overlapping Holdings

	Symbol	Grade	Weight in ESGC	Weight in PFAE	Overlap
	CM	A	3.58%	2.67%	2.67%
	CP	D	4.89%	4.7%	4.7%
	ENB	A	5.41%	2.8%	2.8%
	MFC	B	3.22%	2.85%	2.85%

ESGC Overweight 5 Positions Relative to PFAE

	Symbol	Grade	Weight
	SHOP	B	5.94%
	BNS	A	4.1%
	BMO	A	4.03%
	CNR	F	3.97%
	TRP	A	3.06%

ESGC Underweight 2 Positions Relative to PFAE

	Symbol	Grade	Weight
	EFN	B	-2.8%
	SU	A	-2.71%

ESGC: Top Represented Industries & Keywords

Industries: Banks - Global Oil & Gas Midstream Railroads Insurance - Life Software - Application

Keywords: S&P/Tsx 60 Index Retail Financial Services Bank Banking Financial Investment Banking Mobile Transport Transportation Banking Products Capital Market Capital Markets Commodity Energy Government ING Group Insurance Integrated Investment Banks

PFAE: Top Represented Industries & Keywords

Industries: Banks - Global Credit Services Insurance - Life Oil & Gas Integrated Oil & Gas Midstream Railroads

Keywords: S&P/Tsx 60 Index Transport Marketing Crude Oil Energy Financial Financial Services Integrated Natural Gas Oil Oil Sands Retail Sports Transportation Truck Vehicle Vehicles Advisors Advisory Services Asset Management