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

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 11.71

Change

+0.16 (+1.34)%

Market Cap

CAD 0.15B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict
Created with Highstock 5.0.6

Slightly Bullish

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

Created with Highstock 5.0.6
Bond (0%)
Equity (99%)
Cash (0%)
Other (0%)
US Equity (0%)
Top Holdings

N/A

Symbol Company Name Allocation
STVN Stevanato Group SpA 15.16 %
Top Sectors

N/A

Created with Highstock 5.0.6
Basic Materials (0%)
Consumer Cyclicals (0%)
Financial Services (100%)
Real Estate (0%)
Communication Services (0%)
Energy (0%)
Industrials (0%)
Technology (0%)
Consumer Defensive (0%)
Healthcare (0%)
Utilities (0%)
Top Regions

N/A

Created with Highstock 5.0.6
North America (100%)
United Kingdom (0%)
Europe Developed (0%)
Europe Emerging (0%)
Africa/Middle East (0%)
Japan (0%)
Australasia (0%)
Asia Developed (0%)
Asia Emerging (0%)
Latin America (0%)

Share Volume

Relative Performance (Total Returns)

Compare
CIC:CA XIU:CA
  • XIU:CA
Relative Returns (From:    To: 2025-03-24 )

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 (-0.51%)

CAD 4.06B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

-0.09 (-0.47%)

CAD 3.02B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

-0.14 (-0.24%)

CAD 1.70B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

-0.35 (-0.98%)

CAD 0.80B
FSF:CA CI Global Financial Sector ETF 1.11 %

-0.27 (-0.82%)

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

-0.35 (-1.12%)

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

+0.01 (+0.13%)

CAD 0.38B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

-0.27 (-1.14%)

CAD 0.36B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

-0.11 (-0.40%)

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

-0.01 (-0.05%)

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 -3.30% 40% F 25% F
Dividend Return 1.06% 55% F 72% C
Total Return -2.24% 50% F 28% F
Trailing 12 Months  
Capital Gain 6.65% 20% F 47% F
Dividend Return 6.75% 78% C+ 91% A-
Total Return 13.40% 20% F 60% D-
Trailing 5 Years  
Capital Gain 38.09% 35% F 42% F
Dividend Return 48.30% 76% C+ 85% B
Total Return 86.39% 35% F 51% F
Average Annual (5 Year Horizon)  
Capital Gain 5.72% 30% F 53% F
Dividend Return 12.18% 25% F 67% D+
Total Return 6.47% 83% B 97% N/A
Risk Return Profile  
Volatility (Standard Deviation) 19.74% 90% A- 43% F
Risk Adjusted Return 61.71% 65% D 71% C-
Market Capitalization 0.15B N/A N/A N/A N/A

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

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.