Fund Overview

  • Ticker:
  • Fund Category:
    U.S. Equity
  • Portfolio Advisor:
    First Trust Advisors L.P.
  • Fund Manager:
    FT Portfolios Canada Co.
  • CUSIP:
  • ISIN:
  • SEDOL:
  • Currency:
  • Fiscal Year-End:
  • Exchange:
    Toronto Stock Exchange
  • Inception:
  • Inception Price:
  • Inception NAV:
  • Eligibility:

Fees and Expenses

  • Management Fee: 0.70%
  • MER: 0.67% as at 2017-12-31
Please refer to the prospectus for detailed explanation of the funds fees and expense.

Distribution Information (as at 2019-03-19)

  • Dividend Frequency:
  • Dividend Per Share Amount:2
  • Distribution Rate:3

Fund Characteristics (as at 2019-02-28)4

  • Maximum Market Cap.:
  • Median Market Cap.:
  • Minimum Market Cap.:
  • Price/Earnings:
  • Price/Book:
  • Price/Cash Flow:
  • Price/Sales:
On October 25, 2017, unitholders of the ETF approved a proposal to (a) change the investment objective of the ETF to an investment objective that seeks to replicate, to the extent possible, the performance of the Value Line® Dividend Index on a currency hedged basis, net of expenses (the "Proposal"), (b) change the management fee in respect of the common units of the ETF to 0.70% per annum of net asset value and (c) change the name of the ETF to "First Trust Value Line® Dividend Index ETF (CAD-Hedged)". The Proposal was implemented as of November 22nd, 2017.

Investment Objective

First Trust Value Line® Dividend Index ETF (CAD-Hedged) (the "First Trust ETF") seeks to replicate, to the extent possible, the performance of the Value Line Dividend Index on a currency hedged basis (the "Index"), net of expenses. The investment strategy of the First Trust ETF is to invest in and hold the Constituent Securities (as defined in the Prospectus) of the Index in the same proportion as they are reflected in the Index or securities intended to replicate the performance of the Index.

Current Data (as at 2019-03-19) Currency: CAD

NAV1% Change$ Change
Daily Volume52-Week High/LowAVG 30-Day Volume
2,157$28.17 / $24.311,626
Total Net AssetsOutstanding UnitsNumber of Holdings

Top 10 Holdings (as at 2019-03-19)5

Holding % of Net Assets
Altria Group, Inc. 0.62%
British American Tobacco Plc (ADR) 0.61%
Anheuser-Busch InBev S.A./N.V. (ADR) 0.59%
Philip Morris International Inc. 0.59%
Cisco Systems, Inc. 0.58%
Consolidated Edison, Inc. 0.58%
El Paso Electric Company 0.58%
Hawaiian Electric Industries, Inc. 0.58%
Sanofi (ADR) 0.58%
Sempra Energy 0.58%

The top 10 investments make up 5.86% of the fund.

Portfolio Composition (as at 2019-03-19)5

Sector % of Net Assets
Utilities 22.20%
Financials 20.04%
Consumer Staples 13.04%
Industrials 11.92%
Health Care 6.49%
Information Technology 6.13%
Consumer Discretionary 5.88%
Real Estate 4.89%
Communication Services 3.89%
Materials 3.28%
Energy 2.78%
Cash & Equivalents 0.22%

Country Breakdown (as at 2019-03-19)5

Country % of Net Assets
United States 83.36%
Canada 4.98%
United Kingdom 2.83%
Switzerland 2.19%
France 1.13%
Ireland 1.11%
Bermuda 1.08%
Japan 1.07%
Belgium 0.59%
India 0.56%
Taiwan 0.56%
The Netherlands 0.55%
Guernsey 0.53%

Risk Rating

This rating is based on how much the ETF’s returns have changed from year to year. It doesn’t tell you how volatile the ETF will be in the future. The rating can change over time. An ETF with a low risk rating can still lose money.

For more information about the risk rating and specific risks that can affect the ETF’s returns, see the Risk section of the ETF’s prospectus.


1 The NAV represents the fund's net assets (assets less liabilities) divided by the fund's outstanding shares .
2 Most recent distribution paid or declared to today's date. Subject to change in the future. There is no guarantee that the fund will declare dividends.
3 Distribution rate is calculated by dividing the most recent annualized distribution paid or declared by the Net Asset Value. Distribution rates may vary. The distributed amount may include return of capital (ROC) from time to time.
4 All market capitalization numbers are in CAD$ Millions.
5 Percentage of net assets may not equal 100%

Commissions, trailing commissions, management fees and expenses all may be associated with Exchange-Traded Fund investments. Please carefully read the prospectus of the fund before investing. Exchange-Traded funds are not guaranteed, their values change frequently and past performance may not be repeated.