Question 1

What is TXF?

Accepted Answer

TXF (First Asset Tech Giants Covered Call Common) is a Canadian-listed ETF trading on the TSX in the Sector Equity category. It tracks the Morningstar Global Markets GR CAD.

Question 2

What is the TXF ETF price today?

Accepted Answer

TXF last traded at $26.87 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the TXF MER (management expense ratio)?

Accepted Answer

TXF has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, TXF is considered a low-cost ETF.

Question 4

What are TXF annualised returns?

Accepted Answer

TXF historical returns: YTD: +15.27%, 1-year: +53.59%, 3-year annualised: +30.32%, 5-year annualised: +17.12%, 10-year annualised: +19.30%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.26, which measures risk-adjusted return.

Question 5

Does TXF pay dividends or distributions?

Accepted Answer

Yes, TXF distributes income to unitholders. The current distribution yield is approximately 9.30%, paid quarterly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does TXF invest in?

Accepted Answer

TXF's top holdings include Intel Corporation (INTC, 7.4%), Advanced Micro Devices Inc (AMD, 7.4%), Micron Technology Inc (MU, 6.6%), Qualcomm Incorporated (QCOM, 5.5%), Palo Alto Networks Inc (PANW, 4.9%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Global Markets GR CAD.

Question 7

What sectors does TXF invest in?

Accepted Answer

TXF's largest sector exposures are Technology (89.7%), Communication Services (10.3%), Basic Materials (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is TXF? (Assets under management)

Accepted Answer

TXF has approximately $840M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was TXF launched?

Accepted Answer

TXF was launched on October 24, 2011, giving it a 15-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy TXF in Canada?

Accepted Answer

TXF trades on the TSX under the ticker TXF. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is TXF?

Accepted Answer

TXF has a 1-year volatility of 27.18% and a beta of 1.67 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.26 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-02	$28.09	$28.09	$26.54	$26.87	$26.87	118,855
2026-06-30	$27.85	$28.72	$27.85	$28.72	$28.72	24,200
2026-06-29	$27.37	$27.94	$26.75	$27.84	$27.84	61,554
2026-06-26	$27.12	$27.43	$27.01	$27.03	$27.03	30,800
2026-06-25	$28.17	$28.27	$27.25	$27.82	$27.82	30,974
2026-06-24	$27.48	$27.60	$26.90	$27.31	$27.31	22,935
2026-06-23	$28.07	$28.30	$27.79	$27.99	$27.99	40,300
2026-06-22	$29.49	$29.56	$29.06	$29.23	$29.23	17,090
2026-06-19	$29.19	$29.34	$29.02	$29.33	$29.33	10,304
2026-06-18	$28.95	$29.33	$28.94	$29.24	$29.24	21,197

#	Ticker	Name	Weight
1	INTC	Intel Corporation	7.36%
2	AMD	Advanced Micro Devices Inc	7.36%
3	MU	Micron Technology Inc	6.60%
4	QCOM	Qualcomm Incorporated	5.49%
5	PANW	Palo Alto Networks Inc	4.92%
6	TXN	Texas Instruments Incorporated	4.45%
7	CSCO	Cisco Systems Inc	4.38%
8	ORCL	Oracle Corporation	4.27%
9	AVGO	Broadcom Inc	4.05%
10	LRCX	Lam Research Corp	4.00%

Sector	Weight
Technology	89.69%
Communication Services	10.31%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Energy	0.00%
Industrials	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

First Asset Tech Giants Covered Call Common (TXF : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

Compare TXF

Explore More

Compare TXF vs Similar ETFs

Frequently Asked Questions — TXF