ETF Series

Ticker

 

LIFE

Nav

(as at Sep. 16, 2019)

$19.42

Nav Change

(as at Sep. 16, 2019)

-0.38%

Market Price

 

N/A

Style

 

Index-Based with active covered call strategy

Number Of Holdings

(as at Sep. 16, 2019)

20

AUM

(as at Sep. 16, 2019)

$4.448 M

Indicative Yield*

as at 30/08/2019

7.00%

Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

LIFE seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Global Healthcare 20 Index Canadian Dollar Hedged, while mitigating downside risk. LIFE invests primarily in the equity constituents of the Solactive Global Healthcare 20 Index Canadian Dollar Hedged, while writing covered call options on up to 33% of the portfolio securities, at the discretion of the Manager. The level of covered call option writing may vary based on market volatility and other factors.


Fund Details

CUSIP

30051T101

TICKER

LIFE

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

Asset Class

Global Healthcare

LISTING DATE

October 25, 2017

CURRENCY

CAD

STYLE

Index-Based with active covered call strategy

DISTRIBUTION FREQUENCY

Monthly

MANAGEMENT FEE

0.45% (plus applicable sales taxes)

REGISTERED ACCOUNT ELIGIBILITY

Yes

Index Provider

Solactive AG

INDEX TICKER

SOLHEALH (LIFE)

WEIGHTING

Equal Weighted

REBALANCING SCHEDULE

Quarterly

CUSIP

30051T200

TICKER

LIFE.B

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

Asset Class

Global Healthcare

LISTING DATE

October 25, 2017

CURRENCY

CAD

STYLE

Index-Based with active covered call strategy

MANAGEMENT FEE

0.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

REGISTERED ACCOUNT ELIGIBILITY

Yes

Index Provider

Solactive AG

INDEX TICKER

SOLHEALH (LIFE.B)

WEIGHTING

Equal Weighted

REBALANCING SCHEDULE

Quarterly

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Who Should Consider
This Fund?

Investors who are:

  • Seeking capital appreciation through having exposure to global healthcare
  • Willing to take the risk associated with equity investments
  • Seeking increased yield from covered call strategy

* Indicative yield is gross of MER.

Commissions, management fees and expenses all may be associated with exchange traded mutual funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Investors may incur customary brokerage commissions in buying or selling ETF units.

Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

Portfolio

Geographic Allocation

As at Sep 16, 2019

Name

Weight

Sector Allocation

As at Sep 16, 2019

Name

Weight


Holdings

As at Sep 16, 2019

Download XLS

Performance

As at Sep. 16, 2019

Ticker

1D

1M

3M

6M

1Y

YTD

SI**

Inception Date

LIFE
-0.39%
0.86%
1.52%
1.34%
5.46%
8.14%
8.65%
2017-10-25
LIFE.B
-0.82%
0.71%
-0.11%
-0.74%
5.34%
3.70%
16.27%
2017-10-25

** Performance since inception on October 25, 2017

The indicated rates of return are the historical annual compounded total returns including changes in per unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The rates of return shown in the table are not intended to reflect future values of the ETF or returns on investment in the ETF. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

* Indicative yield is gross of MER.

Commissions, management fees and expenses all may be associated with exchange traded mutual funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Investors may incur customary brokerage commissions in buying or selling ETF units.

Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

Distributions

Distributions

LAST DISTRIBUTION PER UNIT:

$0.1150

DISTRIBUTION YIELD*:

7.00%

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

August 29, 2019

RECORD DATE:

August 30, 2019

PAYMENT DATE:

September 9, 2019

Ex-dividend Date: Record Date: Payment Date: Payment Amount: Distribution Frequency:
July 30, 2019 July 31, 2019 August 7, 2019 $0.1150 Monthly
June 27, 2019 June 28, 2019 July 8, 2019 $0.1150 Monthly
May 30, 2019 May 31, 2019 June 7, 2019 $0.1150 Monthly
January 30, 2019 January 31, 2019 February 7, 2019 $0.0725 Monthly
February 27, 2019 February 28, 2019 March 7, 2019 $0.1150 Monthly
March 28, 2019 March 29, 2019 April 5, 2019 $0.1150 Monthly
April 29, 2019 April 30, 2019 May 7, 2019 $0.1150 Monthly

Ex-dividend Date: Record Date: Payment Date: Payment Amount: Distribution Frequency:
December 28, 2018 December 31, 2018 January 8, 2019 $0.0725 Monthly
November 22, 2018 November 23, 2018 November 30, 2018 $0.0725 Monthly
October 23, 2018 October 24, 2018 October 31, 2018 $0.0725 Monthly
September 20, 2018 September 21, 2018 September 30, 2018 $0.0725 Monthly
August 23, 2018 August 24, 2018 August 31, 2018 $0.0725 Monthly
July 23, 2018 July 24, 2018 July 31, 2018 $0.0725 Monthly
June 21, 2018 June 22, 2018 June 29, 2018 $0.0725 Monthly
May 23, 2018 May 24, 2018 May 31, 2018 $0.0725 Monthly
April 20, 2018 April 23, 2018 April 30, 2018 $0.0725 Monthly
March 21, 2018 March 22, 2018 March 29, 2018 $0.0725 Monthly
February 20, 2018 February 21, 2018 February 28, 2018 $0.0725 Monthly
January 23, 2018 January 24, 2018 January 31, 2018 $0.0725 Monthly

Ex-dividend Date: Record Date: Payment Date: Payment Amount: Distribution Frequency:
November 23, 2017 November 24, 2017 November 30, 2017 $0.0725 Monthly
December 21, 2017 December 22, 2017 December 29, 2017 $0.0725 Monthly

*Estimate only as at July 31, 2019

Documents