CIC:CA:TSX-First Asset CanBanc Income Class ETF (CAD)

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 10.46

Change

0.00 (0.00)%

Market Cap

CAD 0.15B

Volume

3.21K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Fund's investment objectives are to provide Shareholders with (i) quarterly distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would be experienced by owning a portfolio of common shares of the following banks directly: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank. As part of its investment strategy, each month, the Fund sells call options on approximately, and not more than, 25% of the common shares of each bank held in the portfolio.

Inception Date: 18/08/2010

Primary Benchmark: S&P/TSX Equal Weight Div Banks

Primary Index: MSCI World/Financials GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.84 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
STVN Stevanato Group SpA 17.41 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-07 )

Largest Industry Peers for Financial Services Equity

Symbol Name Mer Price(Change) Market Cap
ZEB:CA BMO S&P/TSX Equal Weight Banks 0.60 %

+0.24 (+0.60%)

CAD 3.27B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

+0.10 (+0.52%)

CAD 3.09B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

+0.47 (+0.83%)

CAD 1.55B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

+0.82 (+2.62%)

CAD 0.69B
FSF:CA CI Global Financial Sector ETF 1.11 %

+0.41 (+1.48%)

CAD 0.46B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

+0.49 (+2.25%)

CAD 0.35B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

+0.72 (+2.49%)

CAD 0.30B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

+0.15 (+0.56%)

CAD 0.26B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

+0.08 (+0.96%)

CAD 0.25B
CEW:CA iShares Equal Weight Banc & Li.. 0.60 %

+0.18 (+0.92%)

CAD 0.22B

ETFs Containing CIC:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Financial Services Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.52% 18% F 19% F
Dividend Return 3.81% 81% B- 92% A
Total Return 1.29% 17% F 28% F
Trailing 12 Months  
Capital Gain -0.57% 24% F 24% F
Dividend Return 7.34% 75% C 94% A
Total Return 6.77% 22% F 40% F
Trailing 5 Years  
Capital Gain -8.33% 32% F 32% F
Dividend Return 29.86% 100% F 94% A
Total Return 21.53% 63% D 49% F
Average Annual (5 Year Horizon)  
Capital Gain 1.74% 32% F 48% F
Dividend Return 8.14% 63% D 64% D
Total Return 6.40% 94% A 98% N/A
Risk Return Profile  
Volatility (Standard Deviation) 20.58% 84% B 43% F
Risk Adjusted Return 39.55% 63% D 62% D
Market Capitalization 0.15B 53% F 47% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.