ducovest

RIT:CA:TSX-First Asset Canadian REIT ETF Common (CAD)

ETF | Real Estate Equity | Toronto Stock Exchange

Last Closing

CAD 15.63

Change

+0.07 (+0.45)%

Market Cap

CAD 0.18B

Volume

5.77K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

First Asset Canadian REIT ETF is a closed-end investment trust. The Fund provides high monthly cash distributions along with the opportunity for capital appreciation through the active management of a portfolio of REITs.

Company Website : http://www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 15/11/2004

Primary Benchmark: S&P/TSX Capped REIT TR CAD

Primary Index: FTSE EPRA/NAREIT Developed PR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.90 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-24 )

Largest Industry Peers for Real Estate Equity

Symbol Name Mer Price(Change) Market Cap
XRE:CA iShares S&P/TSX Capped REIT In.. 0.61 %

N/A

 CAD 1.36B
ZRE:CA BMO Equal Weight REITs 0.61 %

N/A

 CAD 0.56B
VRE:CA Vanguard FTSE Canadian Capped .. 0.39 %

N/A

 CAD 0.28B
CGR:CA iShares Global Real Estate Com.. 0.71 %

N/A

 CAD 0.21B
HGR:CA Harvest Global REIT Leaders In.. 2.68 %

N/A

 CAD 0.05B
HCRE:CA Global X Equal Weight Canadian.. 0.00 %

N/A

 CAD 0.04B

ETFs Containing RIT:CA

CSY:CA 0.00 % 1.31 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Real Estate Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.80% 43% F 17% F
Dividend Return 5.04% 83% B 72% C
Total Return 2.24% 29% F 19% F
Trailing 12 Months  
Capital Gain -1.51% 43% F 18% F
Dividend Return 5.10% 67% D+ 68% D+
Total Return 3.59% 29% F 21% F
Trailing 5 Years  
Capital Gain -16.24% 57% F 20% F
Dividend Return 21.70% 67% D+ 61% D-
Total Return 5.47% 57% F 23% F
Average Annual (5 Year Horizon)  
Capital Gain 1.52% 43% F 38% F
Dividend Return 5.46% 86% B+ 48% F
Total Return 3.94% 83% B 85% B
Risk Return Profile  
Volatility (Standard Deviation) 17.81% 71% C- 49% F
Risk Adjusted Return 30.66% 86% B+ 46% F
Market Capitalization 0.18B 71% C- 59% D-

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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:

There is nothing we particularly dislike