XTF Capital Corp.

XTF Capital Corp.
First Asset

First Asset

January 31, 2012 09:15 ET

XTF Capital Corp. to Launch Seven New ETFs That Track Morningstar Indexes

Canada Dividend Target 30 Index ETF, National Bank Quebec Index ETF and US Dividend Target 50 Index ETF to Start Trading February 6, 2012

TORONTO, ONTARIO--(Marketwire - Jan. 31, 2012) - XTF Capital Corp., a First Asset company, today announced its plans to launch seven new exchange traded funds under the "XTF Morningstar ETFs" banner.

The XTF Morningstar ETFs offer exposure beyond basic market beta, leveraging Morningstar investment research in a transparent, low-cost and liquid vehicle. XTF and its parent company First Asset have licensed seven Morningstar Indexes for use as tracking indexes for certain of its ETFs.

"Morningstar is world renowned for the integrity of its research," said Barry Gordon, President and CEO of First Asset. "XTF Capital is now offering ETFs to Canadian investors based on Morningstar's proprietary indexes, including those derived from the highly regarded research created by Morningstar's CPMS business."

Three of the ETFs - XTF Morningstar Canada Dividend Target 30 Index ETF, XTF Morningstar US Dividend Target 50 Index ETF and XTF Morningstar National Bank Québec Index ETF - will begin trading on the Toronto Stock Exchange on Monday, February 6, under the following ticker symbols:

Fund Common
Units
Advisor
Units
XTF Morningstar Canada Dividend Target 30 Index ETF DXM DXM.A
XTF Morningstar National Bank Québec Index ETF QXM QXM.A
XTF Morningstar US Dividend Target 50 Index ETF UXM UXM.A

Two more ETFs - XTF Morningstar Canada Value Index ETF and XTF Morningstar Canada Momentum Index ETF - are anticipated to commence trading on February 15, 2012, while XTF Morningstar Canada Liquid Bond Index ETF and XTF Morningstar Emerging Markets Composite Bond Index ETF are expected to launch this spring, under the following symbols:

Fund Common
Units
Advisor
Units
XTF Morningstar Canada Value Index ETF FXM FXM.A
XTF Morningstar Canada Momentum Index ETF WXM WXM.A
XTF Morningstar Canada Liquid Bond Index ETF LXM LXM.A
XTF Morningstar Emerging Markets Composite Bond Index ETF EXM EXM.A

Each XTF Morningstar ETF has been designed to replicate or provide investors with exposure to, to the extent possible, the performance of a particular Morningstar index as described below.

XTF Morningstar Canada Dividend Target 30 Index ETF

The XTF Morningstar Canada Dividend Target 30 Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Dividend Target 30 Index(SM), net of expenses. This index reflects the performance of 30 dividend-paying, Canada-based equities, screened for, among other things, above-average returns on equity and high cash flows relative to debt.

XTF Morningstar National Bank Québec Index ETF

The XTF Morningstar National Bank Québec Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® National Bank Québec Index(SM), net of expenses. This index, developed in association with National Bank of Canada, reflects the performance of equities with issuers headquartered in the province of Québec, Canada and is weighted according to the float capitalization of the constituent securities.

XTF Morningstar US Dividend Target 50 Index ETF

The XTF Morningstar US Dividend Target 50 Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® U.S. Dividend Target 50 Index(SM), net of expenses. This index reflects the performance of 50 dividend-paying, U.S.-based equities screened for, among other things, above-average returns on equity and high cash flows relative to debt.

XTF Morningstar Canada Value Index ETF

The XTF Morningstar Canada Value Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Value Index(SM), net of expenses. This index is comprised of liquid equity securities of Canadian companies screened for low price-to-earnings ratios, low price-to-cash flow ratios, low price-to-book value and sales, and upward earnings estimate revisions.

XTF Morningstar Canada Momentum Index ETF

The XTF Morningstar Canada Momentum Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Momentum Index(SM), net of expenses. This index is comprised of liquid equity securities of Canadian companies screened for above-average returns on assets and equity, with an emphasis on upward earnings estimate revisions and technical price-momentum indicators.

XTF Morningstar Canada Liquid Bond Index ETF

The XTF Morningstar Canada Liquid Bond Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Liquid Bond Index(SM), net of expenses. This index includes the most liquid Canadian dollar-denominated federal government, provincial government and investment-grade corporate bonds.

XTF Morningstar Emerging Markets Composite Bond Index ETF

The XTF Morningstar Emerging Markets Composite Bond Index ETF has been designed to provide investors with economic exposure (by virtue of a forward agreement) to, to the extent possible, the performance of the Morningstar® Emerging Markets Composite Bond Index(SM), net of expenses. This index includes the most liquid sovereign and corporate bonds issued in U.S. dollars by the governments and corporations in Latin America, emerging Europe, Africa, Middle-East and Asia.

About Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions. Morningstar provides data on approximately 330,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 5 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has more than $167 billion in assets under advisement and management as of Sept. 30, 2011. The company has operations in 26 countries.

About First Asset and XTF Capital

Founded in 1996, First Asset is a Canadian, independent investment management company that manages and administers approximately $2.5 billion in assets. First Asset offers a diverse range of investment products including exchange listed investment funds, mutual funds and ETFs covering a variety of domestic and global mandates.

XTF Capital is a First Asset company. XTF Capital's ETFs offer investment strategies that strive for superior risk-adjusted returns on a low-cost basis.

Morningstar and the Morningstar logo are registered trademarks of Morningstar, Inc. and have been licensed for use for certain purposes by First Asset Investment Management Inc. These funds are not sponsored, endorsed, sold or promoted by Morningstar or any of its affiliates (collectively, "Morningstar"), and Morningstar makes no representation regarding the advisability of investing in the funds.

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

  • For more information or to arrange an interview: Xposure PR
    Terance Brouse
    Senior Consultant
    (647) 274-5249
    terance@xposurepr.com

    XTF Capital Corp.
    Rob MacNiven
    Investor Relations
    1-855-983-3837
    www.xtf.ca