FLI vs. CEW ETF Comparison

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

$11.70

Average Daily Volume

3,027

Number of Holdings *

3

* may have additional holdings in another (foreign) market
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

$20.78

Average Daily Volume

9,017

Number of Holdings *

8

* may have additional holdings in another (foreign) market
Performance
Period FLI CEW
30 Days 2.63% 4.42%
60 Days 7.93% 8.55%
90 Days 13.04% 17.09%
12 Months 30.21% 35.91%
3 Overlapping Holdings
Symbol Grade Weight in FLI Weight in CEW Overlap
GWO A 9.98% 9.92% 9.92%
MFC A 10.14% 10.2% 10.14%
SLF A 10.1% 10.01% 10.01%
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