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 $27.17 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: +16.56%, 1-year: +42.94%, 3-year annualised: +29.57%, 5-year annualised: +15.45%, 10-year annualised: +18.17%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.88, 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 11.85%, 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 Microsoft Corporation (MSFT, 5.7%), Palo Alto Networks Inc (PANW, 5.4%), Arista Networks (ANET, 5.0%), Apple Inc. (AAPL, 4.9%), Meta Platforms Inc. (META, 4.5%) — 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 (91.0%), Communication Services (9.0%), 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 $855M 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 31.32% and a beta of 1.74 (more volatile than the broad market). Its 3-year Sharpe ratio of 0.88 indicates moderate risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-08-13	$26.99	$27.33	$26.99	$27.17	$27.17	16,880
2026-08-12	$26.92	$27.00	$26.80	$26.88	$26.88	16,511
2026-08-11	$26.70	$26.70	$26.41	$26.47	$26.47	5,779
2026-08-10	$26.64	$26.79	$26.50	$26.50	$26.50	15,138
2026-08-07	$26.44	$26.56	$26.25	$26.54	$26.54	4,755
2026-08-06	$26.02	$26.38	$25.75	$26.23	$26.23	15,533
2026-08-05	$26.89	$26.91	$26.41	$26.41	$26.41	41,873
2026-08-04	$25.78	$26.77	$25.78	$26.69	$26.69	105,285
2026-07-31	$25.13	$25.40	$24.55	$24.83	$24.83	29,600
2026-07-30	$24.10	$24.73	$24.09	$24.68	$24.68	59,100

#	Ticker	Name	Weight
1	MSFT	Microsoft Corporation	5.75%
2	PANW	Palo Alto Networks Inc	5.43%
3	ANET	Arista Networks	5.00%
4	AAPL	Apple Inc.	4.86%
5	META	Meta Platforms Inc.	4.54%
6	GOOGL	Alphabet Inc Class A	4.53%
7	CSCO	Cisco Systems Inc	4.53%
8	PLTR	Palantir Technologies Inc.	4.50%
9	NVDA	NVIDIA Corporation	4.48%
10	AVGO	Broadcom Inc	4.47%

Sector	Weight
Technology	91.03%
Communication Services	8.97%
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%

Ticker	Name	Price	1D
SHPU		$12.57	+10.75%
PLTU		$32.91	+10.21%
CGMD		$6.91	+8.82%
RBNU		$30.93	+8.76%
MUU		$14.96	+8.41%
TSLU		$13.29	+7.52%
COIU		$3.91	+6.83%
HODY	Harvest Robinhood Enhanced High Income Shares ETF	$6.50	+5.26%

CIBC Investor's Edge

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

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — TXF