ducovest

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

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 12.03

Change

0.00 (0.00)%

Market Cap

CAD 0.15B

Volume

8.20K

Analyst Target

N/A
Analyst Rating

N/A

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.

Company Website : www.firstassetfunds.com

Currency: CAD

Country : Canada

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 16.77 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-09 )

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 %

-0.09 (-0.22%)

 CAD 3.98B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

-0.03 (-0.15%)

 CAD 3.18B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

-0.12 (-0.20%)

 CAD 1.66B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

-0.10 (-0.26%)

 CAD 0.84B
FSF:CA CI Global Financial Sector ETF 1.11 %

N/A

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

+0.02 (+0.08%)

 CAD 0.37B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

-0.06 (-0.17%)

 CAD 0.32B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

N/A

 CAD 0.28B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

-0.05 (-0.18%)

 CAD 0.27B
CEW:CA iShares Equal Weight Banc & Li.. 0.60 %

-0.02 (-0.10%)

 CAD 0.23B

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 12.12% 15% F 52% F
Dividend Return 6.22% 78% C+ 85% B
Total Return 18.33% 10% F 58% F
Trailing 12 Months  
Capital Gain 23.51% 20% F 62% D
Dividend Return 8.84% 78% C+ 89% A-
Total Return 32.35% 15% F 70% C-
Trailing 5 Years  
Capital Gain 2.21% 35% F 40% F
Dividend Return 35.45% 100% F 88% B+
Total Return 37.66% 55% F 51% F
Average Annual (5 Year Horizon)  
Capital Gain 4.18% 25% F 50% F
Dividend Return 10.38% 40% F 65% D
Total Return 6.20% 83% B 96% N/A
Risk Return Profile  
Volatility (Standard Deviation) 20.25% 90% A- 43% F
Risk Adjusted Return 51.24% 60% D- 67% D+
Market Capitalization 0.15B N/A N/A N/A N/A

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:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.