ducovest

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

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 12.06

Change

-0.06 (-0.45)%

Market Cap

CAD 0.15B

Volume

3.38K

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 16.83 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2025-02-12 )

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 %

N/A

 CAD 5.23B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

N/A

 CAD 2.92B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

N/A

 CAD 1.73B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

N/A

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

N/A

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

N/A

 CAD 0.42B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

N/A

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

N/A

 CAD 0.32B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

N/A

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

N/A

 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 -0.41% 15% F 24% F
Dividend Return 0.54% 64% D 76% C+
Total Return 0.13% 10% F 29% F
Trailing 12 Months  
Capital Gain 14.75% 15% F 59% D-
Dividend Return 8.35% 83% B 95% A
Total Return 23.10% 15% F 71% C-
Trailing 5 Years  
Capital Gain 2.99% 35% F 42% F
Dividend Return 35.94% 100% F 91% A-
Total Return 38.92% 50% F 53% F
Average Annual (5 Year Horizon)  
Capital Gain 5.87% 30% F 53% F
Dividend Return 12.29% 30% F 66% D+
Total Return 6.42% 83% B 97% N/A
Risk Return Profile  
Volatility (Standard Deviation) 20.18% 90% A- 43% F
Risk Adjusted Return 60.88% 65% D 70% 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.