XTF Capital Corp.

XTF Capital Corp.
First Asset

First Asset

October 26, 2011 08:00 ET

XTF Capital Corp. Launches Tech Giants Covered Call ETF and Announces Name Changes to Existing Family

TORONTO, ONTARIO--(Marketwire - Oct. 26, 2011) - XTF Capital Corp, a First Asset Company, is pleased to announce the launch of its sixth exchange traded fund this year - Tech Giants Covered Call ETF ("Tech Giants XTF"). Tech Giants XTF has closed the offering of its initial Common Units and Advisor Units and will commence trading on the Toronto Stock Exchange ("TSX") when the market opens this morning under the symbol TXF (for its Common Units) and TXF.A (for its Advisor Units).


The investment objective of Tech Giants XTF, as further described in the prospectus, is to provide holders, through an actively managed portfolio, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest technology companies measured by market capitalization listed on a North American stock exchange and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly. Tech Giants XTF's portfolio will initially be approximately equal weighted, and each month the Manager – First Asset Investment Management Inc. - will employ a covered call option writing program on approximately, and not more than, 25% of the securities of each portfolio issuer.


XTF Capital also announces that it has changed the name of 4 of its existing funds, as follows:

Old Name TSX Tickers New Name
Can-60 Income ETF LXF and LXF.A Can-60 Covered Call ETF
Can-Financials Income ETF FXF and FXF.A Can-Financials Covered Call ETF
Can-Energy Income ETF OXF and OXF.A Can-Energy Covered Call ETF
Can-Materials Income ETF MXF and MXF.A Can-Materials Covered Call ETF


XTF Capital's mission is to create the next dimension of exchange-traded funds, and deliver superior risk-adjusted solutions to Canadian investors. First Asset is a Canadian wealth management company that manages and administers approximately $2.4 billion in assets as of October 14, 2011. First Asset offers a diverse range of investment products including exchange-listed investment funds and mutual funds covering a variety of domestic and global mandates.

This communication is intended for informational purposes only. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds. Please read the prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contact Information

  • XTF Capital
    Rob MacNiven
    Investor Relations