FLI vs. XMD ETF Comparison

Comparison of First Asset U.S. & Canada LifeCo Income ETF (FLI) to iShares S&P/TSX Completion Index ETF (XMD)
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

$9.74

Average Daily Volume

8,940

Number of Holdings *

3

* may have additional holdings in another (foreign) market
XMD

iShares S&P/TSX Completion Index ETF

XMD Description iShares S&P/TSX Completion Index Fund, formerly iShares CDN S&P TSX Completion Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Completion Index (the Index) through investments in the constituent issuers of such Index. The Index consists of securities that, on the basis of market capitalization, make up the mid and smaller tier of the Canadian issuers listed on the Toronto Stock Exchange (TSX), selected by S&P using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$33.92

Average Daily Volume

6,112

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period FLI XMD
30 Days -4.70% -2.28%
60 Days 3.40% 0.83%
90 Days -4.92% 3.24%
12 Months 11.18% 12.63%
1 Overlapping Holdings
Symbol Grade Weight in FLI Weight in XMD Overlap
GWO D 9.57% 1.83% 1.83%
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