The investment objective of the First Asset ETF is to provide holders, through an actively managed portfolio, as described below, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of equity securities of the 15 largest nonCanadian Energy Companies (as defined herein) measured by US$ market capitalization with common stock or ADRs listed on a North American stock exchange and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.
Inception Date: 04/02/2015
Primary Benchmark: N/A
Primary Index: S&P/TSX Capped Energy TR
Gross Expense Ratio: NA%
Management Expense Ratio: 0.69 %
|APC||Anadarko Petroleum Corporation||7.03 %|
|PXD||Pioneer Natural Resources Company||6.94 %|
|CXO||Concho Resources Inc.||6.93 %|
|EOG||EOG Resources Inc.||6.85 %|
|PBR||Petroleo Brasileiro S.A.- Petrobras||6.77 %|
|OXY||Occidental Petroleum Corporation||6.61 %|
|CVX||Chevron Corporation||6.57 %|
|SNP||China Petroleum & Chemical Corporation||6.57 %|
|BP||BP p.l.c.||6.55 %|
|XEG:CA||iShares S&P/TSX Capped Energy ..||0.62 %||
|ZEO:CA||BMO Equal Weight Oil & Gas Ind..||0.61 %||
|ZJO:CA||BMO Junior Oil Index ETF||0.59 %||
|HPF:CA||Energy Leaders Plus Income ETF||2.97 %||
|ZJN:CA||BMO Junior Gas Index ETF||0.58 %||
|HEE:CA||Horizons Enhanced Income Energ..||0.82 %||
|NXF:CA||First Asset Energy Giants Cove..||0.71 %||
|HOG:CA||Horizons Canadian Midstream Oi..||0.64 %||
|OXF:CA||First Asset Can-Energy Covered..||0.76 %||
|NXF.D:CA||First Asset Energy Giants Cove..||0.00 %||
|Market Performance vs.
Industry/Classification (Energy Equity)
|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)||11.40%||100%||A+||60%||D-|
|Risk Adjusted Return||13.95%||90%||A-||28%||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.
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.
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.
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.