Investor suitability

For those who:

• want exposure to North American equities in the utilities sector on a currency unhedged basis
• want the potential for high income generation
• want to receive regular cash flows (if any)
• can tolerate medium risk

Fund overview

The ETF's investment objective is to provide Unitholders, through an actively managed portfolio with (i) regular cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of equity securities of at least the 20 largest utility 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. The issuers included in the portfolio, which are based on their market capitalization, may be adjusted based on the Portfolio Manager’s view on the liquidity of the issuers’ equity securities and their related call options.

Fund/ETF Facts