FSL vs. MGAB ETF Comparison

Comparison of First Trust Senior Loan ETF (CAD-Hedged) (FSL) to Mackenzie Global Fixed Income Alloc ETF (MGAB)

FSL

First Trust Senior Loan ETF (CAD-Hedged)

FSL Description

First Trust Senior Loan ETF (CAD-Hedged) seeks to provide Unitholders with a high level of current income by investing primarily in a diversified portfolio of senior floating rate loans and debt securities, with capital appreciation as a secondary objective. First Trust Senior Loan ETF (CAD-Hedged) will primarily invest in a portfolio of senior floating rate loans which are generally rated at or below BB+ by Standard & Poors, or Ba1 or less by Moody’s Investor Services, Inc., or a similar rating by designated credit rating organization (as such defined in NI 81-102).

Grade (RS Rating)

Last Trade

$17.06

Average Daily Volume

1,371

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

MGAB

Mackenzie Global Fixed Income Alloc ETF

MGAB Description

Mackenzie Global Fixed Income Allocation ETF seeks to provide income with a potential for modest capital appreciation, primarily by investing in ETFs that provide exposure to a portfolio of fixed income securities of issuers anywhere in the world, diversified by sector, geography, credit quality, duration and currency

Grade (RS Rating)

Last Trade

$16.56

Average Daily Volume

2,646

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	FSL	MGAB
30 Days	0.06%	-0.30%
60 Days	-0.18%	-0.72%
90 Days	0.29%	-1.13%
12 Months	1.94%	-3.72%

0 Overlapping Holdings

	Symbol	Grade	Weight in FSL	Weight in MGAB	Overlap

FSL Overweight 1 Positions Relative to MGAB

	Symbol	Grade	Weight
	FSL	C	99.5%

FSL Underweight 7 Positions Relative to MGAB

	Symbol	Grade	Weight
	QSB	B	-17.16%
	QBB	B	-15.19%
	QUIG	D	-12.13%
	QEBL	F	-8.06%
	QEBH	B	-6.13%
	MFT	F	-5.05%
	QHY	D	-5.04%

FSL: Top Represented Industries & Keywords

Industries:

Keywords: Betashares Credit Credit Rating Debt Etf Exchange Traded Funds Financial Law Financial Markets Investor Investor Services Loans Mortgage Backed Security Structured Finance

MGAB: Top Represented Industries & Keywords

Industries:

Keywords: Solactive Etf Currency Betashares Corporate Bond Exchange Traded Funds Government Emerging Market Financial Markets Government Bond High Yield Debt Bloomberg Barclays Us Aggregate Bond Index Cad Hedged Debt Exchange Traded Fund Financial Law Fixed Income Analysis Inverse Exchange Traded Fund Market Risk Security