RIT:CA:TSX-First Asset Canadian REIT ETF Common (CAD)

ETF | Asset Management | Toronto Stock Exchange

Last Closing

CAD 14.93

Change

-0.01 (-0.07)%

Market Cap

CAD 0.18B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

First Asset Canadian REIT ETF is a closed-end investment trust. The Fund provides high monthly cash distributions along with the opportunity for capital appreciation through the active management of a portfolio of REITs.

Inception Date: 15/11/2004

Primary Benchmark: S&P/TSX Capped REIT TR CAD

Primary Index: FTSE EPRA/NAREIT Developed PR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.90 %

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: 2020-05-29 )

Largest Industry Peers for Asset Management

Symbol Name Mer Price(Change) Market Cap
BN:CA Brookfield Corporation 0.00 %

+0.66 (+1.23%)

CAD 81.19B
BAM:CA Brookfield Asset Management Lt.. 0.00 %

+0.83 (+1.58%)

CAD 20.48B
PHYS:CA Sprott Physical Gold 0.00 %

-0.75 (-2.94%)

CAD 10.22B
IGM:CA IGM Financial Inc. 0.00 %

+0.28 (+0.83%)

CAD 8.00B
ONEX:CA Onex Corp 0.00 %

+0.91 (+0.94%)

CAD 7.53B
CEF:CA Sprott Physical Gold and Silve.. 0.00 %

-1.25 (-4.07%)

CAD 6.23B
PSLV:CA Sprott Physical Silver 0.00 %

-0.72 (-5.41%)

CAD 5.46B
CIX:CA CI Financial Corp 0.00 %

-0.07 (-0.42%)

CAD 2.51B
EIT-UN:CA Canoe EIT Income Fund 0.00 %

+0.05 (+0.37%)

CAD 2.43B
BBUC:CA Brookfield Business Corp 0.00 %

-0.04 (-0.14%)

CAD 2.12B

ETFs Containing RIT:CA

CSY:CA 0.00 % 1.31 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -19.86% 69% C- 34% F
Dividend Return 0.72% 32% F 53% F
Total Return -19.14% 67% D+ 33% F
Trailing 12 Months  
Capital Gain -15.46% 70% C- 37% F
Dividend Return -18.74% 3% F N/A F
Total Return -34.20% 34% F 19% F
Trailing 5 Years  
Capital Gain 11.42% 87% B+ 69% C-
Dividend Return -1.12% 3% F 1% F
Total Return 10.30% 80% B- 58% F
Average Annual (5 Year Horizon)  
Capital Gain 6.91% 78% C+ 73% C
Dividend Return 7.30% 56% F 74% C
Total Return 0.40% 24% F 61% D-
Risk Return Profile  
Volatility (Standard Deviation) 13.07% 91% A- 74% C
Risk Adjusted Return 55.86% 100% F 96% N/A
Market Capitalization 0.18B 73% C 69% C-

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.

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.

Positive cash flow

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

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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.

Below median total returns

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