Stock price when the opinion was issued
He is a huge proponent of factor investing. It is a really good way of getting exposure to a broad market. You tilt towards those factors that historically have gotten better risk adjusted returns. Small companies outperform large ones, value companies outperform growth companies. When you tilt towards those things, you tend to get a return that is slightly more variable than the market, but a return that is moderately higher than the market.
New product.(See remarks under XFA-T.) The same as XFA-T, but it is for EAFE, developed stocks outside of North America and it is unhedged.