ducovest

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

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 12.11

Change

0.00 (0.00)%

Market Cap

CAD 0.15B

Volume

0.01M

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 17.36 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2025-01-01 )

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 %

+0.21 (+0.49%)

 CAD 4.43B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

+0.09 (+0.45%)

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

+0.43 (+0.72%)

 CAD 1.69B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

+0.65 (+1.75%)

 CAD 0.79B
FSF:CA CI Global Financial Sector ETF 1.11 %

+0.28 (+0.92%)

 CAD 0.46B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

+0.50 (+1.56%)

 CAD 0.40B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

+0.44 (+1.78%)

 CAD 0.36B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

+0.05 (+0.56%)

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

+0.12 (+0.43%)

 CAD 0.28B
CEW:CA iShares Equal Weight Banc & Li.. 0.60 %

+0.07 (+0.34%)

 CAD 0.24B

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 N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 12 Months  
Capital Gain 13.60% 20% F 56% F
Dividend Return 7.62% 78% C+ 90% A-
Total Return 21.22% 15% F 64% D
Trailing 5 Years  
Capital Gain 6.70% 45% F 45% F
Dividend Return 36.50% 100% F 91% A-
Total Return 43.20% 65% D 58% F
Average Annual (5 Year Horizon)  
Capital Gain 5.18% 25% F 51% F
Dividend Return 11.53% 30% F 65% D
Total Return 6.35% 83% B 97% N/A
Risk Return Profile  
Volatility (Standard Deviation) 20.24% 90% A- 43% F
Risk Adjusted Return 56.98% 65% D 69% C-
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.