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 $25.65 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: +10.04%, 1-year: +34.99%, 3-year annualised: +24.77%, 5-year annualised: +14.72%, 10-year annualised: +17.93%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.20, 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 8.76%, 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 Palo Alto Networks Inc (PANW, 4.9%), Applied Materials Inc (AMAT, 4.9%), KLA Corporation (KLAC, 4.8%), International Business Machines (IBM, 4.6%), Lam Research Corp (LRCX, 4.6%) — 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 (92.1%), Communication Services (7.9%), 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 $785M 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 27.10% and a beta of 1.66 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.20 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
2026-07-20	$25.86	$26.03	$25.63	$25.65	$25.65	26,642
2026-07-17	$25.21	$25.93	$24.80	$25.57	$25.57	58,646
2026-07-16	$26.13	$26.25	$25.70	$25.83	$25.83	46,792
2026-07-15	$27.22	$27.22	$26.18	$26.70	$26.70	69,165
2026-07-14	$27.31	$27.39	$27.02	$27.24	$27.24	38,139
2026-07-13	$27.38	$27.38	$26.87	$26.99	$26.99	38,925
2026-07-10	$27.50	$27.83	$27.48	$27.80	$27.80	14,192
2026-07-09	$27.56	$27.88	$27.52	$27.73	$27.73	25,995
2026-07-08	$26.54	$27.09	$26.43	$27.09	$27.09	33,952
2026-07-07	$26.84	$26.91	$26.20	$26.71	$26.71	71,052

#	Ticker	Name	Weight
1	PANW	Palo Alto Networks Inc	4.92%
2	AMAT	Applied Materials Inc	4.86%
3	KLAC	KLA Corporation	4.83%
4	IBM	International Business Machines	4.61%
5	LRCX	Lam Research Corp	4.56%
6	AMD	Advanced Micro Devices Inc	4.50%
7	SNDK	Sandisk Corp	4.29%
8	INTC	Intel Corporation	4.27%
9	DELL	Dell Technologies Inc	4.18%
10	MU	Micron Technology Inc	4.17%

Sector	Weight
Technology	92.14%
Communication Services	7.86%
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)

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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