FLI:CA:TSX-First Asset U.S. & Canada Lifeco Income ETF (CAD)

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 10.57

Change

+0.12 (+1.15)%

Market Cap

CAD 0.12B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The First Asset U.S. & Canada Lifeco Income ETF?s investment objectives are to provide Unitholders with (i) quarterly cash distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would be experienced by owning a portfolio of publicly-traded common equity securities of the ten largest U.S. and Canadian life insurance companies by market capitalization directly.

Inception Date: 22/08/2013

Primary Benchmark: S&P 500 Life & Health Ins TR USD

Primary Index: MSCI World/Financials GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.92 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

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 %

-0.03 (-0.08%)

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

-0.07 (-0.36%)

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

+0.24 (+0.50%)

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

+0.13 (+0.45%)

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

+0.05 (+0.19%)

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

-0.09 (-0.43%)

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

+0.07 (+0.29%)

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

+0.07 (+0.42%)

CAD 0.19B
CIC:CA CI Canadian Banks Covered Call.. 0.84 %

+0.03 (+0.23%)

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

+0.03 (+0.42%)

CAD 0.15B

ETFs Containing FLI: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 6.98% 65% D 62% D
Dividend Return 1.60% 67% D+ 74% C
Total Return 8.59% 65% D 67% D+
Trailing 12 Months  
Capital Gain 19.17% 76% C+ 76% C+
Dividend Return 7.99% 80% B- 95% A
Total Return 27.16% 88% B+ 82% B
Trailing 5 Years  
Capital Gain -3.03% 32% F 38% F
Dividend Return 28.63% 94% A 94% A
Total Return 25.60% 47% F 51% F
Average Annual (5 Year Horizon)  
Capital Gain -0.78% 26% F 39% F
Dividend Return 5.97% 63% D 60% D-
Total Return 6.75% 100% F 99% N/A
Risk Return Profile  
Volatility (Standard Deviation) 25.42% 47% F 37% F
Risk Adjusted Return 23.47% 53% F 53% F
Market Capitalization 0.12B 32% F 32% 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 compared to book value

The stock is trading low compared to its peers on a price to book value 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.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning 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.

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.

Positive free cash flow

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

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free 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.

What to not like:
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.

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.