First Asset Morningstar Canada Dividend Target 30 Index ETF - DXM

ETF Overview

The fund has been designed to replicate, to the extent possible, the performance of the Morningstar Canada Dividend Target 30 Index, net of expenses.

The investment strategy of the First Asset Morningstar Canada Dividend Target 30 Index ETF is to invest in and hold constituent securities of the Morningstar Canada Dividend Target 30 Index.

The First Asset Morningstar Canada Dividend Target 30 Index ETF invests in equity securities of the largest and most liquid Canadian public issuers based upon proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian dividend paying companies.

Additional Index Information

The Morningstar Canada Dividend Target 30 Index reflects the performance of 30 dividend paying Canada based equities.

The securities are selected from a universe comprised of securities trading on the TSX and are classified as Canadian securities by Morningstar.

It is a Fundamental Index, screening stocks using Fundamental factors including:

Expected Dividend Yield (33%): Expected Dividend Yield is a measure of the dividends that a company is expected to pay each year.
Cash Flow-to-Debt (20%): Cash Flow-to-Debt is a measure of a company's excess earnings available to debt holders.
5-Year Normal EPS Growth (13%): Earnings-Per-Share ("EPS") is a measure of a company's earnings spread over the shares of a company's outstanding equity. The 5-Year Normal EPS Growth is a historical metric that reflects the EPS growth over a five year period.
Return on Equity (20%): Return on Equity is a measure of the income generated by the equity contributed by shareholders.
EPS Estimate Revision (13%): 3-month EPS estimate revision measures the percentage change over the past 3 months in the median broker earnings estimate for a company's current fiscal year.

The Index is comprised of the top 30 issuers that meet the screening requirements, and are equally weighted and rebalanced quarterly.

Key ETF Data

Fundamentals
Category (main)	Canadian Equity Income - Fundamental
Category (other)	Fundamental
Underlying Index	Morningstar Canada Dividend Target 30 Index
ETF Structure	Passive type. Aims to track Fundamental index
Asset Class	Equity
Sub-Asset Class	Equity Income
Region	Canada
Issuer	First Asset
ETF Home Page	Available here

Fund Facts
Inception Date	Feb 6, 2012
Total Holdings	30
Distribution Frequency	Quarterly
Leverage	None
Significant Currency Exposure	No
Currency Hedging	Not applicable

Fees
Management Fee	0.60%
Management Expense Ratio (MER)	Unknown *

* Not available yet

Trading Information
Ticker	DXM
Exchange	TSX (Toronto Stock Exchange)
Currency	CAD

Eligibility
Eligibility *	RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available **	Unknown
PACC Plan available **	Unknown
SWP available **	Unknown

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: