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 $26.01 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: +11.56%, 1-year: +40.92%, 3-year annualised: +26.91%, 5-year annualised: +14.46%, 10-year annualised: +17.80%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.98, 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 13.20%, 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 $828M 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 31.44% and a beta of 1.74 (more volatile than the broad market). Its 3-year Sharpe ratio of 0.98 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
2026-09-10	$25.99	$26.24	$25.99	$26.00	$26.00	38,437
2026-09-09	$26.49	$26.57	$26.44	$26.48	$26.48	13,763
2026-09-08	$26.31	$26.51	$26.25	$26.35	$26.35	28,748
2026-09-04	$26.03	$26.19	$26.00	$26.08	$26.08	22,500
2026-09-03	$25.42	$25.79	$25.20	$25.73	$25.73	17,964
2026-09-02	$25.31	$25.42	$25.19	$25.40	$25.40	45,679
2026-09-01	$25.54	$25.57	$25.25	$25.33	$25.33	49,347
2026-08-31	$25.79	$25.90	$25.76	$25.88	$25.88	22,263
2026-08-28	$26.15	$26.15	$25.77	$25.77	$25.77	37,000
2026-08-27	$26.00	$26.20	$26.00	$26.20	$26.20	13,424

#	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
OILU		$65.56	+11.27%
HOU	BetaPro Crude Oil Daily Bull ETF	$29.03	+11.14%
SLVD	BetaPro Silver -2x Daily Bear ETF	$31.94	+10.98%
CGMD		$5.11	+10.61%
SOXD		$15.41	+7.69%
AAPU		$43.36	+7.33%
MSTZ		$3.24	+7.28%
GASD		$5.46	+6.64%

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

7 stocks to buy and hold forever

Compare TXF

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Compare TXF vs Similar ETFs

Frequently Asked Questions — TXF

What is TXF?

What is the TXF ETF price today?

What is the TXF MER (management expense ratio)?

What are TXF annualised returns?

Does TXF pay dividends or distributions?

What does TXF invest in?

What sectors does TXF invest in?

How large is TXF? (Assets under management)

When was TXF launched?

How do I buy TXF in Canada?

How risky is TXF?

Recent ETF movers

TXF.TO news timeline

First Asset Tech Giants Covered Call Common (TXF.TO) raised its dividend to CA$0.4751

July 2026

July 2024

Period	Return
YTD	+11.56%
1 Year	+40.92%
3 Year (Ann.)	+26.91%
5 Year (Ann.)	+14.46%
10 Year (Ann.)	+17.80%
1Y Volatility	31.44%
Sharpe Ratio (3Y)	0.98