ducovest

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

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 10.77

Change

+0.05 (+0.42)%

Market Cap

CAD 0.15B

Volume

4.26K

Analyst Target

N/A
Analyst Rating

Verdict

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 16.80 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-01 )

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 %

-0.11 (-0.30%)

 CAD 3.40B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

-0.04 (-0.22%)

 CAD 3.03B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

+0.06 (+0.12%)

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

N/A

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

+0.04 (+0.14%)

 CAD 0.50B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

N/A

 CAD 0.35B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

-0.05 (-0.20%)

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

+0.02 (+0.12%)

 CAD 0.20B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

+0.01 (+0.14%)

 CAD 0.16B
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 0.37% 41% F 34% F
Dividend Return 1.85% 73% C 74% C
Total Return 2.23% 47% F 39% F
Trailing 12 Months  
Capital Gain 0.09% 24% F 40% F
Dividend Return 7.34% 73% C 94% A
Total Return 7.43% 24% F 54% F
Trailing 5 Years  
Capital Gain -8.65% 32% F 32% F
Dividend Return 28.60% 100% F 95% A
Total Return 19.95% 63% D 49% F
Average Annual (5 Year Horizon)  
Capital Gain 0.68% 37% F 46% F
Dividend Return 6.86% 63% D 61% D-
Total Return 6.17% 94% A 97% N/A
Risk Return Profile  
Volatility (Standard Deviation) 21.38% 79% B- 43% F
Risk Adjusted Return 32.08% 63% D 59% D-
Market Capitalization 0.15B 58% F 47% 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 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:
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.