FXM vs. CIF ETF Comparison

Comparison of First Asset Morningstar Canada Value Index ETF (FXM) to iShares Global Infrastructure Index ETF (CIF)

FXM

First Asset Morningstar Canada Value Index ETF

FXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Value Index™ , net of expenses. The ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which are considered to be “good value” based on characteristics like low price to earnings and low price to cash flow ratios.

Grade (RS Rating)

Last Trade

$21.97

Average Daily Volume

3,162

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CIF

iShares Global Infrastructure Index ETF

CIF Description

The investment seeks to replicate, net of expenses, the Manulife Asset Management Global Infrastructure Index. The index which seeks to provide long-term capital appreciation by investing in companies involved in the infrastructure sector.

Grade (RS Rating)

Last Trade

$42.92

Average Daily Volume

12,209

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXM	CIF
30 Days	1.15%	2.61%
60 Days	4.97%	5.38%
90 Days	8.42%	12.53%
12 Months	6.01%	23.12%

0 Overlapping Holdings

	Symbol	Grade	Weight in FXM	Weight in CIF	Overlap

FXM Overweight 9 Positions Relative to CIF

Symbol	Grade	Weight
K	A	3.71%
FTT	B	3.62%
VET	C	3.61%
BBD.B	A	3.61%
AC	D	3.56%
MEG	B	3.51%
DOO	C	3.42%
MFC	C	3.41%
AQN	B	3.38%

FXM Underweight 3 Positions Relative to CIF

Symbol	Grade	Weight
STN	A	-4.8%
GEI	D	-3.6%
TA	C	-3.25%

FXM: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Airlines Banks - Regional - Latin America Gold Industrial Distribution Insurance - Life Recreational Vehicles Utilities - Independent Power Producers