ducovest

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

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 8.55

Change

+0.11 (+1.30)%

Market Cap

CAD 0.15B

Volume

5.06K

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
BNS Bank of Nova Scotia 16.99 %
BMO Bank of Montreal 16.97 %
NA Nano Labs Ltd 16.80 %
CM Canadian Imperial Bank Of Commerce 16.74 %
RY Royal Bank of Canada 16.51 %
TD Toronto Dominion Bank 16.34 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-05-25 )

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 %

+0.22 (+0.62%)

 CAD 3.75B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

+0.10 (+0.56%)

 CAD 2.98B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

+0.27 (+0.56%)

 CAD 1.39B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

+0.59 (+2.09%)

 CAD 0.68B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

+0.56 (+2.17%)

 CAD 0.49B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

+0.30 (+1.47%)

 CAD 0.34B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

N/A

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

+0.14 (+0.84%)

 CAD 0.19B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

+0.06 (+0.84%)

 CAD 0.15B
HEF:CA Horizons Enhanced Income Finan.. 0.83 %

N/A

 CAD 0.15B

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 -24.80% 76% C+ 28% F
Dividend Return 1.54% 94% A 95% A
Total Return -23.26% 92% A 30% F
Trailing 12 Months  
Capital Gain -25.52% 40% F 28% F
Dividend Return 3.05% 100% F 83% B
Total Return -22.47% 72% C 29% F
Trailing 5 Years  
Capital Gain -19.64% 27% F 42% F
Dividend Return 30.67% 100% F 92% A
Total Return 11.02% 73% C 61% D-
Average Annual (5 Year Horizon)  
Capital Gain 2.14% 57% F 54% F
Dividend Return 8.20% 74% C 71% C-
Total Return 6.08% 100% F 92% A
Risk Return Profile  
Volatility (Standard Deviation) 12.10% 35% F 63% D
Risk Adjusted Return 67.77% 87% B+ 86% B+
Market Capitalization 0.15B 80% B- 50% 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:
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.

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.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.