The fund seeks to (i) maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash; and (ii) to provide shareholders with stable monthly cash distributions.
Inception Date: 06/09/2013
Primary Benchmark: Not Benchmarked
Primary Index: Morningstar CAN Bal Glbl 60/40 CAD
Gross Expense Ratio: NA%
Management Expense Ratio: 0.79 %
|CBD:CA||iShares Balanced Income CorePo..||0.76 %||
|HRA:CA||Horizons Global Risk Parity ET..||1.25 %||
|XGR:CA||iShares Growth Core Portfolio ..||0.64 %||
|CBD.A:CA||iShares Balanced Income CorePo..||1.87 %||
|Market Performance vs.
Industry/Classification (Global Neutral Balanced)
|Market Performance vs. Exchange (Toronto Stock Exchange)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||6.43%||25%||F||81%||B-|
|Risk Adjusted Return||3.41%||25%||F||21%||F|
|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.
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.
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.
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.
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.
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.