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

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 10.86

Change

+0.06 (+0.56)%

Market Cap

CAD 0.15B

Volume

3.59K

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 16.75 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-16 )

Largest Industry Peers for Financial Services Equity

Symbol Name Mer Price(Change) Market Cap
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

+0.09 (+0.49%)

CAD 3.01B
ZEB:CA BMO S&P/TSX Equal Weight Banks 0.60 %

+0.28 (+0.75%)

CAD 3.01B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

+0.13 (+0.25%)

CAD 1.50B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

+0.28 (+0.88%)

CAD 0.85B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

+0.21 (+0.71%)

CAD 0.45B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

+0.18 (+0.81%)

CAD 0.34B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

-0.02 (-0.08%)

CAD 0.24B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

+0.04 (+0.54%)

CAD 0.23B
CEW:CA iShares Equal Weight Banc & Li.. 0.60 %

+0.05 (+0.28%)

CAD 0.21B
HEWB:CA Global X Equal Weight Canadian.. 0.00 %

+0.35 (+1.03%)

CAD 0.15B

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 1.21% 18% F 28% F
Dividend Return 3.81% 81% B- 90% A-
Total Return 5.02% 22% F 36% F
Trailing 12 Months  
Capital Gain 0.65% 24% F 26% F
Dividend Return 7.15% 75% C 93% A
Total Return 7.80% 28% F 42% F
Trailing 5 Years  
Capital Gain -4.32% 37% F 35% F
Dividend Return 30.02% 100% F 95% A
Total Return 25.70% 58% F 50% F
Average Annual (5 Year Horizon)  
Capital Gain 1.84% 32% F 48% F
Dividend Return 8.27% 63% D 64% D
Total Return 6.42% 94% A 98% N/A
Risk Return Profile  
Volatility (Standard Deviation) 20.49% 84% B 43% F
Risk Adjusted Return 40.34% 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.