CIC?s investment objective is to provide Shareholders with (i) quarterly distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would be experienced by owning a portfolio of common shares of the Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank (collectively, the ?Banks?) directly.
|ZWB:CA||BMO Covered Call Canadian Bank..||0.72 %||
|ZEB:CA||BMO Equal Weight Banks Index E..||0.60 %||
|XFN:CA||iShares S&P/TSX Capped Fin..||0.61 %||
|ZBK:CA||BMO Equal Weight US Banks Inde..||0.38 %||
|FSF:CA||CI Global Financial Sector ETF||1.00 %||
|ZUB:CA||BMO Equal Weight US Banks Hedg..||0.38 %||
|CEW:CA||iShares Equal Weight Banc &..||0.61 %||
|ZWK:CA||BMO Covered Call US Banks ETF||0.71 %||
|RBNK:CA||RBC Canadian Bank Yield Index ..||0.32 %||
|FLI:CA||CI U.S. & Canada Lifeco In..||0.93 %||
|Market Performance vs.
Industry/Classification (Financial Services 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)||15.87%||91%||A-||58%||F|
|Risk Adjusted Return||26.95%||55%||F||39%||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’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.
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 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.
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.