First Asset U.S. and Canada Lifeco Income ETF Review (FLI) 2024
Last Updated: 3/7/2024
FLI trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The First Asset U.S. and Canada Lifeco Income (FLI) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
Wealth Awesome Rating: 50/100
This equity ETF has an MER of 1.14%. With higher than average fees, it’s a premium option. Managing 131 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
FLI trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The First Asset U.S. and Canada Lifeco Income (FLI) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the First Asset U.S. and Canada Lifeco Income ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 1.14%. This ETF trades on the TSX exchange.FLI stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $131MM
Expense Ratio: 1.14%
Price: $10.40 (Updated: 3/7/2024)
First Asset U.S. and Canada Lifeco Income (FLI) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Unum Group | UNM | 10.23798 |
| Manulife Financial Corp | MFC | 10.22247 |
| Great-West Lifeco Inc. | GWO | 10.20912 |
| Prudential Financial Inc | PRU | 10.00311 |
| Sun Life Financial Inc. | SLF | 9.99714 |
| Principal Financial Group Inc | PFG | 9.93096 |
| Lincoln National Corporation | LNC | 9.92489 |
| MetLife Inc | MET | 9.90565 |
| Globe Life Inc | GL | 9.9026 |
| Aflac Incorporated | AFL | 9.80469 |
First Asset U.S. and Canada Lifeco Income (FLI) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 0 |
| Big | 29.81636 |
| Medium | 49.52393 |
| Small | 20.18782 |
| Micro | 0 |
First Asset U.S. and Canada Lifeco Income (FLI) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 0 |
| Consumer Cyclicals | 0 | 0 |
| Financial Services | 100 | 99.72596 |
| Real Estate | 0 | 0.01597 |
| Communication Services | 0 | 0 |
| Energy | 0 | 0 |
| Industrials | 0 | 0.13865 |
| Technology | 0 | 0.11943 |
| Consumer Defensive | 0 | 0 |
| Healthcare | 0 | 0 |
| Utilities | 0 | 0 |
First Asset U.S. and Canada Lifeco Income (FLI) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 100 | 97.533 |
| United Kingdom | 0 | 0.38775 |
| Europe Developed | 0 | 0.941 |
| Europe Emerging | 0 | 0.001 |
| Africa/Middle East | 0 | 0.006 |
| Japan | 0 | 0.05 |
| Australasia | 0 | 0.896 |
| Asia Developed | 0 | 0.097 |
| Asia Emerging | 0 | 0.067 |
| Latin America | 0 | 0.016 |
FLI Management Expense Ratio
FLI has a management expense ratio of 1.14% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy First Asset U.S. and Canada Lifeco Income TSX ETF
You can buy FLI on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |