(As of 9/30/2018)

First Asset Active Credit ETF (FAO)

(High Yield Fixed Income)






FundGrade A+® Rating recipient
For more information about
FundGrade click here
Inception Return
(1/20/2015)
4.19 %
YTD Return 1.95 %
NAVPS
(10/22/2018)
$9.59
Change $0.00 / 0.05 %
Growth of $10,000 (As of September 30, 2018)
MER 1.18 %
Assets ($mil) $23.45
Rank (1Yr) -
Std Dev (3Yr) 4.24 %
Volatility Ranking (3Yr) 3/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The First Asset ETF's investment objective is to maximize long term risk adjusted total returns, delivered through cash distributions and long term capital appreciation, in a manner consistent with preservation of capital and prudent risk management by actively investing primarily in Credit Securities of North American issuers.
Management Co.
First Asset Investment Management Inc
Managers
Onex Credit Partners, LLC - Management Team
 
Asset Allocation
(As of August 31, 2018)
Sector Allocation
(As of August 31, 2018)
Geographic Allocation
(As of August 31, 2018)
Top 10 Holdings
NameAssetSectorGeographicPercent
US DOLLARCash and EquivalentsCash and Cash EquivalentUnited States10.21%
iShares iBoxx $ High Yield Corp Bond ETF (HYG)Foreign BondsExchange Traded FundUnited States3.86%
SPDR Barclays Capital High Yield Bond ETF Foreign BondsExchange Traded FundUnited States2.81%
CITGO Holding Inc 10.75% 15-Feb-2020Foreign BondsFixed IncomeUnited States2.30%
OCI NV REGS 6.63% 15-Apr-2023Foreign BondsFixed IncomeEuropean Union2.19%
PBF Logistics LP 6.88% 27-Oct-2018Cash and EquivalentsCash and Cash EquivalentUnited States2.16%
INFOR US INC 6.50% 15-May-2022Foreign BondsFixed IncomeUnited States2.14%
Select Medical Corp 6.38% 27-Oct-2018Cash and EquivalentsCash and Cash EquivalentUnited States2.12%
Endo DAC 5.88% 15-Apr-2020Foreign BondsFixed IncomeUnited States2.12%
AMERICAN AXLE & MANUFACTURING 6.25% 01-Apr-2025Foreign BondsFixed IncomeUnited States2.11%

Performance Data (As of September 30, 2018)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.45 1.85 2.06 1.95 1.98 6.07 -    -   
Benchmark -0.06 0.26 0.98 3.67 4.66 6.56 9.70 11.40
Quartile Ranking - - - - - - - -

Calendar Return (%) 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Fund 5.44 13.86 -      -      -      -      -      -      -      -     
Benchmark 2.96 10.80 14.93 8.91 15.20 16.66 5.18 7.95 37.56 -9.77
Quartile Ranking - - - - - - - - - -

Website powered by © Fundata Canada Inc.
Mutual Fund Data provided by Fundata. | View Terms and Conditions of Use .
BofA Merill Lynch Indices used with permission.
© 2014 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us .