ZFC vs. WXM ETF Comparison

Comparison of BMO SIA Focused Canadian Equity Fund (ZFC) to First Asset Morningstar Canada Momentum Index ETF (WXM)

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

WXM

First Asset Morningstar Canada Momentum Index ETF

WXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Momentum Index™ (the “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 have demonstrated, among other things, positive momentum in earnings and price.

Grade (RS Rating)

Last Trade

$31.00

Average Daily Volume

1,586

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	ZFC	WXM
30 Days	5.66%	4.24%
60 Days	7.41%	6.60%
90 Days	6.88%	12.93%
12 Months	19.01%	32.28%

3 Overlapping Holdings

	Symbol	Grade	Weight in ZFC	Weight in WXM	Overlap
	ATZ	D	7.03%	3.48%	3.48%
	CIGI	A	6.77%	3.38%	3.38%
	MFC	B	6.56%	3.39%	3.39%

ZFC Overweight 7 Positions Relative to WXM

	Symbol	Grade	Weight
	FFH	A	6.84%
	GIL	A	6.71%
	K	B	6.62%
	WPM	B	6.61%
	CSU	D	6.6%
	DOL	A	6.59%
	CM	A	6.53%

ZFC Underweight 7 Positions Relative to WXM

	Symbol	Grade	Weight
	GLXY	B	-3.89%
	TA	A	-3.65%
	CLS	A	-3.58%
	BIPC	B	-3.41%
	IMO	C	-3.4%
	IMG	B	-3.36%
	AGI	B	-3.34%

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

WXM: Top Represented Industries & Keywords

Industries: Gold Apparel Stores Asset Management Capital Markets Contract Manufacturers Insurance - Life Oil & Gas Integrated Real Estate Services Utilities - Independent Power Producers

Keywords: Asset Management Mining Capital Market Capital Markets Energy Financial Gold Health Manufacturing Marketing Mineral Mines Solar Acquisitions Advisory Services Aerospace Alberta Electricity Policy Alternative Currencies Alternative Energy Arbitrage