FINC
Forstrong Global Income ETF
FINC aims to generate modest capital appreciation with an emphasis on receiving income, by primarily investing, directly or indirectly, in a diversified mix of Canadian and global securities.
Reasons to Consider FINC
Higher Income
Access higher growth opportunities around the world
Diversification
Focus on diversified income generation
International Expertise
Specialized international expertise with a focus on downside protection
FINC Overview - ETF Series
| Key Information | As of 10/15/2024 |
|---|---|
| Fund Inception Date: | 07/20/2023 |
| MER: | 2.00% |
| Total Net Assets (All series): | $5,964,131 |
| Previous Close: | $21.58 |
| NAV: | $21.67 |
| Risk Rating: | Low to Medium |
| Management Fees: | 0.50% |
| Trading Details | As of 10/15/2024 |
|---|---|
| Ticker: | FINC |
| CUSIP: | 34660L103 |
| ISIN: | CA34660L1031 |
| Listing Exchange: | TMX |
| Shares outstanding: | 275,000.00 |
| Number of holdings: | 16 |
Investment Objectives:
FINC aims to generate modest capital appreciation with an emphasis on receiving income, by primarily investing, directly or indirectly, in a diversified mix of Canadian and global securities.
Distribution History - ETF Series
Distribution Frequency: Quarterly
| Type | Ex-Dividend Date | Record Date | Payment Date | Cash Distribution per Unit | Reinvested Distribution Per Unit | Total Distribution Per Unit |
|---|---|---|---|---|---|---|
| Income | 27 Sep 2023 | 28 Sep 2023 | 5 Oct 2023 | $0.0042 | $0.0000 | $0.0042 |
| Income | 28 Dec 2023 | 29 Dec 2023 | 8 Jan 2024 | $0.2357 | $0.0000 | $0.2357 |
| Income | 25 Mar 2024 | 26 Mar 2024 | N/A | $0.0000 | $0.0000 | $0.0000 |
| Income | 28 Jun 2024 | 28 Jun 2024 | N/A | $0.0000 | $0.0000 | $0.0000 |
| Income | 27 Sep 2024 | 27 Sep 2024 | N/A | $0.0000 | $0.0000 | $0.0000 |
Investment Results - ETF Series
| As of 09/30/2024 | YTD | 1 Month | 1 Year | 3 Years | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| Total Return (%)* | 6.59 | 1.5 | 12.15 | N/A | N/A | 8.13 |
*Total return represents changes to the NAV and accounts for distributions from the fund. Past performance does not guarantee future results.
Overview - Series O
| Key Information | As of 10/15/2024 |
|---|---|
| Fund Inception Date: | 09/29/2023 |
| MER: | 1.81% |
| Total Net Assets (All series): | $5,964,131 |
| NAV: | $22.47 |
| Risk Rating: | Low to Medium |
| Management Fees: | Negotiable |
| Fund Code: | FGA111 |
Distribution History - Series O
Distribution Frequency: Quarterly
| Type | Record Date | Payment Date | Distribution Per Unit | Total Distribution Per Unit |
|---|---|---|---|---|
| Income | 28 Dec 2023 | 29 Dec 2023 | $0.1415 | $0.1415 |
| No Distribution Year To Date 2024 |
Investment Results - Series O
| As of 09/30/2024 | YTD | 1 Month | 1 Year | 3 Years | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| Total Return (%)* | 6.74 | 1.50 | 12.31 | N/A | N/A | 12.31 |
*Total return represents changes to the NAV and accounts for distributions from the fund. Past performance does not guarantee future results.
Top Portfolio Holdings
| As of 09/30/2024 | Ticker | Net Assets (%) |
|---|---|---|
| SPDR Barclays Emerging Markets Local Bond ETF | EBND | 15.96% |
| Vanguard US Aggregate Bond Index ETF Cad Hedged | VBU | 14.23% |
| iShares 1-5 Year Investment Grade Corporate Bond ETF | IGSB | 12.89% |
| SPDR Bloomberg Short Term International Treasury Bond ETF | BWZ | 8.06% |
| Vanguard Global ex-U.S. Aggregate Bond Index ETF | VBG | 7.90% |
| Vanguard High Dividend Yield ETF | VYM | 6.61% |
| VanEck Emerging Markets High Yield Bond ETF | HYEM | 5.00% |
| iShares Mortgage Real Estate ETF | REM | 4.44% |
| Vanguard FTSE Developed Markets ETF | VEA | 3.83% |
| BMO Equal Weight US Banks Index ETF | ZBK | 3.50% |
Documents
*In compliance with the International Ethics Standards Board for Accountants’ (“IESBA”) Code of Ethics for Professional Accountants, the auditor is required to publicly disclose the audit and non-audit fees charged to public interest entities, including Forstrong ETFs, on an annual basis.
In connection with the audits of the financial statements of public interest entities managed by Forstrong for the year ended December 31, 2023, the following fees (excluding applicable taxes) were paid or payable to KPMG LLP: fees for audits of financial statements were $148,000 and fees for other services were $ 11,933.
