ZFC vs. QXM ETF Comparison

Comparison of BMO SIA Focused Canadian Equity Fund (ZFC) to First Asset Morningstar National Bank Quebec Index ETF (QXM)

ZFC

BMO SIA Focused Canadian Equity Fund

ZFC Description

This fund’s objective is to provide long-term capital growth by investing primarily in a portfolio of Canadian equities.

Grade (RS Rating)

Last Trade

$45.10

Average Daily Volume

1,000

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

QXM

First Asset Morningstar National Bank Quebec Index ETF

QXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® National Bank Québec Index™, net of expenses. The ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Québec.

Grade (RS Rating)

Last Trade

$31.27

Average Daily Volume

921

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	ZFC	QXM
30 Days	5.66%	2.46%
60 Days	7.41%	6.32%
90 Days	6.88%	8.65%
12 Months	19.01%	25.12%

2 Overlapping Holdings

	Symbol	Grade	Weight in ZFC	Weight in QXM	Overlap
	DOL	A	6.59%	6.25%	6.25%
	GIL	A	6.71%	4.74%	4.74%

ZFC Overweight 8 Positions Relative to QXM

	Symbol	Grade	Weight
	ATZ	D	7.03%
	FFH	A	6.84%
	CIGI	A	6.77%
	K	B	6.62%
	WPM	B	6.61%
	CSU	D	6.6%
	MFC	B	6.56%
	CM	A	6.53%

ZFC Underweight 8 Positions Relative to QXM

	Symbol	Grade	Weight
	MRU	D	-5.44%
	WSP	A	-5.22%
	POW	A	-5.14%
	NA	A	-5.12%
	IAG	B	-5.02%
	GIB.A	B	-4.81%
	BCE	D	-4.77%
	ATD	F	-4.54%

ZFC: Top Represented Industries & Keywords

Industries: Apparel Manufacturing Apparel Stores Banks - Global Discount Stores Gold Insurance - Life Insurance - Property & Casualty Real Estate Services Silver Software - Application

Keywords: S&P/Tsx 60 Index Financial Gold Government Health Retail Advisory Services Asset Management Bank Capital Market Capital Markets Clothing Credit Drink Financial Services Glass Insurance Insurance Operations Lifestyle Mines

QXM: Top Represented Industries & Keywords

Industries: Apparel Manufacturing Banks - Global Discount Stores Engineering & Construction Grocery Stores Information Technology Services Insurance - Diversified Insurance - Life Specialty Retail Telecom Services

Keywords: Health Retailers Energy Financial Financial Services Insurance Retailing S&P/Tsx 60 Index Service Companies Asset Management Cement Communications Consulting Credit Environmental Food Health Insurance Infrastructure Internet Protocol Oil