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.
|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 %|
|XIU:CA||iShares S&P/TSX 60 Index ETF||0.15 %||
|XIC:CA||iShares Core S&P/TSX Cappe..||0.05 %||
|ZCN:CA||BMO S&P/TSX Capped Composi..||0.05 %||
|VCN:CA||Vanguard FTSE Canada All Cap I..||0.05 %||
|ZLB:CA||BMO Low Volatility Canadian Eq..||0.35 %||
|HXT:CA||Horizons S&P/TSX 60 Index ..||0.07 %||
|TTP:CA||TD Canadian Equity Index ETF||0.04 %||
|VCE:CA||Vanguard FTSE Canada Index ETF||0.05 %||
|WXM:CA||CI First Asset Morningstar Can..||0.60 %||
|MKC:CA||Mackenzie Maximum Diversificat..||0.45 %||
|Market Performance vs.
Industry/Classification (Canadian Equity)
|Market Performance vs. 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)||12.03%||29%||F||64%||D|
|Risk Adjusted Return||14.16%||24%||F||34%||F|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|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.
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.
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.