BNC:CA:TSX-Purpose Canadian Financial Income Fund Series ETF (CAD)

ETF | Canadian Equity | TSX

Last Closing Price

CAD 24.95

Change

0.00 (0.00)%

Market Cap

CAD 0.01B

Volume

3.00

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in aportfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and CanadianInsurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthlydistributions.

Company Website : http://www.purposeinvest.com

Currency: CAD

Country : Canada

Inception Date: 25/10/2016

Primary Benchmark: FTSE Canada Universe Bond

Management Expense Ratio: 0.66 %

Technical Indicators

Beta : 0.97

52 Week High : 25.00

52 Week Low : 16.83

200 Day Moving Average : 22.17

50 Day Moving Average : 24.71

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
NA:CA National Bank of Canada 13.07 %
CM:CA Canadian Imperial Bank of Commerce 11.13 %
RY:CA Royal Bank of Canada 10.30 %
BMO:CA Bank of Montreal 10.17 %
BNS:CA The Bank of Nova Scotia 8.95 %
TD:CA The Toronto-Dominion Bank 8.68 %
IAG:CA iA Financial Corporation Inc 7.08 %
MFC:CA Manulife Financial Corporation 6.80 %
GWO:CA Great-West Lifeco Inc 6.44 %
SLF:CA Sun Life Financial Inc 6.44 %
Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Category Benchmark : Morningstar Gbl Fin Svc GR CAD

Sustainability Ratio : 5

3 Year Volatility : 19.84

3 Year Expected Return : 11.18

3 Year Sharpe Ratio : 0.47

YTD Return : 15.03%

3 Year Returns : 9.35%

5 Year Returns : 0.00%

10 Year Returns : 0.00%

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-21 )

Largest Industry Peers for Canadian Equity

Symbol Name Mer Price(Change) Market Cap
XIU:CA iShares S&P/TSX 60 Index ETF 0.15 %

+0.17 (+0.59%)

 CAD9.65B
XIC:CA iShares Core S&P/TSX Cappe.. 0.05 %

+0.22 (+0.73%)

 CAD7.94B
ZCN:CA BMO S&P/TSX Capped Composi.. 0.05 %

+0.15 (+0.59%)

 CAD6.02B
VCN:CA Vanguard FTSE Canada All Cap I.. 0.05 %

+0.22 (+0.57%)

 CAD3.42B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.35 %

+0.07 (+0.19%)

 CAD2.67B
HXT:CA Horizons S&P/TSX 60 Index .. 0.07 %

+0.26 (+0.59%)

 CAD2.39B
TTP:CA TD Canadian Equity Index ETF 0.04 %

+0.11 (+0.51%)

 CAD1.21B
VCE:CA Vanguard FTSE Canada Index ETF 0.05 %

+0.20 (+0.49%)

 CAD0.95B
WXM:CA CI First Asset Morningstar Can.. 0.60 %

+0.22 (+0.98%)

 CAD0.80B
MKC:CA Mackenzie Maximum Diversificat.. 0.45 %

+0.27 (+0.95%)

 CAD0.47B

ETFs Containing BNC:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Canadian Equity)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 13.93% 98% A+ 69% D+
Dividend Return 0.39% 17% F 17% F
Total Return 14.32% 98% A+ 69% D+
Trailing 12 Months  
Capital Gain 46.76% 95% A 62% D-
Dividend Return 2.50% 61% D- 44% F
Total Return 49.26% 95% A 62% D-
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -1.10% 17% F 26% F
Dividend Return 2.80% 95% A 74% C
Total Return 1.70% 24% F 35% F
Risk Return Profile  
Volatility (Standard Deviation) 12.03% 29% F 64% D
Risk Adjusted Return 14.16% 24% F 34% F
Market Capitalization 0.01B 15% F 7% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

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.

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.

What to not like:
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.

Poor risk adjusted returns

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.

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.

Below median dividend returns

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.