MREL vs. RIT ETF Comparison

Comparison of Middlefield Real Estate Dividend ETF (MREL) to First Asset Canadian REIT ETF (RIT)

MREL

Middlefield Real Estate Dividend ETF

MREL Description

Middlefield Real Estate Dividend ETF is an exchange traded fund launched by Middlefield Limited. It is managed by Middlefield Capital Corporation. The fund invests in public equity markets of global region. It invests in stocks of companies operating across mortgage real estate investment trusts (reits), financials, diversified financials, equity real estate investment trusts (reits) sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to benchmark the performance of its portfolio against the S&P/TSX Capped REIT Total Return Index. Middlefield Real Estate Dividend ETF was formed on April 20, 2011 and is domiciled in Canada.

Grade (RS Rating)

Last Trade

$12.52

Average Daily Volume

7,833

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RIT

First Asset Canadian REIT ETF

RIT Description

First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based closed-end investment trust. The Fund's investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges. The investment portfolio provides diversification among various real estate holdings, including apartment buildings, shopping centers, office buildings and nursing/retirement homes, among others. The manager and investment advisor of the Fund is First Asset Investment Management Inc.

Grade (RS Rating)

Last Trade

$16.50

Average Daily Volume

11,286

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MREL	RIT
30 Days	-4.58%	-6.99%
60 Days	-1.88%	-3.24%
90 Days	2.46%	1.87%
12 Months	13.88%	15.96%

7 Overlapping Holdings

Symbol	Grade	Weight in MREL	Weight in RIT	Overlap
BEI.UN	F	5.85%	5.09%	5.09%
CAR.UN	F	7.25%	5.33%	5.33%
CHP.UN	D	3.68%	4.17%	3.68%
CSH.UN	B	5.05%	5.54%	5.05%
FCR.UN	D	3.42%	5.16%	3.42%
KMP.UN	D	3.62%	5.54%	3.62%
REI.UN	D	6.89%	5.12%	5.12%

MREL Overweight 0 Positions Relative to RIT

	Symbol	Grade	Weight

MREL Underweight 3 Positions Relative to RIT

Symbol	Grade	Weight
GRT.UN	D	-5.41%
DIR.UN	D	-5.16%
HR.UN	D	-4.25%

MREL: Top Represented Industries & Keywords

Industries: REIT - Retail REIT - Residential REIT - Healthcare Facilities Rental & Leasing Services