CED:CA:TSX-First Asset Core Canadian Equity ETF

ETF | Others | Toronto Stock Exchange

Last Closing

CAD 22.42

Change

+0.51 (+2.33)%

Market Cap

CAD 0.02B

Volume

3.53K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The First Asset Core Canadian Equity ETF?s investment objective is to seek to provide holders of its units with: (i) long term capital appreciation with an attractive risk-adjusted rate of return; and (ii) consistent dividend income; through investing the First Asset ETF?s portfolio to gain exposure to equity securities of primarily large capitalization Canadian issuers.

Inception Date: 14/01/2015

Primary Benchmark: S&P/TSX Composite TR

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 1.00 %

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: 2019-09-19 )

Largest Industry Peers for Others

Symbol Name Mer Price(Change) Market Cap
BASE-B:CA Evolve Global Materials & .. 0.00 %

-0.07 (-0.36%)

N/A
CAPS-B:CA Evolve Active US Core Equity F.. 0.00 %

-0.06 (-0.27%)

N/A
CAPS-U:CA Evolve Active US Core Equity F.. 0.00 %

+0.13 (+0.69%)

N/A
CGAA:CA CI First Asset Global Asset Al.. 0.00 %

-0.02 (-0.10%)

N/A
CGL-C:CA iShares Gold Bullion ETF (Non-.. 0.00 %

-0.06 (-0.35%)

N/A
CHNA-B:CA WisdomTree ICBCCS S&P Chin.. 0.00 %

+0.19 (+0.76%)

N/A
DGR-B:CA WisdomTree U.S. Quality Divide.. 0.00 %

-0.01 (-0.04%)

N/A
FLCP:CA Franklin Liberty Core Plus Bon.. 0.00 %

N/A

N/A
FLOT-U:CA Purpose Floating Rate Income F.. 0.00 %

N/A

N/A
HBF-U:CA Harvest Brand Leaders Plus Inc.. 0.00 %

+0.03 (+0.30%)

N/A

ETFs Containing CED:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 20.02% 88% B+ 77% C+
Dividend Return 1.39% 47% F 39% F
Total Return 21.41% 90% A- 77% C+
Trailing 12 Months  
Capital Gain 2.89% 60% D- 63% D
Dividend Return 2.58% 57% F 50% F
Total Return 5.47% 64% D 64% D
Trailing 5 Years  
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
Average Annual (5 Year Horizon)  
Capital Gain 1.50% 54% F 49% F
Dividend Return 2.93% 50% F 46% F
Total Return 1.45% 41% F 35% F
Risk Return Profile  
Volatility (Standard Deviation) 8.20% 38% F 71% C-
Risk Adjusted Return 35.80% 30% F 47% F
Market Capitalization 0.02B 12% F 6% F

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:
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.

Positive cash flow

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

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.