FLI vs. HMAX ETF Comparison

Comparison of First Asset U.S. & Canada LifeCo Income ETF (FLI) to Hamilton CDN Financial Yld Maximizer ETF (HMAX)

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

HMAX

Hamilton CDN Financial Yld Maximizer ETF

HMAX Description

NA

Grade (RS Rating)

Last Trade

$14.71

Average Daily Volume

256,326

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	FLI	HMAX
30 Days	2.63%	2.51%
60 Days	7.93%	4.65%
90 Days	13.04%	10.65%
12 Months	30.21%	25.12%

2 Overlapping Holdings

	Symbol	Grade	Weight in FLI	Weight in HMAX	Overlap
	MFC	A	10.14%	7.38%	7.38%
	SLF	A	10.1%	4.7%	4.7%

FLI Overweight 1 Positions Relative to HMAX

	Symbol	Grade	Weight
	GWO	A	9.98%

FLI Underweight 6 Positions Relative to HMAX

	Symbol	Grade	Weight
	BN	B	-12.24%
	BNS	A	-9.46%
	BMO	A	-9.23%
	CM	A	-8.2%
	IFC	B	-4.8%
	NA	A	-4.55%

FLI: Top Represented Industries & Keywords

Industries: Insurance - Life Insurance - Diversified

Keywords: Asset Management Financial Financial Services Insurance Reinsurance Health Life Insurance S&P/Tsx 60 Index Annuity Asset Management Solutions Corporate Segment Gen Re Great West Lifeco Health Insurance Insurance Companies Insurance Operations Investment Management John Hancock London Malaysia

HMAX: Top Represented Industries & Keywords

Industries: Banks - Global Asset Management Insurance - Diversified Insurance - Life Insurance - Property & Casualty

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