FLI vs. RQP ETF Comparison

Comparison of First Asset U.S. & Canada LifeCo Income ETF (FLI) to RBC Target 2027 Corporate Bond Index ETF (RQP)

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

RQP

RBC Target 2027 Corporate Bond Index ETF

RQP Description

The investment objective of the RBC Target 2027 Corporate Bond Index ETF is to provide income, for a limited period of time ending on the RBC Target 2027 Corporate Bond Index ETF?s Termination Date, by replicating, to the extent possible, the investment results that correspond generally to the performance, before the RBC Target 2027 Corporate Bond Index ETF?s fees and expenses, of the FTSE Canada 2027 Maturity Corporate Bond Index (as set out under ?FTSE Maturity Corporate Bond Indices? below). The RBC Target 2027 Corporate Bond Index ETF intends to invest at least 90% of its total assets in and hold the Index Securities of the FTSE Canada 2027 Maturity Corporate Bond Index and/or securities that have economic characteristics that are substantially similar to those of the Index Securities of the FTSE Canada 2027 Maturity Corporate Bond Index. The RBC Target 2027 Corporate Bond Index ETF will terminate on its Termination Date.

Grade (RS Rating)

Last Trade

$18.22

Average Daily Volume

14,202

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	FLI	RQP
30 Days	2.63%	-0.27%
60 Days	7.93%	-0.49%
90 Days	13.04%	0.61%
12 Months	30.21%	6.15%

1 Overlapping Holdings

	Symbol	Grade	Weight in FLI	Weight in RQP	Overlap
	SLF	A	10.1%	9.15%	9.15%

FLI Overweight 2 Positions Relative to RQP

	Symbol	Grade	Weight
	MFC	A	10.14%
	GWO	A	9.98%

FLI Underweight 0 Positions Relative to RQP

	Symbol	Grade	Weight

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

RQP: Top Represented Industries & Keywords

Industries: Insurance - Diversified

Keywords: Asset Management Asset Management Solutions Corporate Segment Financial Financial Services Insurance Insurance Companies Investment Management Malaysia Reinsurance Retail S&P/Tsx 60 Index Sun Life Financial